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OPEN MINDS, The Behavioral Health & Social Service Industry Analyst Industry News Premier Behavioral Health Systems (PBHS) must increase its net worth by $4.6 million or it will fall out of compliance with state TennCare requirements, according to a letter to the company on September 4 from Lisa Jordan, the acting assistant commissioner of the Tennessee Department of Commerce and Insurance. The letter states that under the TennCare Provider Risk agreement, PBHS must "establish and maintain a minimum net worth equal to or greater than: (A) one million five hundred thousand dollars or (B) an amount totaling four percent . . .

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