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Centene acquisition of Magellan establishes country's largest BH platform
Author(s) -
Canady Valerie A.
Publication year - 2021
Publication title -
mental health weekly
Language(s) - English
Resource type - Journals
eISSN - 1556-7583
pISSN - 1058-1103
DOI - 10.1002/mhw.32636
Subject(s) - mental health , business , healthcare system , health services , health care , geography , economic growth , medicine , environmental health , economics , psychiatry , population
Observing that the market for mental health and support services for complex populations is limited and highly fragmented and resulting in suboptimal outcomes for individuals and significant costs to the health care system overall, Centene and Magellan Health Inc. announced Jan. 4 that they have entered into a definitive merger agreement under which Centene will acquire Magellan Health for $2.2 billion.