CompCare Engages Services of Matthew Rosen, Ph.D.
Comprehensive Care Corporation (OTCBB:CHCR) (CompCare) today announced it has engaged the consulting services of Matthew A. Rosen, Ph.D. to provide strategic planning, business development and health care data analysis. Dr. Rosen also provides similar sales services for our primary marketing and sales agent, Health Alliance Network, Inc. Dr. Rosen, who holds a Ph.D. from Columbia University, is a 25-year veteran of the managed care industry and has worked for leading payer and provider organizations in various capacities. Currently, Dr. Rosen works with leading companies to provide services for health plans and other payer organizations through his consulting organization. Dr. Rosen has also served as Director of Business Development for TriZetto, a leading technology company, and has held executive positions with NYU Medical Center, Guardian Life Insurance Company of America, Novalis, and Equicor. Dr. Rosen has also taught as an adjunct assistant professor of public health at Columbia University.
Mary Jane Johnson, Chief Executive Officer of CompCare, stated, “Dr. Rosen brings a wealth of knowledge and experience that we believe will prove invaluable in cultivating our business development strategies. I believe Dr. Rosen is a perfect fit for our company and we are pleased to welcome him to our team.”
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 operates regional service centers in Florida, Michigan, and Texas; serves approximately 800,000 covered individuals nationwide; and has a network of approximately 8,000 qualified behavioral health practitioners. With 36 years of experience in the industry, 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.
“Safe Harbor” statement under the Private Securities Litigation Reform Act 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, the profitability of our capitated contracts, cost of care, seasonality, and other risks detailed from time to time in the Company’s SEC reports.