Comprehensive Care Corporation Acquires Exclusive Distribution Rights to Innovative Product Expected to Decrease Depression in Patients with Chronic Back Pain

TAMPA, Fla., Oct. 24, 2011 /PRNewswire/ -- Comprehensive Care Corporation (CompCare) (OTC BB: CHCR), which provides behavioral health, substance abuse and psychotropic pharmacy management services for managed care companies throughout the U.S., today announced that it has acquired exclusive distribution rights to an innovative patented product aimed directly at reducing depression in individuals resulting from chronic back pain.

The agreement with Disc Disease Solutions, Inc. grants CompCare exclusive distribution rights in the U.S., Canada and Puerto Rico not only to CompCare's existing and future accounts, but also to pain and weight management clinics, the construction and moving industry; and, generally, companies involved in the business of heavy lifting.  The lumbar traction DDS belt is a revolutionary approach designed to alleviate or ameliorate to a substantial extent lower back pain.  It is a high-margined, coded product expected to launch late this year or early in 2012.

"This new product, which is important to our effort to add high-margin ancillary products for distribution to commercial sector populations, fits perfectly under our Wellness Program, affording the opportunity to improve quality of care, decrease hospital admissions and reduce overall medical costs associated with depression," said Clark A. Marcus, CompCare Chairman and CEO.  

"There is a close association between depression and back pain.  Eight of ten people at some time in their lives suffer from back pain and a secondary, unexpected result of severe, long-lasting back pain is the onset of depression," Mr. Marcus said. "Major clinical depression is four times more likely in those with chronic back pain, a group of people who often have feelings of despair and hopelessness, than in the general population. This product addresses the problem directly before it becomes yet another costly medical expense both in terms of medical care and prescription drugs."

"I believe this product will heighten patient care and improve overall well-being while also decreasing costs not only for the Company but also for our health plan accounts. It aligns with our goal to slash healthcare costs across the board. Part of this overall program strategy is to also execute full-risk contracts for prescription drugs. We are confident in the program's ability to not only minimize the occurrence of depression, but also to decrease pharmacy costs associated with excessive, and often unnecessary, pain management medications.  We are committed to changing the face of medicine by improving the quality of care for our members," Mr. Marcus concluded.

About DDS 500 Lumbar Spinal-Air Decompression LSO Brace:

Designed to alleviate as well as prevent chronic and acute lower back pain, the DDS 500 Brace is a thin, lightweight ambulatory support device that's easy to use and offers a high degree of mobility. Users can wear it discreetly under clothing to perform daily activities, including driving, walking, and standing for long periods pain free. Employing a unique, patented, traction belt sets it apart from other support braces. Studies demonstrate that, on average, 85% of patients who wore the brace saw signs of improvement in their lower back pain. Most commonly, the device can be used for individuals who suffer from herniated discs, back sprain, lower back pain caused by heavy lifting or strenuous activity, degenerative discs, sciatica, and other common spinal injuries or disease. Features of the DDS include pain relief, reduction in the amount of pain medications needed, relaxation of muscle spasms or cramps, and assistance in maintaining proper posture.

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. 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 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 CompCare's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, the ability of CompCare and its staff to execute its business plan,  the ability of CompCare to offer and sell any of its products at a profit, 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 or other products, increases or variations in cost of care, seasonality, CompCare's ability to obtain additional financing, increased outsourcing of behavioral health services, 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. Any forward- looking statement in this release speaks only as of the date on which it is made. CompCare assumes no obligation to update or revise any forward-looking statements.

Investor Contacts:
Paul Knopick
E & E Communications
[email protected]
949.707.5365

SOURCE Comprehensive Care Corporation