Comprehensive Care Named Among Top Florida Public Companies

TAMPA, Fla., July 11, 2012 /PRNewswire/ -- Comprehensive Care Corporation ("CompCare" or the "Company") (OTC BB: CHCR) is pleased to announce that Florida Trend magazine has ranked CompCare one of the top three big movers among publicly-traded companies in Florida.  

Florida Trend has been a key source of business news, insight, forecast and trends since 1958.  Its circulation includes the State's top business executives, government officials and civic leaders. 

"I am extremely proud that CompCare has been recognized as one of the top three big movers among publicly-traded companies in Florida by such a well-respected publication.  This independent third-party acknowledgment validates our employees' hard work and dedication as well as demonstrates our commitment as a company to achieving results. We look forward to additional accomplishments, such as our new Pharmacy Management Program, which we believe will play a key role in our future. This program is designed to reduce the cost of our clients' pharmacy spend by up to 10 percent.  We will continue to work to achieve positive results so that we place even higher in Florida Trend's next survey," said Clark A. Marcus, Chairman and CEO.

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 our expected positive accomplishments in the future, our ability to expand our pharmacy management program with higher profit margins, our ability to  reduce our clients' pharmacy spend by 10 percent, our ability to further improve the Company's performance and maintain positive trends, and the outcome of our business strategy throughout the year 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 and existing business, our ability to expand and manage our provider network, the profitability, if any, of our recently acquired or previously existing capitated contracts, the costs incurred in seeking new contracts, the loss or termination of any existing contract, 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 is available on its website at www.sec.gov.

Investor Contacts:
Paul Knopick
E & E Communications
[email protected]
940.262.3584

SOURCE Comprehensive Care Corporation