Magellan Healthcare Partners with Ria Health for AUD Services in California

Ria Health, a virtual treatment provider for alcohol use disorder (AUD), has announced a collaboration with Magellan Healthcare to make its services available to California members of the behavioral and specialty health solutions manager. Under the partnership, San Francisco-based Ria will offer medical and coaching support by way of a secure video chat option. Ria’s […]

After Scoring $17M, Mightier Seeks to Improve Youth Emotional Health through Its Gaming Solutions

Over time, various studies and academic literature have asserted that video games – long thought by many to contribute to adverse behaviors – can have positive emotional effects on users. A believer in the positive power of the video game experience, Boston-based Mightier is a gaming platform designed to improve a variety of behaviors among […]

Centene Is Working Through an Asset Review Process. What Does This Mean for Magellan Health?

St. Louis-based Centene Corp. will review the assets of the recently acquired Magellan Health Inc. as part of a wider effort to unlock additional shareholder value. Speaking on the company’s annual earnings call on Tuesday, Centene executives reviewed their so-called “value creation plan” — previously announced at the company’s investor day in December — which […]

Magellan CMO Caroline Carney Named President of Behavioral Health Division

Dr. Caroline Carney, chief medical officer for Magellan Health Inc., now also holds the additional role of president of behavioral health for Magellan Healthcare. Magellan Health announced Friday that Carney will help the company advance its clinical mission, further establishing it as a leader in behavioral health through collaborative and integrated approaches across the health […]

Magellan Health to Help Centene Drive Integration of Behavioral and Physical Health Says Exec

Centene Corp. expects to drive greater integration of behavioral health and physical health now that it has Magellan Health under its control. Sarah London — board vice chair and president of health care enterprises for the St. Louis-based company — said in prepared remarks at a session of the 2022 J.P. Morgan Healthcare Conference that […]

Centene Names New Chief Transformation Officer, Set to Lead Behavioral Health Strategy Following Magellan Merger

St. Louis-based Centene Corp. (NYSE: CNC) has named former Magellan Health executive Jim Murray as its Chief Transformation Officer, the company announced Thursday. In the new role, Murray will lead the company’s Value Creation Office and the Centene Advanced Behavioral Health division and will report to Centene Board Vice-Chair Sarah London. Murray joins Centene following […]

Centene Becomes Major Behavioral Health Player, Finalizes $2.2 Billion Purchase of Magellan Health

A year ago today, Centene Corporation (NYSE: CNC) announced its intentions to expand its behavioral health offerings with the purchase of Magellan Health. Exactly one year later, the deal is now official. In one of the health care industry’s first significant closings in the new year, managed care organization (MCO) Centene completed its $2.2 billion […]

2021’s Largest Mergers and Acquisitions

Here are some of the biggest mergers and acquisitions in the behavioral health industry over the last year. Ginger and Headspace Finalize Merger, Creating $3B Behavioral Health Platform The newly-combined Headspace Health brings together Ginger’s therapy, counseling, and coaching services with Headspace’s mindfulness and meditation offerings. The company will serve more than 100 million customers […]

Magellan and DUOS Launch Program to Support Behavioral Health of Older Adults

Magellan Healthcare has rolled out a program to help provide behavioral wellness resources to older adults dealing with a number of social determinants of health. Magellan Healthcare is administering the program with DUOS, a virtual platform that provides users with care coordination resources like transportation and medical appointments, as well as locating licensed in-home providers […]

Cerebral Raises $300M as Valuation Hits $4.8B, Eyes Expansion and M&A

Online mental health company Cerebral announced on Wednesday that it has raised $300 million in Series C investments, bringing the total amount raised by the company to $462 million. Funding for Cerebral’s round was led by SoftBank Vision Fund 2, which is a venture capital fund of SoftBank Group. The round also drew participation from […]