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Magellan Health Services Releases 2010 Annual Report

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^{Published in Health and Fitness on Wednesday, April 13th 2011 at 7:10 GMT by Market Wire}  

AVON, Conn.--([ BUSINESS WIRE ])--Magellan Health Services, Inc., (NASDAQ: MGLN) has released its [ 2010 Annual Report ], aIta™s Who We Are.a The report shares the companya™s successes through the eyes of the employees who make them happen every day. Magellana™s 5,000 employees nationwide comprise a talented organization of individuals tackling health carea™s most difficult challenges, producing innovative solutions that help consumers and providers, as well as employers, public sector and commercial health plans.

"We represent many things to the people entrusted to our care a" clinical excellence, operational efficiency, product innovator, trusted partner, a community of caring, and technology expert a" but ita™s our employees who bring it all together. They are Magellan"

aWe represent many things to the people entrusted to our care a" clinical excellence, operational efficiency, product innovator, trusted partner, a community of caring, and technology expert a" but ita™s our employees who bring it all together. They are Magellan,a said chairman and CEO Ren© Lerer, M.D., in the companya™s Annual Report.

The report highlights:

• Magellana™s nationally recognized suicide prevention program and a suicide attempt survivor who has now joined forces with Magellan to help others
• An innovative approach to managing medical pharmacy benefits that helps payors better administer their medical drug costs, and assists payors, providers and consumers in effectively managing complex, costly chronic health conditions while driving improved health care outcomes
• Information technology applications that help consumers measure their radiation exposure during imaging procedures; children overcome fears of getting an X-ray, CT scan or MRI; and providers manage their claims and authorization requests more efficiently
• Operational enhancements that enable more rapid responses during clinical reviews to enhance communication with providers and so consumers can receive expedited access to the care they need
• Magellana™s partnership with a local family services center to provide expanded crisis stabilization services around-the-clock, every day of the year
• The work that employees at one Magellan office have done over the past decade to support children with life-limiting illnesses and their families, as an illustration of the companya™s longstanding commitment to give back to the community

Magellana™s Annual Report also includes the companya™s Form 10-K detailing financial information and results from 2010. The report can be accessed at [ http://ir.magellanhealth.com/financials.cfm ].

About Magellan: Headquartered in Avon, Conn., Magellan Health Services, Inc., is a leading specialty health care management organization with expertise in managing behavioral health, radiology and specialty pharmaceuticals, as well as public sector pharmacy benefits programs. Magellan delivers innovative solutions to improve quality outcomes and optimize the cost of care for those we serve. Magellana™s customers include health plans, employers and government agencies, serving approximately 31.4 million members in our behavioral health business, 18.1 million members in our radiology benefits management segment, and 4.9 million members in our medical pharmacy management product. In addition, the specialty pharmaceutical segment serves 43 health plans and several pharmaceutical manufacturers and state Medicaid programs. The companya™s Medicaid Administration segment serves 25 states and the District of Columbia. For more information, visit [ www.MagellanHealth.com ].