Two New Contracts Add More than $1 Billion in Revenue for ValueOptions

OPEN MINDS, The Behavioral Health & Social Service Industry Analyst Industry News On August 25, 1998, ValueOptions announced that it had been awarded two large contracts totaling more than $1 billion in annual revenues over the next five years. The company was awarded a three-year, $510 million contract to operate the Regional Behavioral Health Authority for Maricopa County (Phoenix) by the Arizona Department of Health Services (ADHS)/Division of Behavioral Health Services (DBHS), with a potential contract extension of two additional years for $340 million ($170 million annually). The contract, which began September 19, 1998, will serve approximately 245 . . .