OTC Healthcare Stock Snapshot : Comprehensive Care (OTCBB: CHCR) Second Quarter Revenue Expected at $18 Million with Profits
Healthcare stock spotlight at Investorideas.com:.InvestorIdeas.com, a global investor research portal for independent investors, releases a company snapshot for microcap Healthcare Stock, Comprehensive Care Corporation (OTCBB: CHCR).Â The small OTC Company recently made headlines reporting that Florida Trend magazine has ranked CompCare one of the top three big movers among publicly-traded companies in Florida.
Healthcare stock spotlight at Investorideas.com:.InvestorIdeas.com, a global investor research portal for independent investors, releases a company snapshot for microcap Healthcare Stock, Comprehensive Care Corporation (OTCBB: CHCR).Â The small OTC Company recently made headlines reporting that Florida Trend magazine has ranked CompCare one of the top three big movers among publicly-traded companies in Florida. Â The Company expects to report a profit for the second quarter of 2012, with revenues for the quarter of approximately $18 million.Â Revenues for the same quarter in 2011 were $18.6 million.Â However, during that quarter, the Company posted a loss of $4 million.What the analysts say: Research from SmallCaps.Us and Breakdown and Highlights on CHCRÂ Â Â Revenues quintupled to $71 million in fiscal year 2011, up from $14 million in 2009. In 2012, the Company is focusing on digesting all its revenue growth and returning to profitability. So far it has been very successful in doing so. In the first quarter of 2012, earnings almost doubled to $80,000, compared with $41,000 in the same period last year. And for the second quarter, which ended a few days ago, the management expects to be profitable whereas it posted a loss of almost $4 million in the second quarter of 2011.Moreover, because the behavioral healthcare services industry is very price competitive, the Company sought and found a way to get into the higher margin commercial pharmaceuticals delivery market. CompCare contracts with PBMs to obtain the lowest possible prices for both branded and generic drugs, which results in significant cost savings for CompCareâ€™s clients." Source and Opinion of: * http://www.smallcaps.usServices Bridging the gap between medical and behavioral care through behavioral pharmacy data analysis and intervention.Â CompCare's newest product provides an opportunity to improve member outcomes and reduce healthcare costs through proactive intervention and education. The BRIDGETM offers innovative products to HMOs, PPOs, and IPAs who struggle with a cost/quality equation, but have not traditionally Managed Behavioral healthcare.About CompCare (OTCBB: CHCR) 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 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.Profile page at Investorideas.com http://www.investorideas.com/CO/CHCR/About InvestorIdeas.com:InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.Sign up for the free investor news and stock alerts http://www.investorideas.com/Resources/Newsletter.aspFollow Investorideas.com on Twitter http://twitter.com/#!/InvestorideasFollow Investorideas.com on FacebookÂ Â http://www.facebook.com/InvestorideasDisclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.aspAll investment involves risk. The opinion of smallcaps.us is not the opinion or research of Investorideas.com Disclosure: Investorideas.com is compensated for publishing and distributing news for CHCR: four thousand for one month by third party IR firm BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894Source â€“ Investorideas.comÂ 800-665-0411
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