I have never kept Phyllomedusa bicolor, but I do keep P. hypochondrialis and Agalychnis callidryas. I would assume you would keep P. bicolor like you would those frogs, but in a much bigger enclosure. Also be warned they are on the expensive side.
For care info see - http://www.frogforum.net/frog-toad-c...heet-Info.html