EXHIBIT 23.2
 
                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
 
    As independent public accountants, we hereby consent to the incorporation by
reference in this Registration Statement of our reports dated November 14, 1997
on the consolidated financial statements and schedules of Magellan Health
Services, Inc. and subsidiaries and Charter Behavioral Health Systems, LLC and
subsidiaries included in Magellan Health Services, Inc.'s Annual Report on Form
10-K for the fiscal year ended September 30, 1997 and to all references to our
Firm included in this Registration Statement.
 
                                          /s/ ARTHUR ANDERSEN LLP
 
Atlanta, Georgia
May 18, 1998