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Management Newsletter Article | March 31, 1990

CompCare Posts Third Quarter Loss

By Market Intelligence Team

OPEN MINDS The Behavioral Health & Social Service Industry Analyst Industry News Comprehensive Care Corporation of Chesterfield, Missouri posted a $20.6 million loss in its third quarter ending February 28, 1990. The company had a profit in the same period a year ago. The company revenues for the quarter declined to $31.4 million from $51.8 million the previous year. According to an article in the May 7, 1990 issue of Health Week, CompCare attributed most of the loss to the sale or closure of facilities in California, Missouri, and Florida, which resulted in a $14.2 million . . .

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