CompCare Forms Strategic Partnership with Adaptis.TAMPA, Fla. -- Comprehensive Care Corporation (CompCare) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CHCR CHCR Center for Health Care Rights ) today announced it has entered into a strategic partnership with Adaptis, a leading provider of Business Process Integration solutions for health payers. Under the agreement, Adaptis will broaden its service offerings to include CompCare's Behavioral Health Benefits Management, Integrated Health Care integrated health care, n healthcare services combining the best of conventional and complementary health care. Management, and Behavioral Disease Management products for substance abuse, ADHD Attention-Deficit/Hyperactivity Disorder (ADHD) Definition Attention-deficit/hyperactivity disorder (ADHD) is a developmental disorder characterized by distractibility, hyperactivity, impulsive behaviors, and the inability to remain focused on tasks or , depression, and pharmacy. "We are delighted to partner with a company as well-respected as Adaptis," said Mary Jane Johnson, CompCare's chief executive officer. "In order to make a difference in a member's overall health, the whole patient must be treated, not just their medical disease. Mental health and chemical dependence disorders impact every aspect of a person's life. CompCare's suite of disease management programs help to bridge the gaps between medical and behavioral care." "The behavioral health management field is an increasingly important one for our clients," said Stanley Glassman, FACHE FACHE Fellow American College of Healthcare Executives , senior vice president and chief business development officer of Adaptis. "By partnering with CompCare, we are confident that we are bringing our clients solutions that are cost-effective, comprehensive and innovative. Most importantly, these solutions provide effective care for their members." About Comprehensive Care Corporation 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. About Adaptis Adaptis is a Business Process Outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in company committed exclusively to healthcare. Adaptis frees healthcare payers from claims and process logistics so they can focus on taking care of members. Headquartered in Seattle, Adaptis has a regional operations center in Yakima, Washington and through its majority-owned subsidiary majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. , Tela Sourcing, Inc., an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 certified international facility in Pune, India. For more information, visit www.adaptisinc.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Certain information included herein and in other Company reports, SEC filings, statements, and presentations is forward looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning the Company's anticipated operating results, financial resources, increases in revenues, increased profitability, interest expense, growth and expansion, and the ability to obtain new behavioral healthcare contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect actual results and cause them to differ materially from expectations expressed herein and in other Company reports, SEC filings, statements, and presentations. These risks and uncertainties include, but are not limited to, changes in local, regional, and national economic and political conditions, the effect of governmental regulation, competitive market conditions, varying trends in member utilization, our ability to manage healthcare operating expenses, our ability to achieve expected benefits from new business, the profitability of our capitated contracts, cost of care, seasonality, and other risks detailed from time to time in the Company's SEC reports. |
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