Recent events
Recent events tied to this brand in public sources.
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2022
Magellan Health sued over alleged unpaid work time
Magellan Health was sued in Arizona federal court in a putative class action alleging violations of the Fair Labor Standards Act. The plaintiff alleges that required equipment startup and shutdown work was uncompensated, amounting to an extra half hour of work per day.
2022
Centene completes acquisition of Magellan Health
Centene announced that it had completed its acquisition of Magellan Health. Magellan Health will operate independently under Centene's Health Care Enterprises umbrella.
2021
Hart-Scott-Rodino waiting period expires for Centene's proposed Magellan acquisition
The Hart-Scott-Rodino waiting period for Centene's proposed acquisition of Magellan Health expired at 11:59 p.m. on March 12, 2021. The proposed acquisition remained subject to required state regulatory approvals, Magellan Health stockholder approval, and other customary closing conditions.
2021
NeuroFlow closes initial $20 million Series B financing
NeuroFlow announced the initial closing of a $20 million Series B financing round led by Magellan Health and including previous investors. NeuroFlow said it would use the proceeds to scale operations and support growth in data analytics, artificial intelligence, and direct health record integrations.
2020
Magellan Health discloses ransomware attack and possible exposure of customer information
Magellan Health said a ransomware attack discovered on April 11 may have affected some customers’ personal information, including health-related and contact information and, for some people, Social Security numbers. The company said it had no evidence that personal data had been misused.