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COMPREHENSIVE CARE CORP. SELLS NEVADA HOSPITAL

 ST. LOUIS, April 6 /PRNewswire/ -- Comprehensive Care Corp. (NYSE: CMP) announced today it has sold its 50-bed hospital located in Las Vegas to Transitional Hospitals Corp. of Atlanta for an undisclosed amount.
 Approximately $800,000 of the proceeds from the sale will be used to pay down debt and the balance after expenses will be used for operating purposes. The company has seven other closed hospitals for sale, one in Albuquerque, N.M., two in California (San Diego and Sacramento) and four in Florida (Coral Springs, Jacksonville, Orlando and Tampa).
 Richard C. Peters, chief executive officer, said, "This sale provides us additional funds to expand our managed care subsidiary (AccessCare) which offers quality mental health care at a reasonable fixed cost."
 Comprehensive Care Corp. is a leading national provider of behavioral medicine programs.
 -0- 4/6/93
 /CONTACT: Fred C. Follmer, CFO of Comprehensive Care, 314-537-1288/
 (CMP)


CO: Comprehensive Care Corp.; Transitional Hospitals Corp. ST: Missouri IN: HEA SU: TNM

LS-KJ -- LA004 -- 0146 04/06/93 09:31 EDT
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Publication:PR Newswire
Date:Apr 6, 1993
Words:169
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