When the health plan Centene began 2021 by announcing its acquisition of Magellan Health, the behavioral healthcare industry seemed largely indifferent. Few seemed moved by assurances from Magellan’s CEO that the new company is committed to “reimagining behavioral health.” Emotions may have been spent from the similar acquisition of Beacon Health by Anthem in 2020.
Reactions may be subdued because few expect behavioral healthcare to be changed much by these acquisitions. This type of consolidation has been anticipated for many years. Some may view these mergers as more hopeful signs of the integration of behavioral and physical healthcare. Yet it may well reflect the integration of business interests more than the advancement of any clinical model. Read More: Behavioral Healthcare Executive