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PMR COMPLETES MANAGED CARE PRODUCT ACQUISITION

 SAN DIEGO, April 14 /PRNewswire/ -- Psychiatric Management Resources Corp. (NASDAQ: PMRP) (PMR) has completed the previously announced acquisition of a managed care service system model designed by William Anthony, Ph.D., and Mikal Cohen, Ph.D., of Co-A-Les Corp. of Boston. The program model is designed to assist persons with a serious and persistent mental illness to advance through the treatment and recovery process in a cost-containment environment. PMR has formed a subsidiary, Collaborative Care Inc., to develop and market the model to federal, state and county governments, as well as to managed care companies which serve persons who are high utilizers of mental health services.
 The agreement, among other provisions, provides for Co-A-Les to receive up to 294,000 shares of PMR common stock depending upon the pre-tax earnings of Collaborative Care during the next four years.
 "Achieving increased access to care while containing costs is the challenge of the '90s," noted Allen Tepper, chief executive officer of PMR. "We believe that the Anthony and Cohen Model will accomplish both objectives by increasing mental health consumers' rehabilitation prospects and reducing dependence on expensive modes of care."
 Anthony added that "in choosing the concept of Collaborative Care, we are recognizing the mental health consumers' involvement in their own health care is critical to their recovery and to moving out of costly, intensive service settings and into less costly, community living settings."
 PMR Corp. is a San Diego-based company which currently manages 25 partial hospitalization facilities in affiliation with acute care hospitals in California, Arizona and Indiana.
 To add names to the company's fax news service, or for further information, call Louise Dougherty at 619-295-2227.
 -0- 4/14/93
 /CONTACT: Louise Dougherty of PMR, 619-295-2227/
 (PMRP)


CO: Psychiatric Management Resources Corp. ST: California IN: HEA SU: TNM

BP-EH -- SD004 -- 0753 04/14/93 17:00 EDT
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Date:Apr 14, 1993
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