Horizon BCBSNJ Brief Notes V. 22, No. 897, ValueOptions Awarded Behavioral Health Services Management Contract Effective 2014
Applies to: All Customers with Behavioral Health and Substance Abuse Benefits through Magellan Behavioral Health, Inc.
ValueOptions Inc. Awarded Behavioral Health Services Management Contract Effective 2014
As part of Horizon Blue Cross Blue Shield of New Jersey’s strategy to provide our customers with access to effective and safe care, we recently concluded a rigorous five-month Request for Proposal (RFP) and evaluation process to determine the future direction of our behavioral health services program. As a result of the evaluation, Horizon BCBSNJ has decided to transition its behavioral health services management contract from our current vendor, Magellan Behavioral Health, Inc., to ValueOptions Inc.
On December 28, 2012, we informed Magellan of our decision to move forward with ValueOptions. As a result and as a publicly-held company, Magellan has reported this information to its shareholders and other members of the financial community. Our contract with Magellan will remain in place through the first half of 2014 as we transition to ValueOptions.
ValueOptions, the nation’s largest independent behavioral health care and wellness company, specializes in management for all behavioral health issues, and mental health and chemical dependency diagnoses. Our agreement with ValueOptions supports our commitment to the continued health and well-being of our 3.6 million members.
Please read the following questions and answers to help you respond to your client’s questions.
Q1. When will the transition occur?
A1. Horizon BCBSNJ plans to transition our behavioral health management contract to ValueOptions sometime during the first half of 2014. As preparation work begins in early 2013 with ValueOptions and Magellan, Horizon BCBSNJ will give our customers more detailed transition information.
Q2. Why is this transition occurring?
A2. Horizon BCBSNJ is transitioning our behavioral health management function to ValueOptions because we believe the change will:
- Improve outcomes through better integration of medical and behavioral health services.
- Improve health care affordability.
- Continue to improve the customer experience.
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