Navigation Links
Comprehensive Care Corporation Announces Profit for First Quarter
Date:5/22/2012

TAMPA, Fla., May 22, 2012 /PRNewswire/ -- Comprehensive Care Corporation ("CompCare") (OTC BB: CHCR), a leading behavioral health, substance abuse and psychotropic pharmacy management services provider for managed care companies throughout the U.S., today announced that its revenues for the first quarter of 2012 ending March 31, 2012 totaled $17,890,000.  Net income totaled $80,000 for the quarter.

"We are pleased to announce that CompCare achieved a profit, albeit modest, for its first quarter of 2012.  This was an important goal for CompCare following completion of significant changes in our business structure and the streamlining and automation of key business functions," said Robert Kulbick, the Company's new president. 

"We are especially pleased that our at-risk pharmacy contracts produced $9,597,000 in revenue in the first three months of 2012.  The 19.8 percent increase over the first quarter of last year is attributable primarily to a 9.9 percent increase in members and a contract rate increase, effective Jan. 1, 2012, from our major customer in Puerto Rico for whom CompCare manages the psychotropic drug benefits," Mr. Kulbick explained. "We are also pleased that general and administrative costs decreased in the quarter to $515,000 compared to $1,161,000 in the same period in 2011."

"For the past two years, CompCare's management team has worked hard to improve the foundation of the Company, such that it can support substantial, profit oriented growth.  We now offer services in 46 U.S. states, the District of Columbia, and Puerto Rico, compared to a much smaller number in 2009. We have recently launched the expansion of our drug management program on an at-risk basis to health plans and self insured entities to reduce their drug spend. Plus we have expanded our service provider network to approximately 35,000 providers.  There is still much work to be done.  However, we are proud of our
'/>"/>

