Columbia/HCA and Value Health Announce $1.3 Billion Merger

OPEN MINDS The Behavioral Health & Social Service Industry Analyst

Industry News

On January 15, 1997, Columbia/HCA Healthcare Corporation, Nashville, Tennessee, and Value Health, Inc., Avon, Connecticut, announced their plans to merge. The $1.3 billion transaction is expected to be completed in mid-1997.

Under the proposed merger, Columbia will absorb Value Health's four business units:

• Value Behavioral Health, the nation's largest provider of managed behavioral health, which has more than 20 million members in private and public sector companies . . .
  
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