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PMR ANNOUNCES OPENING OF ITS 26TH FACILITY, EXPANSION INTO COLORADO

 SAN DIEGO, April 29 /PRNewswire/ -- PMR Corp. (NASDAQ: PMRP) today announced that it has opened its 26th facility located in Bakersfield, Calif., in affiliation with San Joaquin Community Hospital. In addition PMR will expand its services into Colorado with its first facility to be located in Denver to be opened within the next 60 days.
 "The Bakersfield facility is our first central valley program, and marks the beginning of our penetration into this broad market," noted Allen Tepper, chief executive officer. "Our strategy within each state that we enter is to create a presence throughout the market with our partial hospitalization programs, and than layer on our new psychiatric home health care and crisis intervention service. This will give us the ability to create the lowest cost alternatives to inpatient psychiatric care available. These steps, coupled with the recent formation of `Collaborative Care,' our answer to managed care for the seriously mentally ill, create for us the ability to foster the recovery of those most in need in the most restrictive of financial environments.
 "As we now approach our fiscal year-end we are excited about our results for the year and believe that we have set the stage for equally impressive growth for our fiscal '94. Our management team continues to believe that the production of quality financial results is solely the function of producing a quality product."
 PMR Corp. is a San Diego-based company which currently manages 26 partial hospitalization facilities in California, Arizona and Indiana, and provides psychiatric home health care services in three major California markets.
 To add names to PMR's fax news service, or for further information call Louise Dougherty at 619-295-2227.
 -0- 4/29/93
 /CONTACT: Louise Dougherty of PMR, 619-295-2227/
 (PMRP)


CO: PMR Corp. ST: California IN: HEA SU:

JB-EH -- SD005 -- 2735 04/29/93 14:17 EDT
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Publication:PR Newswire
Date:Apr 29, 1993
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