Hythiam & CompCare Terminate Merger Agreement; Hythiam Maintains Majority Controlling Interest in CompCare

OPEN MINDS, The Behavioral Health & Social Service Industry Analyst Industry News On May 29, 2007, Hythiam, Inc., and Comprehensive Care Corporation (CompCare) announced they will not merge, but will maintain close operational ties: CompCare will now serve as an administrative services organization (ASO) for Hythiam. The arrangement will provide infrastructure and support for Hythiam’s PROMETA® protocol-based disease management services for managed care entities. Going forward, CompCare will provide ASO services as a stand-alone entity. Hythiam holds a controlling majority interest in CompCare. The merger was announced in early 2007; the decision to terminate the merger was . . .