ValueOptions & TennCare Contract Negotiations End; Magellan TennCare Contracts Restructured

OPEN MINDS, The Behavioral Health & Social Service Industry Analyst Industry News In light of discontinued contract negotiations between Tennessee and ValueOptions, which had been awarded the contracts for the Middle and West regions, Tennessee Behavioral Health and Premier Behavioral Systems of Tennessee, a joint venture between Magellan Health Services Inc. (Magellan) and HCA Healthcare Inc., have agreed that they will continue to serve the approximately 800,000 members in those regions from July 1 through December 31, 2004. Current rates for the contracts will remain in effect until June 30, 2004 (the end of the state's fiscal budget . . .