Company Press Release
OptimumCare Partners With Citrus Valley Medical to Operate Its South El Monte Behavioral Care Program
LAGUNA NIGUEL, Calif.--(BW HealthWire)--Feb. 2, 1999-- OptimumCare Corp. (OTC BB:OPMC) today announced that it is partnering with Citrus Valley Medical Center, a leading non-profit community hospital group with headquarters in Covina, Calif., to operate its partial hospitalization behavioral healthcare program in South El Monte, Calif.
''We're delighted to have Citrus Valley Medical as a partner,'' said OptimumCare's chairman and chief executive officer, Edward A. Johnson. ''Citrus Valley Medical Center's strong and extensive community ties are exactly the kind of host provider that can enhance our growth.''
OptimumCare's behavioral health care program, offering exceptional care delivered by highly qualified and licensed employees, has been in operation at South El Monte for more than four years.
Created in 1987, OptimumCare Corp. provides a wide range of inpatient and outpatient behavioral health services through a network of medical centers, hospitals and community mental health centers.
Certain of the statements made herein constitute forward-looking statements that involve risks and uncertainties, including the risks associated with plans, the effects of changing economic and competitive conditions, government regulation which may affect facilities, licensing, health care reform which may affect payment amounts and timing, availability of sufficient working capital, program development efforts and timing, and market acceptance of new programs which may affect future sales growth and/or costs of operations. Additional information may be obtained by reviewing the company's reports filed from time to time with the SEC.
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