Comprehensive Care Corporation Receives NCQA, Full Accreditation.Business Editors/Health & Medical Writers TAMPA, Fla.--(BUSINESS WIRE)--Jan. 8, 2001 Comprehensive Care Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CHCR CHCR Center for Health Care Rights ) today announced that its behavioral healthcare subsidiary, Comprehensive Behavioral Care Corporation - Southeast Region ("CompCare") has been awarded a Full Accreditation from the National Committee for Quality Assurance National Committee for Quality Assurance Medical practice A private, not-for-profit organization which has become the leading accreditor of managed care plans; in site visits, NCQA reviewers evaluate a managed care plan in terms of quality management, physicians' ("NCQA NCQA National Committee on Quality Assurance, see there ") for its HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, Commercial, HMO Medicaid, HMO Medicare and ASO ASO arteriosclerosis obliterans. ASO 1 Administrative services organization, see there 2 Allele-specific–oligonucleotide hybridization 3 Anti-streptolysin O, see there Commercial product lines under NCQA's standards for managed behavioral healthcare organizations ("MBHOs"). Full Accreditation is granted for a period of three years to those plans that have excellent programs for continuous quality improvement and that meet NCQA's rigorous standards. "We are extremely pleased to receive this three-year, Full Accreditation from NCQA," stated Mary Jane Johnson, CompCare's President and Chief Executive Officer. "This accreditation was earned by our staff's dedicated efforts and commitment to provide the highest quality care to our clients and their members." NCQA, is an independent, not-for-profit organization dedicated to measuring the quality of America's health care. The NCQA process is a voluntary review that allows NCQA to evaluate all aspects of the MBHO's delivery system and its ability to continuously improve care for its members. NCQA's Standards for Accreditation are intended to help organizations achieve the highest level of performance possible, reduce patient risk for untoward outcomes, and create an environment of continuous improvement. There are approximately 60 standards for NCQA accreditation of an MBHO MBHO Managed Behavioral Healthcare Organization developed with input from employers, managed care organizations, state and federal regulators, MBHOs and other experts. Comprehensive Care, headquartered in Tampa, Florida, administers and operates behavioral health, substance abuse, and employee assistance programs for governmental agencies and managed care companies throughout the U.S. The company has approximately 700,000 members and a network of approximately 4,000 behavioral health practitioners. "Safe Harbor" 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: Except for historical information, the matters discussed in this news release that may be considered forward-looking statements may be subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected, including uncertainties in the market, pricing, competition, procurement efficiencies, and other risks detailed from time to time in the Company's SEC reports. The Company assumes no obligation to update the information in this release. |
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