Magellan Health Expands LTSS Presence With $400 Million Purchase Of Senior Whole Health

Magellan Health, Inc. is planning to expand its presence in the long-term services and supports (LTSS) market in a $400 million agreement to acquire Senior Whole Health (SWH), a health care company focused on serving complex, high-risk populations. The agreement was announced on July 13, 2017. Magellan anticipates that acquiring SWH will advance Magellan's LTSS capabilities. The acquisition is expected to close by the end of the first quarter of 2018.

Privately held SWH has been providing LTSS since 2004. It currently provides both Medicare and Medicaid dual-eligible benefits to more than 22,000 members in . . .