Compare · HCSG vs MGLN
HCSG vs MGLN
Side-by-side comparison of Healthcare Services Group Inc. (HCSG) and Magellan Health, Inc. (MGLN): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both HCSG and MGLN operate in Hospital/Nursing Management (Health Care), so they compete in similar markets.
- MGLN is the larger of the two at $2.49B, about 1.7x HCSG ($1.47B).
- HCSG has hit the wire 5 times in the past 4 weeks while MGLN has been quiet.
- HCSG has more recent analyst coverage (16 ratings vs 0 for MGLN).
- Company
- Healthcare Services Group Inc.
- Magellan Health, Inc.
- Price
- -
- -
- Market cap
- $1.47B
- $2.49B
- 1M return
- -1.65%
- -
- 1Y return
- +28.63%
- -
- Industry
- Hospital/Nursing Management
- Hospital/Nursing Management
- Exchange
- NASDAQ
- NASDAQ
- IPO
- 1983
- n/a
- News (4w)
- 5
- 0
- Recent ratings
- 16
- 0
Healthcare Services Group Inc.
Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary. The Housekeeping segment engages in the cleaning, disinfecting, and sanitizing of resident rooms and common areas of client's facility, as well as laundering and processing of the bed linens, uniforms, resident personal clothing, and other assorted linen items utilized at a client's facility. The Dietary segment provides food purchasing, meal preparation, and professional dietitian services, which include the development of menus that meet the dietary needs of residents. This segment also offers clinical consulting services to facilities. As of December 31, 2020, the company provided its services to approximately 3,000 facilities. Healthcare Services Group, Inc. was incorporated in 1976 and is based in Bensalem, Pennsylvania.
Magellan Health, Inc.
Magellan Health, Inc., together with its subsidiaries, provides healthcare management services in the United States. The company operates in Healthcare and Pharmacy Management segments. The Healthcare segment offers carve-out management services for behavioral health; employee assistance plans; and other areas of specialty healthcare, including diagnostic imaging, musculoskeletal management, cardiac, and physical medicine. It also contracts with state Medicaid agencies, and the centers for Medicare and Medicaid services to manage care for beneficiaries under Medicaid and Medicare programs, such as healthcare and long-term support services through its network of medical and behavioral health professionals, clinics, hospitals, nursing facilities, home care agencies, and ancillary service providers. The Pharmacy Management segment comprises products and solutions that provide clinical and financial management of pharmaceuticals paid under medical and pharmacy benefit programs. Further, it offers pharmacy benefit management services, such as pharmaceutical dispensing services; pharmacy benefit administration for state Medicaid and other government sponsored programs; clinical and formulary management programs; medical pharmacy management programs; and programs for the integrated management of specialty drugs that treat complex conditions. In addition, the company provides services to health plans and managed care organizations, employers, labor unions, third party administrators, state governments, military and governmental agencies, exchanges, brokers, and consultants. Magellan Health, Inc. was incorporated in 1969 and is headquartered in Phoenix, Arizona.
Latest HCSG
- SEC Form 8-K filed by Healthcare Services Group Inc.
- Healthcare Services Group Announces Acquisition of NEXDINE Hospitality
- Director Grant Laura K was granted 367 shares, increasing direct ownership by 2% to 18,681 units (SEC Form 4)
- Director Simmons Kurt Jr was granted 734 shares, increasing direct ownership by 2% to 31,504 units (SEC Form 4)
- Director Whalen Thomas Gerard was granted 123 shares, increasing direct ownership by 2% to 5,480 units (SEC Form 4)
- Oppenheimer initiated coverage on Healthcare Services Group with a new price target
- EVP & Chief Operating Officer Kush Andrew sold $362,498 worth of shares (15,598 units at $23.24), decreasing direct ownership by 41% to 22,741 units (SEC Form 4)
- SEC Form S-8 filed by Healthcare Services Group Inc.
- SEC Form 10-Q filed by Healthcare Services Group Inc.
- Healthcare Services Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
Latest MGLN
- The Journey Venture Studio Appoints First Four Board Members
- Concerned Shareholders Of Cano Health Nominate Highly Qualified, Independent Director Candidates And Propose Removal Of Dr. Marlow Hernandez From Board For Cause
- Concerned Shareholders of Cano Health Nominate Highly Qualified, Independent Director Candidates and Propose Removal of Dr. Marlow Hernandez from Board for Cause
- Magellan Health Opens 24-hour Crisis Line for Individuals Impacted by Hurricane Ian
- Magellan Healthcare Hosts Free Webinar and New Resources for October's National Depression and Mental Health Awareness and Screening Month
- Magellan Healthcare Hosts Free Webinars During Suicide Prevention Awareness Month and Recovery Month in September
- Magellan Healthcare, Inc. Earns Full Accreditation of Managed Behavioral Healthcare Organizations from the National Committee for Quality Assurance
- Magellan Health Appoints Tom Britt as Chief Information Officer
- Human Affairs International of California Earns URAC Accreditation in Health Utilization Management
- Magellan Rx Management Collaborates with COEUS to Drive Adoption of Outcomes-Based Care for State Medicaid Clients Nationwide