Magellan Health Services Inc. announced Wednesday it is dropping the last word in its name to become Magellan Health Inc.
The company announced in February it was rebranding and announced names for various business lines, including Magellan Healthcare, Magellan Rx Management and NIA Magellan. In April, Magellan Health said it plans to move its headquarters from Avon to Scottsdale, Ariz.
Magellan Health Chairman and CEO Barry M. Smith said in a statement, “Our new brand visually illustrates our complete person-to-person perspective, and to emphasize that approach, we are changing our company’s name to Magellan Health. I’m excited about the work we’re doing here, and I believe this name change is an important step in our company’s movement forward.”