After interviewing a few management members of mining companies, it’s time to broaden our horizon again. To do so, we interviewed Mr. Clark A. Marcus, the Chairman and CEO of Comprehensive Care Corporation (CHCR – $0.20).
Comprehensive Care provides behavioral health, substance abuse and psychotropic pharmacy management services throughout the United States. During the first nine months of 2011, it grew its revenues by 212% to $54 million, compared with the same period in 2010.
Adding to the excitement, Mr. Marcus explains the recently launched pharmacy management program in cooperation with Wal-Mart, which can save tens of millions of dollars annually for both private and governmental entities.
The CEO shares with us that if the Company continues to offer its current services, it will become profitable in 2012, but with the pharmacy management program included, “the world changes for the Company”.
CompCare’s management team is also introduced as the executive describes the backgrounds of the Company’s key players. Mr. Marcus adds that he and his team have invested over $22 million of their own money since they took over the Company a few years ago.
Our thorough interview with Mr. Marcus helps any investor to become more familiar with Comprehensive Care, which currently has a market cap of less than $12 million.
Our interview is available in a convenient transcript format and you can listen to our interview with Mr. Marcus by clicking the play button on the media player below. We’d love to hear your comments or questions.