Patient engagement is a clinical necessity in behavioral healthcare. Mental health treatment requires long-term commitment, consistent communication and deep trust between providers and patients.
The insurer will pay $95 per share in cash to acquire Magellan Health, a company providing an array of services, including pharmacy benefit management and behavioral health and employee assistance program services. The companies aim to develop a behavioral health platform.
By reducing administrative burden and redesigning workflows around human needs, it creates space for what matters most: connection between clinicians and patients.