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News & Media

Magellan Health Named to the Fortune 500 List

Our parent company, Magellan Health, has been named to the Fortune 500 list for the first time in the history of the company. Magellan Health employs over 10,000 people and had an annual revenue of $5.8 billion in 2017. Magellan is a consistent leader in the specialty drug management industry and continues to find new ways to support its customers, and AFSC/Magellan Federal is proud to be a part of this successful team.

Barry M. Smith, chairman and chief executive officer of Magellan Health, responded to the news saying “This recognition speaks to the dedication of our associates who serve our members and customers each day with a focus on leading humanity to healthy, vibrant lives, … We are unique in our model of care that’s both high-touch and high-tech, supported by an innovative and inclusive culture.”

Be sure to check out Magellan Health’s 2018 Fortune 500 profile. For more information about Magellan Health, visit magellanhealth.com.

Magellan Health, Inc. has entered into an agreement to acquire Armed Forces Services Corporation (AFSC)

“We are excited to join Magellan Health, a company whose culture is complementary to our own, With similarly aligned missions, we believe that working together as one company, and maximizing the expertise each brings to the table, we will be able to better support those who serve our country so admirably, and also provide additional services to our government partners.”

—Geoffrey Deutsch,
AFSC/Magellan Federal President & CEO

For Full Article:
Magellan Health Completes Acquisition of Armed Forces Services Corporation

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