SOURCE Comprehensive Care Corporation
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Siemens Showcases Its Most Comprehensive and Advanced Breast Care Portfolio
2. Clinsys(R) TPS Teams Provide Comprehensive Clinical Development Plans
3. Comprehensive Safety Tests Published on Ruyan(R) Smoking Alternatives
4. Algeta Completes Comprehensive Phase II Clinical Program With Alpharadin for Treating Bone Metastases in Patients With Advanced Prostate Cancer
5. Chemstar Corporation Offers Comprehensive Deep Cleaning Programs to Combat Salmonella, Listeria, and E. coli in Retail Supermarkets
6. Mayo Clinic Proceedings: A Comprehensive Review of Addiction to Prescription Painkillers Among Patients and Physicians
7. ARKRAY, Inc. Long Term Care Division Launches Comprehensive Service Program - Assure(R) Brilliance
8. Doctors Cite Time, Low Reimbursement As Barriers To Providing Comprehensive Diabetes Care, Survey Results Show
9. Greenway Medical Technologies PrimeSuite 2011 Receives CCHIT 2011 Comprehensive Certification
10. Philips Introduces Multi-Modality Breast Workspace to Complement Comprehensive Portfolio of Diagnostic Imaging Solutions for Breast Care
11. Carl Zeiss Chooses AT&T as Global Provider For Comprehensive Communications Services
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/31/2014)... Corporation (Nasdaq: IRIX ) today reported financial results ... 2014.  , Revenues were $10.6 million in the ... the 2013 second quarter and up sequentially from $10.3 million ... six months of 2014 were $20.9 million, up 15% from ... , Gross margin for the quarter was 50.0%, up ...
(Date:7/31/2014)... 2014 Pharmacyclics, Inc. (the "Company") (Nasdaq: ... the quarter ended June 30, 2014. Financial Results ... Revenue Total revenue for the quarter ended June 30, ... quarter ended June 30, 2013 primarily due to IMBRUVICA ® ... Total revenue for the six months ended June 30, ...
(Date:7/31/2014)... July 31, 2014   Auxilium Pharmaceuticals , Inc. ... biopharmaceutical company, today announced that the Company will release ... August 7, 2014 before the opening of the U.S. ... call that day at 8:30 a.m. ET to discuss ... The presentation slides to be used during the call ...
Breaking Medicine Technology:IRIDEX Reports 2014 Second Quarter, Six-Month Results 2IRIDEX Reports 2014 Second Quarter, Six-Month Results 3IRIDEX Reports 2014 Second Quarter, Six-Month Results 4IRIDEX Reports 2014 Second Quarter, Six-Month Results 5IRIDEX Reports 2014 Second Quarter, Six-Month Results 6IRIDEX Reports 2014 Second Quarter, Six-Month Results 7Pharmacyclics Reports Second Quarter 2014 Results 2Pharmacyclics Reports Second Quarter 2014 Results 3Pharmacyclics Reports Second Quarter 2014 Results 4Pharmacyclics Reports Second Quarter 2014 Results 5Pharmacyclics Reports Second Quarter 2014 Results 6Pharmacyclics Reports Second Quarter 2014 Results 7Pharmacyclics Reports Second Quarter 2014 Results 8Pharmacyclics Reports Second Quarter 2014 Results 9Pharmacyclics Reports Second Quarter 2014 Results 10Pharmacyclics Reports Second Quarter 2014 Results 11Pharmacyclics Reports Second Quarter 2014 Results 12Pharmacyclics Reports Second Quarter 2014 Results 13Pharmacyclics Reports Second Quarter 2014 Results 14Pharmacyclics Reports Second Quarter 2014 Results 15Pharmacyclics Reports Second Quarter 2014 Results 16Pharmacyclics Reports Second Quarter 2014 Results 17Pharmacyclics Reports Second Quarter 2014 Results 18Pharmacyclics Reports Second Quarter 2014 Results 19Pharmacyclics Reports Second Quarter 2014 Results 20Pharmacyclics Reports Second Quarter 2014 Results 21Pharmacyclics Reports Second Quarter 2014 Results 22Pharmacyclics Reports Second Quarter 2014 Results 23Pharmacyclics Reports Second Quarter 2014 Results 24Pharmacyclics Reports Second Quarter 2014 Results 25Pharmacyclics Reports Second Quarter 2014 Results 26Pharmacyclics Reports Second Quarter 2014 Results 27Pharmacyclics Reports Second Quarter 2014 Results 28Auxilium Pharmaceuticals, Inc. To Announce Second Quarter 2014 Results On August 7, 2014 2Auxilium Pharmaceuticals, Inc. To Announce Second Quarter 2014 Results On August 7, 2014 3
(Date:7/31/2014)... CO (PRWEB) July 31, 2014 LDM ... new eDiscovery pricing model that is simplified and predictable ... any size. As a leading international provider of ... government agencies it has become glaringly apparent that both ... unpredictable ballooning eDiscovery budgets and the complex pricing structure ...
(Date:7/31/2014)... News) -- With the World Health Organization reporting that ... has risen to 729, the U.S. Centers for ... warning for,the region. The "Level 3 travel advisory" ... -- Guinea, Liberia and Sierra Leone -- be avoided. ... in West Africa," CDC Director Dr. Tom Frieden told ...
(Date:7/31/2014)... (PRWEB) July 31, 2014 Setting goals for ... on blogs on successful tips to weight loss. Fitness on ... for over 8 years, and has worked with 6000 customers ... “We have had the chance to monitor why customers start ... exercising, how long they stick to their program, whether or ...
(Date:7/31/2014)... The VitalSleep anti snoring device is a mandibular ... open a snorers airway to quiet snoring. , Dawn M. ... relationship with her husband by allowing them to share the same ... snoring began about 15 years ago and I remember nights when ... sleep and had to head downstairs for any relief. As the ...
(Date:7/31/2014)... New York (PRWEB) July 31, 2014 ... grow, as Bernstein Liebhard LLP notes that Johnson ... it plans to voluntarily remove its power morcellators ... a report from Bloomberg.com, the company said it ... benefits associated with the devices remain uncertain.* , ...
Breaking Medicine News(10 mins):Health News:LDM Global Announces Predictable Simple Fixed-Fee Pricing 2Health News:CDC Issues Travel Warning as West Africa Ebola Outbreak Worsens 2Health News:Fitness on the Go's Rewards Program Helps Clients Reach Their Goals 2Health News:New Snoring Mouthpiece Reviews from VitalSleep 2Health News:Uterine Morcellation Controversy Grows, as Bernstein Liebhard LLP Notes Johnson & Johnson Decision to Withdraw Power Morcellators from Market 2Health News:Uterine Morcellation Controversy Grows, as Bernstein Liebhard LLP Notes Johnson & Johnson Decision to Withdraw Power Morcellators from Market 3
... explore the relationship between the size of a brain structure ... been found out that the same region // of the ... the overall personality of the individual. , It ... an area of the brain called the medial orbitofrontal cortex ...
... that the weight gained during the holiday season is never ... ,The weight gain starts from the Thanksgiving weekend and ... of the holiday bulge., ,To stop this bulge a ... more fruits and non-fat yogurt, drink skimmed milk, drink in ...
... Christina Desforges a teenage girl died due to Peanut allergy ... , Desforges is from the city of Saguenay, though ... she could not be cured of the hypersensitivity reaction and ... the death is being investigated and an autopsy has been ...
... grants that were designed to nlure health practioners to distant ... failed for the dental segment in the Scottish area of ... grant per dentist to enable them to move to areas ... It has emerged not that only about five dentists have ...
... outbreak of H5N1 avian influenza has been confirmed in ... bird flu outbreak is the 23rd in China since ... died in Inner Mongolia's Zalantun city last Sunday, the ... 16,567 birds at poultry farms within three,km of the ...
... journal Nutrition and Cancer says that Zyflamend, an herbal extract from ... prostate cancer.// ,It was found that this element caused ... the drug had the ability to inhibit 78 percent of the ... natural process by which a cell dies. Cell death in this ...
Cached Medicine News:Health News:Fear Factor Found To Be Crucial In Shaping An Individual’s Personalit 2
Microsurgical curved forceps made of titanium has curved shafts with smooth working surface. TCI working parts 6 mm from tips with round handle, diam. 6 mm, overall length 116 mm....
Microsurgical straight forceps made of titanium has straight shafts with smooth working surface. TCI working parts 6 mm from tips with round handle, diam. 6 mm, overall length 116 mm....
Girard angled tying forceps made of titanium has angled 45 shafts with 4 mm tying platforms, width of shafts 0,25 mm, TCI platforms, round handle, diam. 6 mm, overall length 102 mm....
Angled tying forceps made of titanium has angled shafts with 6 mm V-grove tying platforms, width of shafts 0,5 mm, TCI platforms, flat handle, width 10 mm, overall length 102 mm....
Medicine Products: