Magellan Health Services (MGLN) Recommended for Contract to Administer Louisiana Behavioral Health Partnership

 
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Welcome to CRWENewswire, Stocks to watch. I am Sara Bryant. The Louisiana Department of Health and Hospitals has recommended that Magellan Health Services Incorporated - symbol MGLN - be awarded a contract to manage behavioral health care for Medicaid recipients and other      beneficiaries through the Louisiana Behavioral Health Partnership. The contract with Magellan begins on March 1, 2012, and extends until February 28, 2014, with an optional one-year extension and it is expected to generate annual revenue of approximately $150 million. Magellan is a leading specialty health care management organization with expertise in managing behavioral health, radiology and specialty pharmaceuticals, as well as public sector pharmacy benefits programs. More information about Magellan Health Services at www.MagellanHealth.com. Thanks for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Sara Bryant

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Etichete: magellan health services, magellan, mgln, nasdaq

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