Health & Fitness
Health and Fitness
Health and Fitness
Thu, October 20, 2011
Wed, October 19, 2011
Magellan Health Services to Release 2012 Financial Guidance on December 13, 2011
AVON, Conn.--([ BUSINESS WIRE ])--Magellan Health Services, Inc. (NASDAQ: MGLN) today announced that it will release financial guidance for 2012 on Tuesday, December 13, 2011. Chairman and Chief Executive Officer Ren© Lerer, M.D., President Karen S. Rohan, and Chief Financial Officer Jonathan Rubin will host a conference call to discuss 2012 guidance at 10:00 a.m. Eastern the same day.
The press release detailing the Companya™s guidance will be issued at approximately 6:30 a.m. Eastern on Tuesday, December 13, 2011 and will be immediately available on the investor relations page at [ www.MagellanHealth.com ].
To participate in the conference call, interested parties should call 1-888-566-8408and reference the passcode 2012Financial Guidance Call approximately 15 minutes before the start of the call. The conference call also will be available via a live webcast at Magellan's investor relations page at [ www.MagellanHealth.com ].
A taped replay of the conference call will be available for one week following the call. The call-in numbers for the replay are 1-866-442-2104 and 1-203-369-1082 (from outside the U.S.).
Those who plan to access the call or Webcast are encouraged to read Magellan's Annual Report on Form 10-K for the year ended December 31, 2010, filed with the Securities and Exchange Commission on February 25, 2011, and subsequent Quarterly Reports on Form 10-Q, for material information regarding Magellan's operational and financial results, including the section entitled aRisk Factors.a
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 31.3 million members in our behavioral health business, 18.9 million members in our radiology benefits management segment, and five million members in our medical pharmacy management product. In addition, the specialty pharmaceutical segment serves 41 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 ].
Cautionary Statement: Certain of the statements to be made in the Companya™s earnings announcement and conference call may constitute forward-looking statements contemplated under the Securities Exchange Act of 1934 and the Securities Act of 1933, as amended, which involve a number of risks and uncertainties. Any such forward-looking statements are based on managementa™s analysis, judgment, belief and expectations as of the date of such statements and are subject to known and unknown uncertainties and risks which could cause actual results to differ materially from those contemplated or implied by such forward-looking statements. Any such forward-looking statements are qualified in their entirety by the more complete discussion of risks set forth in the section entitled aRisk Factorsa in Magellana™s most recent Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 25, 2011, and subsequent Quarterly Reports on Form 10-Q. Magellan undertakes no obligation to publicly revise such forward-looking statements to reflect events or circumstances that arise after the date of such statements.
