Magellan Health Announces Sale Agreement With Madison Health Group
Magellan Health announced that Madison Health Group (MHG), a team led by operators, behavioral health experts, and investors committed to advancing health care, has entered into an agreement with Centene Corporation to purchase Magellan. Financial terms of the transaction were not disclosed.
Centene previously informed investors in its year-end financial results that, in December 2025, it signed a definitive agreement to divest its remaining Magellan Health businesses. In that February 6, 2026 announcement, Centene did not name the purchaser or provide transaction details.
In an announcement posted on LinkedIn on February 13, 2026, Magellan shared news of the transaction . . .
