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Comprehensive Care Corp (fka CHCR) RSS Feed

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IBOX CREATED 8-14-2012



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.


Products and Services
 
 
 
 
 
 
 
 
 
 
  
 

Bridging the gap between medical and behavioral care
through behavioral pharmacy data analysis and intervention.
 
CompCare's newest product provides an opportunity to improve member outcomes and reduce healthcare costs through proactive intervention and education. The BRIDGETM offers innovative products to HMOs, PPOs, and IPAs who struggle with a cost/quality equation, but have not traditionally Managed Behavioral healthcare.

Introduction
 
With over 15 years of experience and managing more than 1 million members, CompCare has built its foundation on providing superior, quality-driven solutions that improve member outcomes while reducing behavioral health pharmacy costs.

CompCare's latest innovative solution, known as The BRIDGETM, consists of 2 core products that promise to connect the long-standing divide between behavioral health providers and Primary Care Physicians. The result is improved member outcomes and reduced behavioral health pharmaceutical costs.

 
Integrated Health Care Management
 
As demonstrated in the charts below, our Care Management programs have significantly impacted medical and behavioral outcomes for members through clinically derived interventions. CompCare Programs include:
 

High Risk Care Management
  • Telephonic assistance by licensed clinical staff to assist member compliance with treatment plan
  • Intensive member contact, delivered by licensed clinical staff or credentialed network providers, ensures rapid transition following any acute episode, and prevents further deterioration. Services are provided in the home or public settings.
Specialized Disease Management-Identification of co-morbid conditions to facilitate coordination of care between medical and behavioral case managers and to assist the member in treatment compliance.

The following charts demonstrate the impact of CompCare's Care Management interventions in both savings and improved member outcomes. The first chart illustrates a significant decrease in the number of inpatient days per member, during and after the program, resulting in a cost savings of $10,131 per member enrolled in the program.

In addition, when comparing the pre-enrollment and post-enrollment scores (as measured by the SF-12), the program shows significant improvements in members' behavioral health status as well as their physical health outcomes.

 
 
 
Behavioral Pharmacy Management
 
CompCare's Behavioral Pharmacy Management Product addresses the lack of coordination that often occurs when multiple physicians prescribe medications to a member and neglect to communicate with each other. The product also addresses the frequent prescription of medications outside of recommended guidelines. CompCare's Behavioral Pharmacy Product is designed to alleviate these common problems, improve treatment quality, and thereby reduce costs.
 
  • Address high-risk practices in behavioral medicine
  • Improve overall quality and appropriateness of prescribing practices for patient care
  • Better integrate medical and behavioral treatment among multiple providers



About Us
 
    
 
 
History
 
Comprehensive Behavioral Care, Inc. (CompCare), established in 1969 as Comprehensive Care Corporation, became a national leader in chemical dependency treatment services through its trademarked CareUnit programs. In 1992, CompCare began to diversify through acquisition of a small managed behavioral health organization. By 1997, the Company had refocused its core business and consolidated its corporate operations in Tampa, Florida. Today, CompCare manages lives nationwide, providing a wide range of services to health plans and employer groups for Commercial, Medicaid, and Medicare members.

Overview

 
CompCare is a Specialty Health Care Company dedicated to the Integration of behavioral and medical care to improve the lives of the people we serve. Fully accredited by NCQA, we infuse quality-driven processes throughout every department and practice evidenced-based approaches to care. Our employees pledge to exceed customer expectations through innovative management practices that result in effective and efficient care, while enhancing value for our shareholders. For over 15 years, CompCare has provided personalized attention, a flexible delivery system, and evolving products and services to help our clients meet the challenges of the rapidly changing healthcare industry.

Integration that promotes communication and coordination between medical and behavioral care is the heart of our clinical philosophy. Understanding the mind/body connection is key to treating the whole individual, not just one aspect of the problem. Comprehensive, compassionate, cost-effective products and services optimize treatment outcomes. Unifying CompCare clinical staff, network practitioners, primary care physicians and other treatment providers creates an integrated delivery system unsurpassed by other organizations.

Services Offered

 
We customize our products and services to meet each client's need. Managing behavioral health services for the past 15 years has equipped us with the necessary knowledge and skills that traverse lines of business. Employers, governmental agencies, Medicaid, or Commercial health plans all benefit from our products and services. Whether you are an employer seeking a cost-effective program for employees, a Medicare Advantage plan searching for the best resources to help manage the dually eligible population, or a Medicaid plan in need of integrated, community-centered services for society's most vulnerable populations, CompCare can help. In addition to our traditional, high-quality, integrated behavioral health program, we offer pioneering solutions in Substance Abuse Disease Management and Integrated Health Care Management supported by Pharmacy Data Analysis.

