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Magellan Health Inc: Business Overview, Financials & Competitive Analysis

Magellan Health provides managed care and pharmacy solutions for healthcare, with segments including Healthcare, Pharmacy Management and Corporate. The company was acquired by Centene Corporation in January 2021 and c...

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Magellan Health Inc OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Cyborg Score recalibrated: June 29, 2026
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Magellan Health Inc Overview

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Magellan Health provides managed care and pharmacy solutions for healthcare, with segments including Healthcare, Pharmacy Management and Corporate. The company was acquired by Centene Corporation in January 2021 and completed the merger transaction in the second half of 2021, becoming a wholly-owned subsidiary.

Strategic Profile

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As an American managed health care company focused on behavioral healthcare, Magellan specializes in managing complex and costly health care services. The company offers innovative solutions combining analytics, technology and clinical rigor to drive better decision making and optimize the cost of care for customers.

Competitive Landscape

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As a Centene subsidiary, Magellan competes in the managed behavioral health market against other carve-out managers and integrated health plans such as UnitedHealth, Anthem, and CVS Health.

Industry Context

Magellan Health Inc operates in Behavioral health managed care and pharmacy benefit management.

Key facts

Headquarters: Scottsdale, US · Revenue: $4.82B (TTM as of June 2026)

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Named competitors

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UnitedHealthcareDiversified health and well-being services and health insuranceAnthemHealth insurance and managed care providerCVS HealthIntegrated health services and pharmacy benefits management

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Industry context

Magellan Health Inc operates in Behavioral health managed care and pharmacy benefit management. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Magellan Health Inc do?+
Magellan Health provides managed care and pharmacy solutions for healthcare, with segments including Healthcare, Pharmacy Management and Corporate. The company was acquired by Centene Corporation in January 2021 and c...
What is Magellan Health Inc's Cyborg Score?+
The Cyborg Score is a 1-10 rating from the AskCyborg multi-agent analyst-debate framework. Recalibrated weekly across business, financials, leadership, competitive position, technology, marketing, and ESG dimensions.
Who are Magellan Health Inc's main competitors?+
Named competitors include UnitedHealthcare, Anthem, CVS Health. The full competitive landscape is in the AskCyborg report.
How can I get the full Magellan Health Inc research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Magellan Health Inc research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.