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CompCare Receives NCQA Accreditation Approval for Recently Launched Puerto Rico Operations

^{Published on 2010-12-14 06:05:36 - Market Wire}
 

TAMPA, Fla.--([ BUSINESS WIRE ])--Comprehensive Care Corporation ("CompCare" or the "Company") (OTCBB: CHCR)has been informed by The National Committee for Quality Assurance (aNCQAa) that its new Puerto Rico operations are covered under CompCarea™s existing NCQA accreditation. The Company is the only Managed Behavioral Healthcare Organization (MBHO) in Puerto Rico that is NCQA accredited.

CompCare de Puerto Rico (aCCPRa) officially opened its full-service office in September 2010. With more than 40 employees on-site, the new facility houses a customer service call center, care management, pharmacy management and claims processing. The facility will also administer special patient requests, including 24/7 access to emergency services. CCPR oversees services for approximately 200,000 Medicare Advantage members on behalf of its clients in Puerto Rico. NCQA's MBHO Accreditation Program provides consumers, employers and others with information about the quality of managed behavioral healthcare organizations. MBHOs provide behavioral healthcare services to members through an organized delivery system across a continuum of care. Each MBHO is required to have processes designed to monitor, evaluate and improve the quality and safety of care provided to its members. NCQA Accreditation includes a rigorous review against standards for improving behavioral healthcare access and services and the process of credentialing practitioners.

Remedios Rodriquez, president of CCPR, stated, aWe have established our new office in Puerto Rico to conform to the strict standards and level of member services already in place at our U.S. offices. As such, we are pleased to confirm that our newest facility is also accredited under our existing NCQA accreditation. This accreditation strongly positions us in the behavioral healthcare market in Puerto Rico, as we are the only MBHO to have this distinction on the Island.a

Clark A. Marcus, CompCarea™s Chairman and CEO, stated, aWe are excited that our Puerto Rico location is now fully up and running, as we can service our clients with the accessible and flexible care that is CompCarea™s benchmark. This opening marks a significant milestone in the Companya™s growth and is another example of the scale we are building into the business, which will create opportunities for growth and expansion.a

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 call 813-288-4808 or visit our website at [ www.compcare.com ].

Forward-Looking Statements

Except for statements of historical fact, the matters discussed in this press release, including but not limited to the company's plans related to the Puerto Rico operations and prospects for continued growth, 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, if any, of our capitated contracts, increases or variations in 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 ].