Click on Products and Services for more information.




 
Corporate Office 
 
3405 W. Dr. Martin Luther King Jr. Blvd
Suite 101
Tampa, Florida  33607
Tel:  (813) 288-4808&
Fax:  (813) 288-4844
Email:  info@compcare.com




08/14/2012 10:50AM Form (10-Q) Quarterly Report USOTC:CHCR   Comprehensive Care Corp (QB)
08/13/2012 5:02AM PRNUS Comprehensive Care Corporation Announces Profitable Six Month Financial Results USOTC:CHCR   Comprehensive Care Corp (QB)
08/02/2012 5:02AM PRNUS Comprehensive Care Corporation Names Colonel Ramon Martinez Senior Management Advisor To Maximize its Market Share with New P... USOTC:CHCR   Comprehensive Care Corp (QB)
07/30/2012 5:02AM PRNUS Comprehensive Care Corporation Retained by CHRISTUS Health to Provide Behavioral Health Management Services USOTC:CHCR   Comprehensive Care Corp (QB)
07/11/2012 11:18AM PRNUS Comprehensive Care Named Among Top Florida Public Companies USOTC:CHCR   Comprehensive Care Corp (QB)
06/25/2012 8:43AM Form (8-K) Current report filing USOTC:CHCR   Comprehensive Care Corp (QB)
06/25/2012 5:02AM PRNUS Comprehensive Care Corporation Announces Preliminary Revenue and Expected Profitability for the Second Quarter 2012 USOTC:CHCR   Comprehensive Care Corp (QB)
06/22/2012 5:08PM Form (8-K) Current report filing USOTC:CHCR   Comprehensive Care Corp (QB)
06/22/2012 5:03PM Form (8-K) Current report filing USOTC:CHCR   Comprehensive Care Corp (QB)
05/30/2012 5:02AM PRNUS Comprehensive Care Corporation Implements Steps to Increase Margins and Sustain Profitability USOTC:CHCR   Comprehensive Care Corp (QB)
05/22/2012 9:01AM PRNUS Comprehensive Care Corporation Announces Profit for First Quarter USOTC:CHCR   Comprehensive Care Corp (QB)
05/21/2012 5:03PM Form (10-Q) Quarterly Report USOTC:CHCR   Comprehensive Care Corp (QB)
05/16/2012 5:08PM EDGAR Notification that Quarterly Report will be submitted late (NT 10-Q) USOTC:CHCR   Comprehensive Care Corp (QB)
04/12/2012 9:59AM PRNUS Comprehensive Care Corporation CEO Discusses Company's Future Growth Strategy and New Pharmacy Program in Analyst Interview USOTC:CHCR   Comprehensive Care Corp (QB)
04/09/2012 8:43AM PRNUS Agadia Systems Inc. and Comprehensive Care Corporation Announce Agreement to Provide Services to CompCare's Major Health Netw... USOTC:CHCR   Comprehensive Care Corp (QB)
04/09/2012 8:30AM PRNUS Agadia Systems Inc. and Comprehensive Care Corporation Announce Agreement to Provide Services to CompCare's Major Health Netw... USOTC:CHCR   Comprehensive Care Corp (QB)
04/02/2012 9:02AM PRNUS Comprehensive Care Corporation Doubles Its 2011 Revenues to Over $71 Million USOTC:CHCR   Comprehensive Care Corp (QB)
03/30/2012 5:04PM Form (10-K) Annual Report USOTC:CHCR   Comprehensive Care Corp (QB)
03/13/2012 8:20AM PRNUS Comprehensive Care Corporation Celebrates 43rd Anniversary USOTC:CHCR   Comprehensive Care Corp (QB)
03/08/2012 5:20PM Form (8-K) Current report filing USOTC:CHCR   Comprehensive Care Corp (QB)
03/08/2012 8:40AM PRNUS Comprehensive Care Corporation Receives Rate Increase on Pharmacy At-Risk Program for Key Client USOTC:CHCR   Comprehensive Care Corp (QB)
03/06/2012 8:20AM PRNUS Comprehensive Care Corporation Expands Contract with Nation's Largest Public Health Plan USOTC:CHCR   Comprehensive Care Corp (QB)
02/14/2012 5:20PM EDGAR Amended Statement of Ownership (SC 13G/A) USOTC:CHCR   Comprehensive Care Corp (QB)
02/14/2012 5:20PM EDGAR Amended Statement of Ownership (SC 13G/A) USOTC:CHCR   Comprehensive Care Corp (QB)
02/14/2012 5:18PM EDGAR Amended Statement of Ownership (SC 13G/A) USOTC:CHCR   Comprehensive Care Corp (QB)
02/14/2012 12:36PM EDGAR Amended Statement of Ownership (SC 13G/A) USOTC:CHCR   Comprehensive Care Corp (QB)
02/13/2012 9:12AM PRNUS Comprehensive Care Corporation, Tampa, Florida, Offers New Pharmacy Management Initiative Designed to Reduce Prescription Dru... USOTC:CHCR   Comprehensive Care Corp (QB)
02/10/2012 5:04PM EDGAR Securities Registration: Employee Benefit Plan (S-8) USOTC:CHCR   Comprehensive Care Corp (QB)
02/10/2012 9:09AM PRNUS Comprehensive Care Corporation Offers New Pharmacy Management Initiative Designed to Reduce Prescription Drug Spending in Cal... USOTC:CHCR   Comprehensive Care Corp (QB)
02/03/2012 5:12PM EDGAR Amended Statement of Beneficial Ownership (SC 13D/A) USOTC:CHCR   Comprehensive Care Corp (QB)











