UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT,
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): February 3, 2004 (February 1, 2004)
COMPREHENSIVE CARE CORPORATION
(Exact Name of Registrant as Specified in Charter)
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| Delaware | | 1-9927 | | 95-2594724 |
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| |
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(State or Other Jurisdiction
of Incorporation) | | (Commission File
Number) | | (I.R.S. Employer
Identification No.) |
| | | |
200 South Hoover Boulevard
Building 219, Suite 200
Tampa, Florida | | 33609 |
| |
|
| (Address of Principal Executive Offices) | | (Zip Code) |
Registrant’s telephone number, including area code:(813) 288-4808
N/A
(Former name or former address, if changed since last report)
Item 5. Other Events and Required FD Disclosure.
On February 3, 2004, the Company announced that each of its three former Children’s Health Insurance Program (CHIP) contracts with Texas HMOs have been reinstated effective February 1, 2004. The CHIP mental health benefits had been significantly reduced in September 2003 due to State budget issues that have since been resolved. In addition, the Company announced that it has been awarded one additional CHIP contract by a new HMO client in Texas that was also effective February 1, 2004 and that, collectively, these four contracts serve approximately 140,000 lives and are expected to generate annual gross revenues of approximately $4.3 million to the Company. A copy of the Company’s press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 7. Exhibits.
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| Exhibit | | Description |
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|
| 99.1 | | Press release dated February 3, 2004 announcing the restoration of Texas CHIP business and one new HMO client in Texas. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | COMPREHENSIVE CARE CORPORATION |
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| | | By: | | /s/ Robert J. Landis |
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| | | | | Name: Robert J. Landis
Title: Chairman of the Board, Chief Financial Officer and Treasurer |
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| Date: February 3, 2004 | | | | |
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