[April 24, 2014]

Magellan Health Services to Hold Investor Day in New York City

Magellan (News - Alert) Health Services Inc. (NASDAQ: MGLN) today announced that it will host an Investor Day in New York City from 8:30 a.m. until approximately 2:30 p.m. Eastern time on Tuesday, June 17, 2014. The meeting will feature presentations by Magellan's executive management team highlighting the company's business strategy to deliver long-term growth and enhance shareholder value, including specifics related to its various businesses.

Attendance at the event is by invitation only. Individuals who wish to access a live audio webcast of the event, as well as presentation materials, may do so at the investor relations page on MagellanHealth.com. Individuals who plan to access the webcast should log on to the website approximately 15 minutes before the scheduled start time, to register and download and install any necessary software. Approximately one hour following the conclusion of the live webcast, a replay of the audio webcast and presentation materials will be available on the company's website for 30 days.

Those who plan to access the webcast or recording ar encouraged to read Magellan's Annual Report on Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission on March 3, 2014, and subsequent Quarterly Reports on Form 10-Q filed with the SEC (News - Alert) during 2014, for material information regarding Magellan's operational and financial results, including the section titled "Risk Factors."

About Magellan Health Services: Headquartered in Avon, Conn., Magellan Health Services Inc. is a healthcare management company that focuses on fast-growing, complex and high-cost areas of healthcare, with an emphasis on special population management. Magellan delivers innovative solutions to improve quality outcomes and optimize the cost of care for those we serve. Magellan's customers include health plans, managed care organizations, insurance companies, employers, labor unions, various military and government agencies, third party administrators, and brokers. For more information, visit MagellanHealth.com.

Cautionary Statement

Certain of the statements to be made at the investor day and webcast may constitute forward-looking statements contemplated under the Securities Exchange Act of 1934 and the Securities Act of 1933, as amended, which involve a number of risks and uncertainties. Any such forward-looking statements are based on management's analysis, judgment, belief and expectations as of the date of such statements and are subject to known and unknown uncertainties and risks which could cause actual results to differ materially from those contemplated or implied by such forward-looking statements. Any such forward-looking statements are qualified in their entirety by the more complete discussion of risks set forth in the section entitled "Risk Factors" in Magellan's most recent Annual Report on Form 10-K and in subsequent Quarterly Reports on Form 10-Q, filed with the Securities and Exchange Commission. Magellan undertakes no obligation to publicly revise such forward-looking statements to reflect events or circumstances that arise after the date of such statements.

[ Back To TMCnet.com's Homepage ]