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January 22, 2013
12:05 EDTMGLNMagellan medication-assisted treatment shows drop in drug abuse readmissions
Magellan Health Services announced the results of an innovative substance abuse treatment program launched in 2010 called Magellan Integrated Substance Use Solutions. An analysis of a year's worth of data from the medication-assisted treatment portion of that program shows significant reductions in readmissions from participants. Those participating in MAT had 21% fewer readmissions to a facility at seven days after discharge than those who were not discharged on medications, 20% fewer readmissions after 30 days, and 19% fewer readmissions after 60 days. The same 2011 report indicated that Magellan members with substance abuse diagnoses who participate in a more intensely monitored group due to the severity of their need, had 54% fewer readmissions at seven days after discharge than those who were not discharged on medications, 42% fewer after 30 days, and 14% fewer after 60 days.
News For MGLN From The Last 14 Days
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July 28, 2014
08:17 EDTMGLNMCO sell-off provides buying opportunity, says Leerink
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July 25, 2014
06:44 EDTMGLNMagellan Health sees FY14 adjusted EPS $2.67-$3.32, consensus $2.40
Sees FY14 segment profit $238M-$258M; Sees FY14 cash flow from operations $204M-$226M
06:43 EDTMGLNMagellan Health reports Q2 adjusted EPS 39c, consensus 57c
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