Magellan Health

Magellan Health is a healthcare management organization based in Avon, Connecticut, established in 1969. The company specializes in managing behavioral healthcare, diagnostic imaging, and pharmacy benefit administration. It serves a diverse clientele, including health plans, managed care organizations, employers, labor unions, military and governmental agencies, and third-party administrators. Magellan Health provides a range of services such as behavioral healthcare, employee assistance programs, and specialty pharmaceutical services, aiming to improve health outcomes and optimize the delivery of care for its clients.

Barry M. Smith

CEO and Chairman

16 past transactions

NeuroFlow

Series B in 2021
NeuroFlow, Inc. is a digital health company that develops a cloud-based platform designed to enhance access to behavioral health and engage patients throughout the continuum of mental healthcare. Founded in 2016 and headquartered in Philadelphia, Pennsylvania, NeuroFlow provides healthcare providers with tools for remote patient monitoring and integration of behavioral health across various care settings, including psychology, primary care, and pain management. The platform employs evidence-based practices to track, assess, and engage patients, promoting overall wellness and improving compliance with treatment. By utilizing patient-generated questionnaires and journaling, NeuroFlow enables individuals to monitor their mental health outcomes and achieve tangible progress. The company has established strategic partnerships with organizations like Smart Health Innovation Lab and Mental Health America to further its mission of improving mental health support and outcomes.

Arine

Series A in 2021
Arine Inc. is a San Francisco-based company that specializes in developing a clinical learning and analytic response engine aimed at enhancing medication management and patient care. Founded in 2017, Arine utilizes a data-driven approach to optimize medications and improve health outcomes for patients and their families. The company's platform aggregates and analyzes clinical, social, and behavioral data to identify gaps in patient care, allowing for tailored and actionable medication recommendations. By partnering expert clinicians with data scientists and engineers, Arine focuses on delivering timely interventions that guide patients throughout their healthcare journey, ultimately aiming to lower costs and improve the quality of care.

Bayless Integrated Healthcare

Acquisition in 2020
Bayless Integrated Healthcare, founded in 1982 and based in Phoenix, Arizona, offers a wide range of integrated primary care and behavioral health services. The company provides mental health treatments including psychiatry, pediatrics, family medicine, counseling, psychology, social work, emotional health, care management, addiction treatment, and substance use services. Bayless Integrated Healthcare addresses the comprehensive physical and mental healthcare needs of patients from infancy through late adulthood, offering compassionate and innovative care across all socioeconomic classes. The company operates throughout Arizona, providing telehealth and virtual care services to residents statewide.

Senior Whole Health

Acquisition in 2017
Senior Whole Health, LLC is a health maintenance organization that provides healthcare plans specifically designed for seniors eligible for both Medicare and Medicaid in Massachusetts, New York, and Connecticut. Founded in 2003 and headquartered in Cambridge, Massachusetts, with additional offices in Raynham, the company focuses on delivering affordable and innovative healthcare services to individuals over 65 years of age. Its comprehensive healthcare package encompasses in-home support services, physician and hospital care, prescription drugs, and dental services. Senior Whole Health simplifies the healthcare experience for its members by allowing them to use a single senior whole health card in place of separate Medicare, Medicaid, and Part D cards. This approach enables the elderly to access customized care plans that ensure they receive the right mix of medical, social, and community-based services, promoting their health and independence while allowing them to live comfortably in their own homes.

Click Therapeutics

Convertible Note in 2017
Click Therapeutics, Inc. is a New York-based company that specializes in the engineering, validation, development, and commercialization of digital therapeutics aimed at addressing unmet medical needs through cognitive and neurobehavioral modification. Founded in 2012, Click Therapeutics focuses on creating software-based medical treatments for various conditions, including smoking cessation, major depressive disorders, schizophrenia, insomnia, and chronic pain. Its innovative Digital Therapeutics™ can be utilized independently or alongside traditional biomedical treatments, enhancing patient engagement and treatment outcomes. The company's Clickometrics® adaptive data science platform personalizes user experiences to optimize results. Notably, Click's smoking cessation program has successfully launched nationwide, and its leading prescription program is currently undergoing a phase III FDA registration trial for treating Major Depressive Disorder in adults.

Veridicus Health

Acquisition in 2016
Veridicus Health is a provider of comprehensive and customizable pharmacy solutions, specializing in pharmacy benefit management services. Established in 2006 and headquartered in Salt Lake City, Utah, the company is recognized as a leader in clinical care management and medication therapy management. Veridicus Health focuses on addressing complex pharmacy challenges for a diverse clientele that includes employers, managed care organizations, and government entities. Their offerings include medical pharmacy trend reports, clinical research, and a range of services aimed at serving both Commercial and Medicare Part D plans.

