TAMPA, Fla., April 23, 2013 /PRNewswire/ -- Comprehensive Care Corporation ("CompCare" or the "Company") (OTC BB; CHCR), a leading behavioral health, substance abuse and pharmacy management provider for employers, Taft-Hartley health and welfare Funds, and managed care companies announced today that it has entered into a formal consulting agreement with HMC HealthWorks (HMC). Under the terms of the agreement, HMC will provide strategic consulting support for CompCare's "at-risk" Pharmacy Savings Program, focusing on its integration with care management and wellness programs. CompCare guarantees that its 'at-risk' Pharmacy Savings Program will reduce its clients pharmacy costs by 10% or more. This guarantee is backed by a surety-issued Performance Bond for the full amount of the targeted savings. These savings result from a newly designed pharmacy cost containment delivery program that immediately lowers the overall pharmacy costs. However, the program will not restrict access to needed medications and, in fact, is expected to promote greater medication adherence. The goal is to improve the overall health of CompCare's client's members. "Contracting with HMC led by its founder, Dr. Janis DiMonaco, is a significant step for the Company in furthering, for CompCare's clients, a wellness program. Dr. DiMonaco is one of this nation's leading … Continue reading
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