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Comprehensive Care Corporation Doubles Its 2011 Revenues to Over $71 Million
Date:4/2/2012

ce. With these trends comes an increasing demand for behavioral health and pharmacy solutions. We believe that we are well positioned to capitalize on these trends."

"One of our primary focus points over the last two years has been the development of an at-risk pharmacy program designed to materially reduce pharmacy costs to health plans and self-insureds. Prescription drugs represent approximately 10% of overall health care expenditures. We are confident that the innovative pharmacy plan developed by the Company can reduce these costs by up to 10%, which sets us substantially apart from the pack. We are so confident in this program that we are prepared to go at-risk on our clients pharmacy spend for as much as 10% below their previous year pharmacy expenditure. Our affiliations with a major retailer and a major Pharmacy Benefit Manager ("PBM") provide the underpinnings to facilitate this program, which we have now begun to aggressively market. Management believes that the Company's at-risk pharmacy program provides the Company with an important competitive edge in the market place; will eventually result in the national reduction of pharmacy costs in both the private and commercial sectors and will result in high margin, profitable revenue, for the Company, long term,"  Mr. Marcus said.

About CompCare:

Established in 1969, CompCare provides behavioral health, substance abuse and psychotropic pharmacy management services for managed care companies 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. The Company's recently filed 10-K is available at www.sec.gov. For more information, please call 813-288-4808 or visit our website at

SOURCE Comprehensive Care Corporation
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