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Magellan Reports Higher 4th Quarter Net Income

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NU Online News Service, Feb. 12, 12:55 p.m. – Magellan Health Services Inc., Columbia, Md., is reporting $9.7 million in net income for the fourth quarter of 2001 on $445 million in revenue, compared with $7.1 million in net income on $446 million in revenue for the fourth quarter of 2000.

Magellan manages mental health care and drug abuse treatment for one-quarter of the U.S. population.

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