Profile: Comprehensive Care Corp (CHCR.PK)
0.19USD
1 Aug 2013
$0.04 (+26.53%)
$0.15
$0.15
$0.19
$0.15
52,000
35,579
$0.25
$0.05
Comprehensive Care Corporation (CompCare) provides managed care services in the behavioral health substance abuse, and psychotropic pharmacy management fields. The Company provides these services to commercial, Medicare, Medicaid and Children’s Health Insurance Program (CHIP) health plans. It also provides prior and concurrent authorization for physician-prescribed psychotropic medications. Its managed care operations include administrative service agreements, fee-for-service agreements, and capitation contracts. It also provides prior and concurrent authorization for physician-prescribed psychotropic medications. The services provided through its provider network include outpatient programs (such as counseling or therapy), intermediate care programs (such as intensive outpatient programs and partial hospitalization services), and inpatient and crisis intervention services. As of December 31, 2011, it has a network of over 35,000 contracted providers in areas like psychiatrists, psychologists, therapists, other licensed healthcare professionals, psychiatric hospitals, general medical facilities with psychiatric beds, residential treatment centers and other treatment facilities.
The Company’s customer base includes both private and governmental entities. Its services are provided by unrelated vendors on a subcontract basis. It also manage the psychotropic drug benefit under certain behavioral health contracts for certain health plans’ subscribing members and are responsible for the cost of drugs dispensed. In accordance with the contracts, the health plan’s pharmacy benefit manager (PBM) performs drug price negotiation and claims adjudication. The services provided through its provider network include outpatient programs (such as counseling or therapy), intermediate care programs (such as intensive outpatient programs and partial hospitalization services), inpatient programs and crisis intervention services. The Company does not directly provide treatment or own any treatment facilities. It manages programs through which services are provided to recipients in 23 states, the District of Columbia and Puerto Rico.
As of March 26, 2012, it managed approximately 965,000 lives in connection with behavioral, substance abuse, and psychotropic pharmacy management services covered through government programs such as Medicare, Medicaid, and CHIP programs in 22 states, the District of Columbia and Puerto Rico. The Company provides its core product, outsourced behavioral healthcare management and pharmacy management services, primarily to health plans.
The Company competes with Magellan Health Services, United Behavioral Health, ValueOptions, MHNet, FHC and APS Healthcare.
Company Address
Comprehensive Care Corp
Suite 101
3405 W. Dr. Martin Luther King J
TAMPA FL 33607
P: +1813.2884808
F: +1813.2884844
Company Web Links
| Name | Compensation |
|---|---|
Clark Marcus |
1,296,190 |
Joshua Smith |
-- |
Robert Landis |
242,066 |
Jairo Estrada |
-- |
Arnold Finestone |
-- |

