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Press release from Business Wire

Magellan Health Services Announces Fourth Quarter 2013 Earnings Conference Call

Wednesday, January 15, 2014

Magellan Health Services Announces Fourth Quarter 2013 Earnings Conference Call

16:36 EST Wednesday, January 15, 2014

AVON, Conn. (Business Wire) -- Magellan Health Services Inc. (NASDAQ: MGLN) today announced that it will release fourth quarter earnings results on Monday, March 3, 2014. Management will discuss the company's financial results, as well as its business strategy and outlook, in a conference call to be held the same day from 10:00 a.m. to 11:00 a.m. Eastern time.

The press release detailing the company's fourth quarter 2013 earnings results will be issued at approximately 6:30 a.m. Eastern, and will be immediately available on Magellan's investor relations page on www.MagellanHealth.com.

To participate in the conference call, interested parties should call 1-800-857-1812 and reference the pass code Fourth Quarter 2013 Earnings Call approximately 15 minutes before the start of the call. The conference call also will be available live via webcast at Magellan's investor relations page on www.MagellanHealth.com.

A taped replay of the conference call will be available for one week following the call. Interested parties should call 1-866-517-3735 or 1-203-369-2046 (from outside the U.S.) to listen.

Those who plan to access the webcasts or recordings are encouraged to read Magellan's Annual Report on Form 10-K for the year ended December 31, 2012, filed with the Securities and Exchange Commission (SEC) on February 28, 2013, and subsequent Quarterly Reports on Form 10-Q, filed with the SEC during 2013, 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 leading specialty health care management organization with expertise in managing behavioral health, radiology, and pharmacy benefits programs, as well as integrated health care programs for special populations. Magellan delivers innovative solutions to improve quality outcomes and optimize the cost of care for those we serve. As of September 30, 2013, Magellan's customers include health plans, employers and government agencies, serving approximately 33.9 million members in our behavioral health business, 17.5 million members in our radiology benefits management segment, and approximately 9.2 million members in our medical pharmacy management product. In addition, the pharmacy solutions segment served 39 health plans and employers, 25 states and the District of Columbia, and several pharmaceutical manufacturers. For more information, visit www.MagellanHealth.com.

Cautionary Statement

Certain of the statements to be made in the Company's conference call 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.

Magellan Health Services Inc.
Media Contact:
Colleen Flanagan Johnson, 860-507-1923
cefjohnson@magellanhealth.com
or
Investor Contact:
Renie Shapiro,877-645-6464
rshapiro@magellanhealth.com

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