BOSTON – Jan. 5, 2015 – Beacon Health Strategies and ValueOptions®, today announced the completion of their merger. The combined company is known as Beacon Health Options and serves 45 million people across all 50 states and the United Kingdom, making it the premier managed behavioral health care company.
Headquartered in Boston, Beacon Health Options has over 4,000 employees, and is led by Chief Executive Officer Timothy Murphy, who formerly served as CEO of Beacon Health Strategies. Mr. Murphy is supported by an executive team comprised of experienced leaders from both companies, bringing together decades of behavioral health care experience.
“Individually, Beacon Health Strategies and ValueOptions have long been recognized leaders in the behavioral health management industry. Together as Beacon Health Options, we are now the partner of choice for forward thinking organizations who recognize the importance that mental health and wellness plays in achieving a healthy and productive workforce and community and desire a partner who brings expertise and proven results on managing care for mental health and substance use disorders,” said Murphy. “Beacon Health Options is built on a mission of helping people live their lives to the fullest potential. We focus exclusively on behavioral health, delivering best-in-class clinical care management services and superior analytic techniques that combined assist providers in delivering high quality care and for patients in achieving a better state of physical and mental health.”
“The name Beacon Health Options is an obvious tribute to the past and the many accomplishments of our two predecessor companies,” adds Murphy. “And our new brand is emblematic of the many opportunities we see ahead as one company. The brand represents Beacon Health Options’ next-generation approach to behavioral health management, and reinforces our commitment to guiding each individual we serve toward a life of resiliency and recovery.”