Magellan Health Headquarters Moves to New Location

Magellan Health's headquarters has relocated to a new location. The exact date of the move is not specified in the article.

The new location is in Scottsdale, Arizona. Magellan Health is a healthcare management company with a long history of innovation in the industry.

The company's new headquarters features modern office space and amenities that support the well-being of its employees. This move is a strategic decision to better serve its clients and stakeholders.

A unique perspective: Temu Company Location

Magellan Health is relocating its corporate headquarters to Scottsdale, Arizona. The move is expected to happen in the coming months.

The company's chairman and CEO, Barry Smith, will be joined by certain executive leaders in Scottsdale. However, Chief Financial Officer Jonathan Rubin has chosen not to relocate and will leave the company after a transition period of about one year.

Magellan Health's growth has been fueled largely by acquisitions, including the purchase of Partners Rx, a privately held firm that manages pharmacy benefits, for $100 million last October. The pharmacy unit generates annual revenue of about $240 million.

Here are some key facts about Magellan Health's relocation:

The relocation will have no day-to-day impact on the company, according to a spokeswoman.

Magellan Health is moving its corporate headquarters from Connecticut to Scottsdale, Arizona. This decision reflects the company's growing ties to the state.

The health-care management company acquired Partners Rx, a privately held firm that manages pharmacy benefits, last October for $100 million. This acquisition was a significant factor in the headquarters relocation.

Magellan's CEO, Barry Smith, lives in Paradise Valley, Arizona, which is another reason for the move. He took over as CEO in January 2013.

The company will become one of Arizona's larger companies, with a stock-market capitalization of $1.6 billion. It will also have more than 5,000 employees and annual revenue of around $3.6 billion.

Here are some key facts about the relocation:

Magellan Health is joining the Frisco Station project with a new office in Offices Two.

The company is taking over 8,000 square feet of space in the building.

Frisco Station is a 242-acre mixed-use development with a growing health care services corporate community.

The Offices Two building is 75% leased after the new deal.

A third office building is under construction as part of the $1.8 billion Frisco Station project.

The project also includes three new apartment communities and three hotels.

Worth a look: Hipaa Compliant Office Space

At Magellan Health, they offer a range of healthcare services to help individuals and families navigate the complexities of the healthcare system.

Their pharmacy services are a key part of their healthcare offerings, with a focus on helping members manage their prescription medications and stay healthy.

Magellan Health's behavioral health services provide support for mental health and substance abuse treatment, with a goal of helping members achieve stability and wellness.

With a network of over 1,000 providers, Magellan Health's medical services offer members access to a wide range of medical specialists and primary care physicians.

Their care management services help members with complex medical needs, such as chronic conditions or disabilities, navigate the healthcare system and get the care they need.

Magellan Health's pharmacy services also include a mail-order pharmacy program, which allows members to order prescription medications by mail and have them delivered to their doorstep.

Their behavioral health services are available to members of all ages, from children to adults, and include counseling, therapy, and support groups.

Here's an interesting read: Pacific Mail Steamship Company