(EMAILWIRE.COM, July 14, 2009 ) - Comprehensive Care Corporation “CompCare” (OTCBB:CHCR) is a national leader in providing discounted behavioral health and substance abuse networks to governmental agencies, managed care companies and employer groups. Established in 1969, CompCare specializes in managing behavioral and psychiatric health issues for more than 1 million members nationwide, providing a wide range of services, including the delivery of psychiatric, Autism and ADHD products, substance abuse services and consumer healthcare products to health plans and employer groups for Commercial, Medicaid, and Medicare members. With $35.2 million in revenues for FY 2008, the Company has historically operated under capitation agreements where plans pay CompCare a fixed monthly fee for each member.

Investment Highlights:

• CompCare is a 40 year company with a strong growth story.

• Small float, historical low stock price ($0.63), excellent Wall Street reputation.

• Management team has track record of building companies through organic growth and strategic acquisitions.

• Management is working on significant new business in the US and Puerto Rico that will significantly grow its revenues and bottom line over the next 12 months.

• With recent equity raisings, CompCare has significantly improved its balance sheet.

• New Business Model – Moving Forward into “Obama Healthcare”. It’s the right industry at the right time.

• Merger with Core creates national distribution network, new products with cross selling.

Contact Information:
Waterville Research
Michael W Sweeney
Tel: 212 828 7373
Email us


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