Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective September 19, 2008, the Board of Directors of Continucare Corporation (the "Company") appointed Ms. Jacqueline Simkin to serve as a director of the Company. In addition, Ms. Simkin was appointed a member of the Audit Committee and Compensation Committee of the Board of Directors. There were no arrangements or understandings pursuant to which Ms. Simkin was appointed as a director, and there are no related party transactions between the Company and Ms. Simkin reportable under Item 404(a) of Regulation S-K. A copy of the Company's press release announcing the appointment of Ms. Simkin to the Board of Directors is attached hereto as Exhibit 99.1.

Ms. Simkin, 65, has been the owner and president of Simkin Management Inc., an investment management firm that invests in public and private companies, from 1996. She was a member of the boards of Alpnet Inc., and Thompson Nutritional Technology Inc. from mid 1998 through mid 2000. From 1987 to 1995, Ms. Simkin served on the Board of Directors of the Intercontinental Bank and was the Chairperson and Chief Executive Officer of The Denver Brick Company from March 1999 through August 2001. Prior to that she had held various positions in the The Denver Brick Company. Ms. Simkin was a Real Estate Developer from 1976 to 1986 and is a retired member of the British Colombia Bar Association.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number Description
99.1 Press release of the Company, dated September 25, 2008.

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