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PHC, Inc. Announces Board-Approved Stock Buy-Back

OPEN MINDS, The Behavioral Health & Social Service Industry Analyst

Industry News

Pioneer Behavioral Health, a subsidiary of PHC, Inc. and a provider of inpatient and outpatient behavioral health services, initiated, on June 13, 2001, a Common Stock Re-Purchase Program. Bruce A. Shear, President of Pioneer Behavioral Health stated, "The Company's fundamentals are stronger than ever. We have recently completed our most profitable quarter in the Company's history. The demand for our services in this current quarter continues to be strong and our industry is again prospering. These . . .

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