Behavioral Health Business September 15, 2023
Magellan Health, a health plan focused on special populations, has been on the cutting edge of value-based care contracting in the mental health space.
The organization has inked several high-profile value-based care contracts through its managed care subsidiary, Magellan Healthcare. These include a deal with autism providers Kyro Autism and Invo Healthcare.
“We’re believers in value-based care,” Dr. Caroline Carney, president of behavioral health and chief medical officer of Magellan Health, told Behavioral Health Business. “Early in the process, we started using value-based care in behavioral health to work with facilities and large provider groups around … evidence-based metrics.”
Magellan Health was acquired by large insurer Centene Corporation (NYSE: CNC) in 2022 for $2.2 billion. Its subsidiary, Magellan Healthcare, serves...
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