'Based on 2012 revenue estimates of $72.5 million and earnings of $1.15 million, we reiterated our buy recommendation for Comprehensive Care Corporation with a price target of $0.40, which is more than double today’s stock price.”
Healthcare Stocks: Comprehensive Care Corporation (OTC:CHCR) Retained by CHRISTUS Health to Provide Behavioral Health Management Services
TAMPA, Fla. - July 30, 2012 (Investorideas.com newswire) - Comprehensive Care Corporation (OTCBB: CHCR), which provides behavioral health, substance abuse and psychotropic pharmacy management services for managed care companies throughout the U.S., is pleased to announce that it has been retained by CHRISTUS Health Plan to provide managed behavioral health services to the Medicaid (STAR) and Children's Health Insurance Program (CHIP) populations served in the Nueces Service area, which is comprised of fourteen counties in the Coastal Bend region of Texas.
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About CompCare (OTCBB: CHCR) 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.
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