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

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

December 31, 2012 7:59 AM EST

Magellan Health Services, Inc. (Nasdaq: MGLN) currently provides behavioral health management services to a commercial health plan customer pursuant to a contract with a term ending December 31, 2013.

The Companys revenue pursuant to such contract for the nine months ended September 30, 2012 was approximately $144.5... More