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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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April 15, 2014
16:31 EDTMGLNMagellan Health and customer agree to amend contract
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April 14, 2014
15:01 EDTMGLNMagellan Health extends contract with 'significant' customer
Magellan Health disclosed in a regulatory filing that as disclosed in the Magellan Health Services, Form 10-K, filed on March 3, the Company has a contract with one of the significant customers in its Specialty Solutions segment with a term ending Janaury 31, 2015 which generated revenue of $47.3M for the year ended December 31. On April 9, the company and this customer agreed to extend this contract through January 31, 2016
April 8, 2014
09:23 EDTMGLNLeerink views final rates as favorable for MA plans
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