Magellan Health (MGLN) Says $144.5M/Yr. Contract Won't be Renewed

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Magellan Health (MGLN) Revenue Growth Will Offset Loss of Contract

December 31, 2012 1:13 PM EST

This morning Magellan Health Services, Inc. (Nasdaq: MGLN) announced a large customer signed a contract with another behavioral health manager and would not renew a contract set to expire on December 31st. The contract produced $144.5 million in revenue over the first 9-month of the year.... More