Monsanto Selects Magellan Behavioral Health to Manage Mental Health & Substance Abuse Services
Magellan has been providing employee assistance program (EAP) services to Monsanto employees since 1978, and has recently been awarded a contract to manage mental health and substance abuse services as well.
Under the three-year contract, which takes effect on January 1, 2000, Magellan will provide network management, care management and administrative services for approximately 42,000 people including Monsanto employees, retirees and their family members across the United States. The contract will be administered through Magellan's service center in St. Louis.
Headquartered in St. Louis, Monsanto is a life sciences company that makes and markets high-value agricultural products, pharmaceuticals and food ingredients in a manner that achieves environmental sustainability.
"As one of our longest standing EAP clients, Monsanto understands the importance of giving its employees access to a wide array of services they need to stay healthy," said Gregory Bayer, Ph.D., president of Magellan Behavioral Health's Workplace Solutions Group.
"Employers like Monsanto are recognizing that when their EAP is integrated with mental health and substance abuse services, their workforce is better able to access care and maintain continuity of care across benefit programs while simplifying program administration for the company."
Magellan Behavioral Health is the country's leader in behavioral health, employee assistance programs and human services, serving individuals across the United States and Canada.
The company specializes in managed mental health and substance abuse services as well as employee assistance/work-life programs, and serves over 3,000 client organizations from health plans, government agencies, unions, and corporations, including more than 20 percent of all Fortune 500 companies.
Its parent organization, Magellan Health Services (NYSE:MGL) is a Fortune 1000 company and the country's leading specialty managed care organization.
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CONTACT: Magellan Health Services | Media Contacts: | Erin Somers, 410/953-2405 or | Christine Verdon, 410/953-2423 | or | Investor Hotline: | 877/645-6464