Core Points - Magellan Health, Inc. has appointed Dr. Caroline Carney as the new Chief Executive Officer, succeeding Derrick Duke [1][2] - Dr. Carney has been with Magellan since 2016, serving in various clinical leadership roles, including Chief Medical Officer and President of the Behavioral Health Business [2][3] - As CEO, Dr. Carney will oversee the strategic direction and operational execution of the company's business strategy [2] Company Background - Magellan Health focuses on delivering innovative and integrated behavioral health solutions, emphasizing a person-centered approach and a clinical-first philosophy [3] - The company serves a diverse customer base, including health plans, managed care organizations, employers, labor unions, military and governmental agencies, and third-party administrators [5]

RED BANK, N.J., April 17, 2025 /PRNewswire/ -- PAX Health, a leading behavioral healthcare company backed by HCAP Partners and funds managed by Hamilton Lane (Nasdaq:HLNE), today announced its acquisition of Richardson Psychiatric Associates, a comprehensive outpatient psychiatric practice serving adults, adolescents, children, and families.This strategic acquisition enhances PAX Health's portfolio of mental health services and expands its geographic footprint in Western Pennsylvania, strengthening the comp ...