Providence Expands into Home Care Segment with Accretive Acquisition of Simplura Health Group
— