Comprehensive Behavioral Care Announces New Senior Management Position.Business Editors/Health & Medical Writers TAMPA, Fla.--(BUSINESS WIRE)--June 4, 2002 Comprehensive Behavioral Care, Inc. ("CompCare"), a wholly-owned subsidiary of Comprehensive Care Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CHCR CHCR Center for Health Care Rights ), today announced the appointment of Paul R. McCarthy, Ph.D. to the newly created position of Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Dr. McCarthy has more than 18 years of experience in the behavioral healthcare industry, most recently as Director for CIGNA CIGNA CG (Connecticut General Life Insurance Company) INA (Insurance Company of North America) Behavioral Health's Southeastern Regional Operations. Dr. McCarthy previously worked for CompCare in the role of Senior Vice President of Quality Management and laid the foundation for CompCare's first NCQA NCQA National Committee on Quality Assurance, see there accreditation in 1998. "We are very excited to announce this appointment which will position CompCare for expansion. We are committed to recruiting and retaining talented individuals who will contribute to continued growth," said Mary Jane Johnson, President and Chief Executive Officer. Comprehensive Care Corporation, headquartered in Tampa, Florida, administers and operates behavioral health, substance abuse, and employee assistance programs for governmental agencies and managed care companies throughout the United States. The company serves more than 1,100,000 members nationwide and has a network of approximately 5,600 behavioral health practitioners. "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 local, regional, and national economic and political conditions, the effect of governmental regulation, the competitive environment in which the Company operates, and other risks detailed from time to time in the Company's SEC reports. |
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