SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Magellan Health, Inc. (NASDAQ:MGLN) today announced that it has been selected as one of Fortune Magazine’s World’s Most Admired Companies. The list is a ranking of the world’s most respected and reputable companies, as ranked by peers in its respective industry. Fortune Magazine announced the selection of Magellan Health, and other companies, here.
“I am honored that peers across our industry have recognized Magellan Health as a respected and reputable company – something we strive toward daily,” said Barry M. Smith, chairman and chief executive officer of Magellan Health. “This honor is a testament to our approximately 9,700 dedicated associates who serve our members and customers with passion, and come to work each day focused on leading humanity to healthy, vibrant lives.”
Fortune collaborated with Korn Ferry Hay Group on a survey of corporate reputations, beginning with a universe of approximately 1,500 candidates: the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in Fortune’s Global 500 database that have revenues of $10 billion or more. The list was winnowed to the highest revenue companies in each industry, a total of 680 in 28 countries. To determine the best regarded companies in 51 industries, Korn Ferry Hay Group asked executives, directors and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company’s score must rank in the top half of its industry survey to be listed.
About Magellan Health: Magellan Health, Inc. is a leader in managing the fastest growing, most complex areas of health, including special populations, complete pharmacy benefits and other specialty areas of healthcare. Magellan supports innovative ways of accessing better health through technology, while remaining focused on the critical personal relationships that are necessary to achieve a healthy, vibrant life. Magellan's customers include health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators. For more information, visit MagellanHealth.com.