On the Record · Magellan Health
Magellan Health acquisitions, on the record
The businesses Magellan Health bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
AlphaCare Holdings, Inc.Word for word“The acquisitions of AlphaCare Holdings, Inc. (“AlphaCare Holdings”) in 2013, The Management Group, LLC (“TMG”) in 2016 and SWH Holdings, Inc. (“SWH”) in 2017 expanded the Company’s MCC reporting unit.” 10-K for 2018 | acquisition | 2013 | — |
The Management Group, LLC (TMG)Word for word“During 2016, the Company used net cash of $16.0 million, $110.9 million and $72.8 million for the acquisitions of TMG, AFSC and Veridicus, respectively, partially offset by a working capital adjustment of $0.5 million related to the acquisition of 4D Pharmacy Management Systems, Inc.” 10-K for 2018 | acquisition | 2016 | $16.0 million |
Armed Forces Services Corporation (AFSC)Word for word“During 2016, the Company used net cash of $16.0 million, $110.9 million and $72.8 million for the acquisitions of TMG, AFSC and Veridicus, respectively, partially offset by a working capital adjustment of $0.5 million related to the acquisition of 4D Pharmacy Management Systems, Inc.” 10-K for 2018 | acquisition | 2016 | $110.9 million |
Senior Whole Health (SWH Holdings, Inc.)Word for word“The acquisitions of AlphaCare Holdings, Inc. (“AlphaCare Holdings”) in 2013, The Management Group, LLC (“TMG”) in 2016 and SWH Holdings, Inc. (“SWH”) in 2017 expanded the Company’s MCC reporting unit.” 10-K for 2018 | acquisition | 2017 | — |
Partners Rx Management, LLC (Partners Rx)Word for word“The acquisitions of Partners Rx Management, LLC (“Partners Rx”) in 2013, 4D Pharmacy Management Systems, Inc. (“4D”) in 2015 and Veridicus Holdings, LLC (“Veridicus”) in 2016 expanded the Company’s presence in the PBM market.” 10-K for 2018 | acquisition | 2013 | — |
4D Pharmacy Management Systems, Inc. (4D)Word for word“The acquisitions of Partners Rx Management, LLC (“Partners Rx”) in 2013, 4D Pharmacy Management Systems, Inc. (“4D”) in 2015 and Veridicus Holdings, LLC (“Veridicus”) in 2016 expanded the Company’s presence in the PBM market.” 10-K for 2018 | acquisition | 2015 | — |
Veridicus Holdings, LLC (Veridicus)Word for word“During 2016, the Company used net cash of $16.0 million, $110.9 million and $72.8 million for the acquisitions of TMG, AFSC and Veridicus, respectively, partially offset by a working capital adjustment of $0.5 million related to the acquisition of 4D Pharmacy Management Systems, Inc.” 10-K for 2018 | acquisition | 2016 | $72.8 million |
CDMI, LLC (CDMI)Word for word“The Company expanded its formulary management programs with the acquisition of CDMI, LLC (“CDMI”) in 2014.” 10-K for 2018 | acquisition | 2014 | — |
SWH Holdings, Inc.Word for word“As consideration for the SWH Acquisition, the Company paid $ 400.4 million, including a net payment of $ 0.4 million for working capital adjustments and a payment of $ 10.0 million based on SWH’s Medicare plan in Massachusetts receiving a Centers for Medicare & Medicaid Services 2018 Star Rating of at least 4.” 10-K for 2019 | acquisition | — | $ 400.4 million |
Aurelia Health, LLC and its subsidiary Michael B. Bayless, LLC (collectively "Bayless")Word for word“The base purchase price for the Bayless Acquisition per the Bayless Agreement was $ 78.4 million, subject to working capital adjustments.” 10-K for 2020 | acquisition | — | $ 78.4 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses |
|---|---|---|
| 2016-12-31 | $199.2 million | — |
| 2017-12-31 | $232.4 million | — |
| 2018-12-31 | $958,000 | — |
| 2019-12-31 | $727,000 | — |
| 2020-12-31 | $100.6 million | $1.01 billion |
Deal filings since 2016
- 2022-01-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-01-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-01-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-04-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-10-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-09-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-07-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-06-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Magellan Health’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.