Email this article to a Colleague Similar articles in this journal Alert me to new issues of the journal Download to citation manager Citing Articles via Google Scholar Search for Related Content

Magellan Sells CHC

Magellan Health Services announced on December 7 that it has found a buyer for CHC, its Canadian subsidiary. The unit will be purchased by the Canadian company FGI.

The money from the sale will go to reduce Magellan’s debt. In October the managed care firm, which is based in Columbia, Md., announced that it was divesting its psychiatric practice-management business to reduce debt and allow it to focus on its core business of managing mental and behavioral health care services.

Magellan said in a press release that its intent in selling the Canadian unit "is to concentrate exclusively on U.S.-based operations. . .and be better able to enhance service to our customers and members while improving the overall financial health of the company."

Email this article to a Colleague Similar articles in this journal Alert me to new issues of the journal Download to citation manager Citing Articles via Google Scholar Search for Related Content

Get information about faster international access.

Privacy Policy

Copyright © 2001 American Psychiatric Association. All rights reserved.

Home | Search | Current Issue | Past Issues | Subscribe | All APPI Journals | Help | Contact Us