Magellan Federal

Acquisition in 2016
Magellan Federal, a subsidiary of Magellan Healthcare, Inc., specializes in delivering management consulting and program services to support the military community in the United States. The company provides a range of managed services, including healthcare delivery, life coaching, counseling, case management, and logistical support. Additionally, it offers professional services such as consulting, strategic planning, policy analysis, and training. Magellan Federal's programs address various aspects of the military life-cycle, focusing on healthcare, resiliency, family strength, education, and financial/legal support. With a commitment to serving all five branches of the U.S. Armed Forces, the company has developed extensive expertise in behavioral health and specialty services. Established in 2000 and headquartered in Arlington, Virginia, Magellan Federal also operates locations in Radcliff, Kentucky, Dumfries, Virginia, and San Antonio, Texas.

4D Pharmacy Management Systems

Acquisition in 2015
4D Pharmacy Management Systems, Inc. is a Michigan-based prescription benefits manager that was founded in 1988. The company specializes in a variety of prescription benefits services, including formulary development and maintenance, drug utilization review, rebate program evaluation and monitoring, clinical support, and performance auditing. It caters to both public and private entities throughout the United States, aiming to enhance the effectiveness and efficiency of prescription benefit programs. As of April 1, 2015, 4D Pharmacy Management Systems operates as a subsidiary of Magellan Pharmacy Services, expanding its capabilities in providing comprehensive healthcare prescription services.

Cobalt Therapeutics

Acquisition in 2014
Cobalt Therapeutics LLC develops online software solutions to deliver cognitive behavioral therapy for insomnia, depression, anxiety, phobia, panic, obsessive compulsive disorder, and addiction.

CDMI

Acquisition in 2014
CDMI is a leading Drug Benefit Management company that provides essential support to payors across the United States. Managing over 40 health plans and representing approximately 50 million lives, CDMI offers comprehensive and integrated solutions tailored to the needs of its clients. The company specializes in rebate contracting management and formulary compliance, aiming to enhance the utilization of preferred products. Additionally, CDMI provides a range of clinical consultation services, including adherence and persistency programs, clinical pathways of care, quality performance improvement initiatives, site-of-care optimization, and patient-centered care. With a certified clinical team at its core, CDMI is committed to delivering innovative programs that enhance the overall effectiveness of drug benefit management for its health plan clients.

Partners Rx Management

Acquisition in 2013
Partners Rx Management, LLC is a pharmacy benefit management company located in Scottsdale, United States. The company provides a range of services including integrated mail order, claims processing, account management, and client services. Additionally, it offers wellness programs, step therapy, disease management programs, and formulary and rebate management services. By adopting a collaborative, partnership-based business model, Partners Rx Management aims to reduce the overall costs associated with prescription benefit plans for middle market clients.

AlphaCare Holdings

Acquisition in 2013
AlphaCare Holdings is a Medicaid managed long-term care plan operating primarily in the Bronx, Brooklyn, Queens, and Westchester County, New York. The organization focuses on supporting chronically ill and disabled individuals who wish to remain in their homes while requiring assistance with daily health-related activities. In addition to its long-term care services, AlphaCare offers managed care options through health maintenance organization (HMO) structures and Medicare plans, specifically catering to the needs of those requiring long-term and inpatient care.

ICore Healthcare

Acquisition in 2006
ICORE Healthcare, LLC is a specialty healthcare management company that focuses on providing comprehensive medical pharmacy and formulary management solutions. The company specializes in managing programs for various complex conditions, including oncology, rheumatoid arthritis, Crohn's disease, psoriasis, and multiple sclerosis. Additionally, ICORE Healthcare offers formulary management services that involve negotiating drug rebate contracts for specialty pharmaceuticals aimed at treating diseases such as growth hormone deficiency, infertility, hepatitis C, and hemophilia. By partnering with health planners, ICORE Healthcare effectively oversees the use and dispensing of specialty drugs, ensuring that patients receive appropriate therapies for their medical needs.

National Imaging Associates

Acquisition in 2006
National Imaging Associates, Inc. specializes in radiology benefits management services across the United States. The company provides a range of solutions, including administrative services, utilization management, and full-service offerings. Notably, it has developed CardiacConnections, a program focused on cardiac management, along with OncologyConnections, which addresses the needs of radiation oncology management. In addition to these programs, National Imaging Associates offers diagnostic imaging and physician consultation services, supporting patients, providers, payers, and the broader healthcare industry.

Merit Behavioral Care

Acquisition in 1997
Merit Behavioral Care Corporation provides behavioral care services.

Green Spring Health Services

Acquisition in 1995
Green Spring Health Services offers managed-care behavioral health care services.
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