First Look: Magellan Health to Acquire Senior Whole Health

Magellan Health, Inc. announced Monday that it has entered into a definitive agreement to acquire Senior Whole Health (SWH), a healthcare company focused on serving complex, high-risk populations, providing both Medicare and Medicaid dual-eligible benefits to more than 22,000 members in Massachusetts and New York.

We’re told that the acquisition will provide Magellan with an opportunity to expand into the Massachusetts Senior Care Options (SCO) program, as well as further presence in New York City’s managed long-term care (MLTC) market.

Per the touted plans, Magellan Health plans to leverage SWH’s sound, culturally competent clinical model and expertise as it seeks continued expansion in managed long-term services and supports (MLTSS). As of August 1, Magellan will operate specialized managed care plans focused on complex populations in three states, including Florida, New York and Virginia.

“Senior Whole Health is a well-regarded, quality health plan that has served government-sponsored programs since 2004,” said Barry M. Smith, chairman and chief executive officer of Magellan Health. “This acquisition will enhance Magellan’s geographic reach, membership and expertise in the MLTC market, leveraging Senior Whole Health’s intimate knowledge of both the Massachusetts and New York markets. Our companies are a great fit culturally, with an individualized approach to member care and service, as well as an eye toward new and innovative ways of helping our members live healthy, vibrant lives.”

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