Magellan Health to acquire The Management Group.

Magellan Health to acquire The Management Group, a company with 30 years of expertise in community-based long-term services and supports. Financial terms were not disclosed. Magellan Health plans to leverage the capabilities gained through this acquisition as it seeks to expand its footprint in managed long-term services and supports. “These capabilities will broaden Magellan’s scope and expertise in long-term services and supports, and provide Magellan with experienced leaders and a focus on self-directed care. We look forward to working with TMG’s leadership team as we seek to expand our long-term care capabilities across the country.” Barry M. Smith Magellan Health chairman and chief executive officer.