TAMPA, Fla., March 8, 2012 /PRNewswire/ -- Comprehensive Care Corporation (CompCare) (OTC BB: CHCR), which provides behavioral health, substance abuse and at-risk psychotropic pharmacy management services for managed care companies throughout the U.S. and Puerto Rico, is pleased to announce that it has signed an amendment to its existing at-risk pharmacy management agreement with a major client serving Medicare members. CompCare received an 11% rate increase which equates to an annual increase of no less than $3.7 million based on our client's current membership. The rate increase has an effective date of January 1, 2012. "The rate increase, along with other initiatives being taken by the Company, results in our Puerto Rico subsidiary achieving immediate profitability starting January 1, 2012," said Clark A. Marcus, CompCare's Chairman and CEO. Additionally, the client extended the initial two-year term of the contract by an additional three months to December 31, 2012. 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 … Continue reading →

Pembroke Pines residents stood in line in the rain this morning while they waited for the new Navarro Discount Pharmacy store to open in the Westfork Plaza. The new 16,000-square-foot store, located at 15825 Pines Blvd., is the companys first location to open in Broward County since the closure of a previous store more than three years ago. They have products that Walgreens and CVS doesnt have, said Migdalia Prater, a longtime Navarro Discount Pharmacy shopper. Opening a store here was the best idea. Prater said she would drive nearly a half hour south to Hialeah to shop at the Navarro store there once the former Pembroke Pines store closed. They have the best Spanish products that no one else has, she said. And the prices are always good. Each store sells pharmacy supplies, personal care and household products, limited grocery selections, some electronics and has a fragrance counter. Navarro Discount Pharmacy stores also offer photo processing services and sell cell phones from a select few major service providers. The pharmacy also sells its own private label brand called Vida Mia inside the Pembroke Pines store. Vida Mia product information is listed in English and Spanish on labels. View post: … Continue reading →

Recently, CVS Caremark (NYSE:CVS - News) along with Harvard University and Brigham and Women's Hospital, conducted an extensive research on health policy and came up with some new ways to save more money while being treated. Through the study, they pointed out the importance of a single pharmacy home for pharmacy customers. According to the research data, patients using a single pharmacy are more likely to connect with their own pharmacists on a regular basis. The researchers consider this twice as effective as taking prescribed medications and this will automatically reduce health care costs by thousands of dollars annually. This is more applicable to patients aging over 65 years who take two to three times more prescription medications than others. Around 10,000 people per day are expected to enter into the 65 years age group in the U.S. in the next 8 years. As a result, down the line, this pharmacy home concept of CVS is expected to gain more importance. CVS is gradually gearing up its performance in the field of Pharmacy Services. After a sluggish phase in fiscal 2010, the company exhibited improved performance in this segment throughout 2011 and has started off the 2012 selling season on … Continue reading →