OPEN MINDS The Behavioral Health Industry Analyst Indsutry News United HealthCare Corporation announced on June 26, 1995, that it will acquire MetraHealth Companies, the Reston, Virginia-based managed care company formed in a joint venture by Metropolitan Life Insurance Company and Travelers Inc. in January 1995. The acquisition, which requires a four-to six-month regulatory review and approval process by federal and state agencies, will result in the creation of the nation's largest managed care organization. United HealthCare's behavioral health services division, United Behavioral Systems Inc. (UBS), covers . . .
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