VBH Sells Interest in Massachusetts to OPTIONS

OPEN MINDS The Behavioral Health & Social Service Industry Analyst Industry News Value Health, Inc. (NYSE: VH) of Avon, Connecticut, announced on July 15, 1997, that Value Behavioral Health, Inc. (VBH), its subsidiary, sold its 50% interest in the Massachusetts Behavioral Health Partnership (MBHP) to its partner, FHC Options, Inc. of Norfolk, Virginia. As a result, a Massachusetts Superior Court justice dissolved the preliminary injunction enjoining the merger of Columbia/HCA Healthcare Corporation (NYSE: COL) and Value Health. The transaction is anticipated to close by the end of July 1997, as soon as regulatory matters concerning the State of California . . .