TAMPA, Fla., Aug. 2, 2012 /PRNewswire/ -- Comprehensive Care
Corporation ("CompCare" or the "Company") (OTC BB: CHCR), which
provides behavioral health, substance abuse and psychotropic
pharmacy management services, has retained Ramon Martinez, a U.S. Air Force Lieutenant
Colonel, retired, and leading figure in public management at state,
national and international levels, as senior advisor to the
Company's management. Colonel Martinez will spearhead the
development and implementation of a Company mission, vision and
strategy design, integrating the Company's behavioral health
program with its innovative pharmacy cost containment
program. The goal of this initiative is to maximize the
Company's market share in both behavioral health and pharmacy
management.
"An integral part of the Company's newly designed pharmacy
program is the retaining of top-tiered senior advisors to assist
the Company in this growth initiative," said Clark A. Marcus, Chairman and CEO. "Management
believes that by attracting senior-level business executives to
work with our senior management team as advisors, we enhance our
ability to reach out to and attract the type of accounts who
ultimately benefit the most from the Company's pharmacy
cost-containment program."
"We are delighted to have Colonel Martinez join us as the first
member of our team of senior advisors," continued Mr. Marcus.
"Colonel Martinez's military and public sector background brings a
wealth of experience to the Company, and we look forward to having
him share with us his creative ideas and vision as to how we might
even better enhance our pharmacy initiative. We will also
look forward to working with Colonel Martinez in enlarging the
scope of the market for our pharmacy initiative beyond that already
contemplated by the Company."
Colonel Martinez served a twenty-year military career in the
regular component of the US Air Force, climbing the ranks to become
Combat Crew Commander, Test Director and Program Manager of
Inter-Continental Ballistic Missiles; Assistant Professor of
Philosophy at the US Air Force Academy;
Deputy Secretary of the Inter-American Defense Board; US National
Defense Fellow; Chief of Latin American Strategy of US Southern
Command; and Interim Director of the US Southern Command Washington
Field Office. He currently serves as senior consultant for
XTek Solutions, a national and international consulting firm that
uses advanced techniques to empower customers to sustain healthy
growth.
Colonel Martinez earned a Master of Arts degree in philosophy
from the University of California at Santa
Barbara, a Master's degree in public administration from the
University of Northern Colorado, and a
Bachelor of Arts degree in philosophy and geography from
California State University at Long
Beach.
Colonel Martinez entered the private sector as Vice President at
Genetics & IVF Institute in Fairfax,
VA, later served as Assistant Director of Strategic Planning
at the South Florida Workforce Board, adjunct professor of
philosophy at Miami-Dade Community
College, and as a consultant working on Homeland Security
issues. He also served as president/CEO of Progreso Latino, Inc., the state of Rhode Island's flagship Latino empowerment
agency and largest bilingual, multi-cultural community based
organization.
Colonel Martinez is recipient of the Hispanic American Chamber
of Commerce of Rhode Island Community Leader of 2009; National
Association for the Advancement of Colored People (NAACP)
Providence Branch Thurgood
Marshall Award of 2008; 2008 Service Person of the Year Award of
Sigma Nu Chapter Omega Psi Phi Fraternity, Inc. and The Providence
Phoenix Newspaper Local Hero of 2008. He is vice chair and
co-founder of the Board of Directors of the Rhode Island Mayoral
Academies, and was lauded by the US Secretary of Education as a
nationally unique paradigm for public education excellence with a
mayor-led regional network of public charter schools serving
underserved students. He served as a Trustee of Women and Infants
Hospital and the Board of Directors of Clinica Esperanza/Hope
Clinic, a free health clinic for the uninsured and underinsured of
Rhode Island.
Colonel Martinez said, "Effective behavioral healthcare and
pharmacy services are considered two crucial issues that currently
impact the overall well-being of consumers and the healthcare
economy as a whole. I became interested in CompCare because of its
unique operating model designed to address these issues and
mutually benefit health plans, self-insured companies and
individuals. I am excited to leverage my skills to support
CompCare in becoming a thriving, resilient company that delivers on
the value promised to its customers. I am also excited to be
working with a highly experienced management team who are committed
to driving CompCare's growth and competitive market edge. My goal
is to work with the management team to introduce a resonating
mission, guiding principles, and corporate strategy that propel the
Company to the next level."
About CompCare:
Established in 1969, CompCare provides behavioral health,
substance abuse and psychotropic pharmacy management services for
managed care companies throughout the
United States. Headquartered in Tampa, Florida, 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. For more information, please call 813-288-4808 or
visit our website at www.compcare.com .
Forward-Looking Statements
Except for statements of historical fact, the matters
discussed in this press release are forward looking and made
pursuant to the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
reflect numerous assumptions and involve a variety of risks and
uncertainties, many of which are beyond CompCare's control that may
cause actual results to differ materially from stated expectations.
These risk factors include, among others, the ability of CompCare
to maximize its market share with new pharmacy initiatives, the
ability of CompCare and its staff to execute its business
plan, the ability of CompCare to offer and sell any of its
products at a profit, 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,
our ability to achieve expected results from new business, the
profitability, if any, of our capitated contracts or other
products, increases or variations in cost of care, seasonality,
CompCare's ability to obtain additional financing, increased
outsourcing of behavioral health services, and additional risk
factors as discussed in the reports filed by the company with the
Securities and Exchange Commission, which are available on its
website at www.sec.gov. Any forward- looking statement in this
release speaks only as of the date on which it is made. CompCare
assumes no obligation to update or revise any forward-looking
statements.
SOURCE Comprehensive Care Corporation