Newsletter Articles | May 31, 2007
New Mexico Renews ValueOptions Contract & Offers 2% Raise for Administrative Costs
OPEN MINDS, The Behavioral Health & Social Service Industry Analyst
Industry News
On April 25, 2007, the New Mexico Behavioral Health Purchasing Collaborative voted unanimously to renew ValueOptions New Mexico (VONM) contract and to pay about 2% more for administrative expenses in the third year of its four-year contract with the state. VONM provides administrative services for government-funded behavioral health care in the state. The amended contract will be effective as of July 1, 2007.
The amended contract is valued at $370 million in state and federal . . .