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Magellan Health Appoints Dr. Caroline Carney as Chief Executive Officer

1. Caroline Carney appointed CEO of Magellan Health. 2. Carney previously served as Chief Medical Officer since 2020. 3. She focuses on innovative, patient-centered behavioral health solutions. 4. Carney's experience includes roles in Medicaid policy and community health. 5. Magellan Health emphasizes technology and personal relationships in healthcare.

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FAQ

Why Bullish?

Leadership changes often rejuvenate company vision and strategy. Dr. Carney's extensive healthcare background could enhance operational performance and market presence.

How important is it?

The appointment of a new CEO can significantly reshape a company’s trajectory and influence investor sentiment, especially when the new leader has a strong background.

Why Long Term?

New leadership typically requires time to implement changes and see results. Carney's strategic approach could positively affect growth over a few quarters.

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, /PRNewswire/ -- Magellan Health, Inc., a leader in behavioral health and related services, announced today that Caroline Carney, MD, MSc, FAPM, CPHQ, assumes the role of Chief Executive Officer of Magellan Health. Dr. Carney succeeds former CEO Derrick Duke.  Caroline Carney, MD, MSc, FAPM, CPHQ, chief executive officer of Magellan Health. Dr. Carney joined Magellan Health in 2016, holding various clinical leadership roles. She became chief medical officer of Magellan Health in 2020 and president of the company's behavioral health business in 2022. As CEO, Dr. Carney will be responsible for Magellan's strategic direction and operational execution of the Company's business strategy. "I am honored to have been chosen for this role leading a mission-driven organization that delivers innovative and integrated behavioral health solutions for the healthcare marketplace," said Dr. Carney. "I look forward to working with the talented Magellan teams and engaging with our stakeholders as we continue our focus on a person-centered approach fueled by our clinical-first philosophy." Dr. Carney, a board-certified internist and a board-certified psychiatrist, has held key clinical leadership positions serving complex populations over the span of her career. Prior to joining Magellan Health, she served as the medical director for the Indiana Office of Medicaid Policy and Planning, helping to launch the Medicaid expansion product as well as the behavioral health transformation for the state's community mental health services. Dr. Carney is a published author and co-author for over 100 peer and non-peer reviewed publications surrounding comorbid medical and behavioral health conditions.She earned her medical degree and a master's degree from the University of Iowa, where she also directed the Med-Psych residency program. She continues to provide clinical support to a behavioral health team at a federally qualified health center.About Magellan Health: Magellan Health, Inc. 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.SOURCE Magellan Health, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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