Magellan eliminates half its debt by filing for bankruptcy

Recommendations cited for psychologists, other mental health providers Magellan Health Services, the nation’s largest managed behavioral mental health company, eliminated half its $1 billion debt when it filed for Chapter 11 bankruptcy in March. Magellan’s reorganization plan calls for holders of half of the company’s debt to trade it for nearly all the stock in […]

Share Button
Continue Reading ...
  • APA taskforce to examine military advertising ban

    With the nation on war footing, one of the military’s thorniest personnel policies-how to treat gays and lesbians in uniform-is again being discussed, including a task force at the American Psychological Association (APA). Three divisions on the Council of Representatives will examine the association’s long-standing ban on accepting advertising from the military in APA publications, […]

    Share Button
    Continue Reading ...
  • All states and divisions now assured of vote on APA Council

    The Mid-Winter meeting of Council in Washington, D.C., was the first in APA history that all states became voting members of the Council of Representatives. In addition, all Canadian provinces and American territories with psychological associations were granted representation. Recently approved by-law amendments paved the way for the expanded Council of Representatives, which now includes […]

    Share Button
    Continue Reading ...