Monthly Management Newsletter - September 1990

OPEN MINDS The Behavioral Health & Social Service Industry Analyst Industry News On October 24, 1990, Travelers Corporation signed a letter of intent to purchase U.S. Behavioral Health (USBH), a privately-held managed behavioral health company in Emeryville, California. The transaction remains subject to regulatory approvals and final negotiation of purchase documents. Travelers Corporation plans to unit USBH with Travelers' PsychSystems, Inc. (PSI), its nationwide, network-based managed care program for behavioral health. Combined, USBH and PSI will have 4 million member nationwide that are served by 64 . . .
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