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June 26, 2014
16:06 EDTCVH, MGLNMagellan Health names Stewart Lavelle as Chief Sales and Marketing Officer
Magellan Health (MGLN) announced that it has named Stewart Lavelle as Chief Sales and Marketing Officer. Based in Scottsdale, Ariz., he will begin on July 14. Lavelle joins Magellan from Coventry Health Care (CVH), where he served for 15 years in senior management roles, including most recently, as the senior vice president of sales and marketing.
News For MGLN;CVH From The Last 14 Days
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October 6, 2015
14:45 EDTMGLNMagellan Health risk/reward balanced at current levels, says Raymond James
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09:48 EDTMGLNMagellan Health Florida program can still be profitable, says Jefferies
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08:14 EDTMGLNMagellan Health Florida rate significantly lower than expected, says Leerink
Leerink analyst Ana Gupte calls the final rate released by the Florida Medicaid Agency as significantly lower than expected for Magellan Health (MGLN). Gupte sees 10c-20c in earnings per share downside for FY15 and 30c-60c downside in FY16. The rate disappointment is Magellan-specific as Centene (CNC) indicated that the rate increase for it is in line with its expectation, the analyst tells investors in a research note. The rate disappointment is also an additional 2016 headwind for Magellan after the Iowa contract, she adds. The analyst keeps a Market Perform rating on Magellan.
08:12 EDTMGLNMagellan Health sees 3% lower blended rates for unit due to AHCA rate change
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