CompCare doubles revenues

TAMPA — Comprehensive Care Corp., a Tampa-based behavioral health care provider, more than doubled its annual revenue in 2011 compared with the previous year, according to a filing with the Securities and Exchange Commission.

In the filing, CompCare reported $71.2 million in sales for 2011, up from $35.21 million in sales for 2010.

CompCare Chairman and CEO Clark Marcus said in a statement that the increased revenue resulted from the company's reinvestment of top-line revenues the past two years. Marcus said to increase sales, the company has expanded its provider network, developed additional products and become more aggressive in pursuing the Medicare market. He said the latter is an area where the company expects to see increased demand from America's aging population.