MagnaCare Revenue and Competitors

Location

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Total Funding

Estimated Revenue & Valuation

  • MagnaCare's estimated annual revenue is currently $63.3M per year.(i)
  • MagnaCare's estimated revenue per employee is $297,000

Employee Data

  • MagnaCare has 213 Employees.(i)
  • MagnaCare grew their employee count by 10% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$299.8M79328%N/AN/A
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For over 10 years, MagnaCare has been providing Taft Hartley Funds access to high quality healthcare. In that time many organizations have chosen us to help serve their membership, with our unparalleled provider network and outstanding administrative and customer services. We are large enough to negotiate competitive fee arrangements on behalf of our plan sponsors, yet agile enough to provide the "high-touch" service they demand. We look forward to building on our heritage as the preferred healthcare partner to the Taft Hartley Fund market, and as such we have made a long-term commitment to fulfill its unique needs. We are focused on developing products and processes designed to serve Labor's unique needs, including: MagnaCare Access is our provider network, and is among the best in the tri-state area Over 53,000 physician locations 260 hospitals, from large teaching hospitals to community hospitals Ancillary providers such as radiology/imaging centers, laboratories and home health care providers MagnaCare Plan Management provides administrative management services, including: Claims Adjudication Claims Repricing Eligibility Management Member Enrollment Customer Services Provider Services

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Total Funding

213

Number of Employees

$63.3M

Revenue (est)

10%

Employee Growth %

N/A

Valuation

N/A

Accelerator

MagnaCare's People

NameTitleEmail/Phone
1
Senior Account Manager
2
VP, Systems and Controls
3
Manager, Network Infrastructure and Telecommunications
4
President Casualty Solutions
5
SVP, Account Management
6
Data Integrity Supervisor
7
VP, Account Management
8
Senior Account Executive
9
VP Labor Relations Business Development
10
Key Account Executive

MagnaCare News

2021-04-14 - MagnaCare Spotlights Labor Union Voices with LaborStrong.Live

NEW YORK, April 14, 2021 /PRNewswire/ -- MagnaCare, a third-party administrator with a long history of serving the healthcare benefits needs of organized labor groups, today announced the launch of a new online video community for labor. The site, LaborStrong.Live, gives union leaders, labor m ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$35.1M2139%N/A
#2
$15M21316%N/A
#3
$35.1M2135%N/A
#4
$53.4M21322%N/A
#5
$33.2M21330%$175M