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CompCare Wins Multi-State Contract

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  Published in Health and Fitness on Tuesday, December 22nd 2009 at 5:50 GMT by Market Wire
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TAMPA, Fla.--([ BUSINESS WIRE ])--Comprehensive Care Corporation (CompCare) (OTCBB: CHCR)today announced it will provide managed behavioral health services for Universal Health Care Group's 100,000 Medicaid, Medicare, and Private Fee-for-Service plan members in eleven states.

"We are looking forward to having CompCare provide access to timely, quality, and comprehensive mental health services to our members."

The multi-year contract, which begins January 1, 2010, and January 1, 2011, respectively, with the full implementation of the Private Fee-for-Service products, is designed to ensure accessible, high-quality behavioral health services with a focus on prevention, education, and care coordination to improve and maintain the overall well-being of members.

Chief Executive Officer John Hill said, "CompCare's hallmark is its ability to customize and refine programs to ensure the specific needs of clients and their members are consistently met. That we continue to develop new partnerships and expand our programs is a testimony to our success and commitment to providing a personal touch that ensures successful outcomes."

CompCare's Chairman and Co-Chief Executive Officer Clark Marcus commented, "With more than a decade of experience providing specialized programs centered on integration and care coordination, our expertise made us the right choice for Universal Health Care Group. We will continue to expand our products and services to demonstrate our commitment to bringing value to our customers and their members."

Universal Health Care Group's CEO/President, Akshay Desai, M.D., M.P.H. commented, "We are looking forward to having CompCare provide access to timely, quality, and comprehensive mental health services to our members."

About CompCare

Established in 1969, CompCare provides behavioral health, substance abuse, and employee assistance programs for governmental agencies, managed care companies and employer groups throughout the United States. Headquartered in Tampa, Florida, CompCare focuses on personalized attention, flexibility, a commitment to high-quality services, and innovative approaches to behavioral health that address both the specific needs of clients and changing healthcare industry demands. For more information, please visit [ www.compcare.com ].

About Universal Health Care

Universal Health Care Group is the parent company of Universal Health Care, Inc., Universal Health Care Insurance Company, Inc. and Universal HMO of Texas, Inc. and is a managed care company that serves over 100,000 individuals located in eleven states (Arizona, Florida, Georgia, Louisiana, Maryland, Missouri, Nevada, Pennsylvania, South Carolina, Texas and Utah). For more in-depth information about the company, please visit [ www.univhc.com ].

Forward-Looking Statements

Except for statements of historical fact, the matters discussed in this press release are forward looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, changes in local, regional, and national economic and political conditions, the effect of governmental regulation, competitive market conditions, varying trends in member utilization, our ability to manage healthcare operating expenses, our ability to achieve expected results from new business, the profitability of our capitated contracts, cost of care, seasonality, the Company's ability to obtain additional financing, and additional risk factors as discussed in the reports filed by the company with the Securities and Exchange Commission, which are available on its website at [ www.sec.gov ].