Jun 13 2011
Magellan Health Services, Inc. (NASDAQ: MGLN) announced today that the State of Arizona has extended the Company's contract to manage behavioral health care for Medicaid recipients and other beneficiaries of the Maricopa County Regional Behavioral Health Authority through September 30, 2013. The original contract with Magellan began on September 1, 2007, and was scheduled to terminate on June 30, 2012.
"We are pleased that the State of Arizona has extended this contract and recognized our work to provide high quality, cost effective affordable behavioral health care to the residents of Maricopa County," said René Lerer, M.D., chairman and chief executive officer. "Since 2007, we have worked in partnership with the state and community to transform the system of behavioral health care in Maricopa to provide resiliency, recovery and individual choice to local residents. The result is a model program that demonstrates the importance of community-based programs and the impact that they can have with high-need areas of behavioral health care. All of us at Magellan have a strong commitment to bringing clinical excellence and innovation to Maricopa because we know that a strong behavioral health system makes Arizona stronger."
"Our innovations on behalf of the residents of Maricopa are making a meaningful difference in people's lives," said Richard T. Clarke, Ph.D., chief executive officer of Magellan Health Services of Arizona. "Our innovations have included a health and wellness initiative that treats the whole person through the integration of both physical and behavioral health treatment, a nationally-recognized suicide prevention program, a community-based program to reach out to underserved segments of the Latino community, and an innovative initiative for transition-age youth to move into adult services. We have been successful in creating a genuine and collaborative partnership with the state and our network of providers, and look forward to continuing our work as a trusted member of the community in serving local residents."
Source: Magellan Health Services, Inc.
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