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SIERRA TUCSON COMPANIES, INC. ANNOUNCES REDUCTION IN WORK FORCE

 SIERRA TUCSON COMPANIES, INC. ANNOUNCES REDUCTION IN WORK FORCE
 TUCSON, Ariz., Nov. 9 /PRNewswire/ -- Sierra Tucson Companies, Inc. (NASDAQ: STSN), announced today further organizational restructuring in response to continuing reimbursement and economic pressures. The company announced that it reduced staff by approximately 20 percent in response to decreased utilization of services. It will result in annualized savings in excess of $1,500,000.
 This action establishes staffing needs consistent with decreasing census levels. Support staff and trainees, and to a lesser degree, counseling staff and middle managers have been impacted by the reduction.
 William T. O'Donnell Jr., president and chairman of the board said, "Our resolve is strong and we are confident that this action and other improvements made throughout the company, together with our strong balance sheet, will in time help us respond better to current market conditions. If these market pressures continue unabated we can expect higher impact on census and financial results.
 "Sierra Tucson's innovative and quality approach to treatment continues to provide significant value in human and economic terms to our patients and these were key considerations in management's work force related decisions. We remain fully committed to the continued delivery of high quality addiction and mental health treatment."
 -0- 11/9/92
 /CONTACT: Jim Rianoshek, investor relations, or John H. Schmitz, executive vice president of Sierra Tucson Companies, Inc., 602-792-5800/
 (STSN) CO: Sierra Tucson Companies, Inc. ST: Arizona IN: HEA SU:


TS-OS -- NY022 -- 8565 11/09/92 09:29 EST
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Publication:PR Newswire
Date:Nov 9, 1992
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