Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Last week, Magellan Health Services (MGLN - Snapshot Report) announced that its unit Magellan Pharmacy Solutions has launched a new clinical quality management program. The program is named Whole Health Rx and is designed to supervise the drug delivery systems associated with behavioral health and pharmacy benefits.

Whole Health Rx is specifically designed to check faulty prescribing practices and thus improve the results of medications. It actively uses Magellan’s clinical algorithms towards this. Whole Health Rx also subscribes to the Magellan top practice guidelines and liaises with eminent healthcare providers. It aims to identify even those fallacies that are not available in records.

Alongside it also delivers feedback and necessary information to the healthcare providers so that they can fortify their patient management practices.  The targeted patients under the Magellan Health Services program are children, elderly people and those who have suffered on account of erroneous treatments.

Whole Health Rx identifies whether a patient is suffering from inappropriate medication, whether multiple prescribers and duplicate therapy has compelled the patient to use excess medications, inappropriate use of medications and failure of patients to fill their prescriptions in time.

The new program addresses patients under behavioral health medications and those who also suffer from chronic ailments like heart disease, diabetes, asthma etc. Whole Health Rx works towards identifying these patients through medical diagnosis, behavioral and pharmacy claims, and lab data.

Thereafter, Magellan, in consortium with behavioral health providers, primary care physicians and nurse practitioners takes up the issue to resolution. MGLN works to enhance safety of patients and deliver cost effective healthcare solutions. The program is implemented through face-to-face, virtual consultations or over the telephone, email, fax or mail.

The present delivery system is seen to have led to deteriorating the quality of drug management where patients with behavioral health conditions and co-morbid medical conditions end up with poor medication and increased costs. To improve this situation Whole Health Rx aims to bring about coordination among all prescribers with system integration.

Previously in Jan 2013, Magellan’s Florida facility partnered with Palmer Munroe Teen Center and Children’s Home Society of Florida and launched a program called My Life. The program addresses youth who face mental health, substance abuse and foster care challenges. The Magellan My Life program helps them attain self confidence and inspires this population goup to have a voice in the community.  

Another healthcare company Humana Inc. (HUM - Analyst Report) launched new initiatives in Jan 2013 to help people across the nation to adopt a healthy lifestyle. The programs were named Humana Walkit Challenge and Humana Walkit Pro. Again United HealthGroup Inc. (UNH - Analyst Report) opened a new store at New York’s Chinatown. The new location provides health education, customer service and other facilities to consumers who are protected by employer-sponsored Medicare, Medicaid and individual coverage.    

Magellan carries a Zacks Rank #3 (Hold). Another industry major Coventry Healthcare Inc. carries a favorable Zacks Rank #2 (Buy) and is worth noting.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%