Investor Relations
 
 
 
 
 


Management
Clark Marcus
Chairman and Chief Executive Officer  
Robert R. Kulbick
President
Robert J.Landis
Chief Financial Officer
Contact Information
Comprehensive Care Corporation
3405 West Dr. Martin Luther King Jr. Blvd.
Suite 101
Tampa, FL  33607
Tel: (813) 288-4808
 
     Company Description
 
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. The company 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.
 

Products and Services
 
  • Core Behavioral Health Carve-Out - delivers behavioral care management coupled
        with medical care coordination
  • Substance Abuse Disease Management - utilizes a proprietary approach that
        integrates medical and psychosocial treatments
  • Co-Morbid Condition Management - targets members with chronic medical
        conditions co-morbid with behavioral conditions such as depression
  • Behavioral Disease Management - targets members with chronic behavioral
        conditions such as schizophrenia, major depression, ADHD, or autism
  • Behavioral Pharmacy Management - educates prescribers to best practices and
        provides behavioral outreach and care management to high risk members cared for by a PCP
  • EAP & WorkLife Services - Employee Assistance programs, with wellness and
        work-life services for employer customers
 

Growth Strategies
 
  • Enter additional Medicaid and Medicare markets through small
        to medium size health plans and government contracts
  • Further penetrate current geographic markets with current products
  • Transition to specialty disease management company
  • Add disease management offerings to entities with their own behavioral health units
  • Expand distribution through business partners
 

Competitive Advantages
   
  • Full Accreditation from NCQA (National Committee for Quality Assurance)
        since 1999; the most recent score was 99.4%
  • Integration of behavioral and medical care
  • Use of data to improve quality of care and outcomes while reducing costs
  • Innovative product base
  • Experience with risk model pricing
  • Rapid network development capacity
  • Large customer base and service providers
  • Competitive cost structures
 

  Investment Rationale
 
  • Committed to providing the best possible service for clients
       - To exceed customer expectations through innovative management practices that
      result in effective and efficient care while enhancing value for our shareholders
  • Diverse/extensive product offering with personalized customer care
       - Large program offering means more unique programs to fit specific needs
  • Focus on innovation
       - Continually improving programs and synchronizing solutions to our changing
      healthcare environment to increase efficiency and cost-effectiveness for clients
  • Growing demand
       - Mental illness ranks 1st among all diseases in terms of causing disability in the U.S.
       - BH Pharmacy costs are rising by 20% per year and comprise 30% of pharmacy
      spending for public payors and 25% for commercial payors
       - Traditional behavioral health carve-outs declining in large plans
  • Favorable demographic trends
       - 14 million elderly beneficiaries have a diagnosed mental health disorder
       - 59% of dual eligible Medicare enrollees > 65 years old have a mental health disability
       - 37% of other Medicare enrollees > 65 years old have a mental disorder
       - Medicare expenditures are expected to double over the next decade to $863 billion,
      according to the U.S. government
 

 



 


 
 
 
 
 

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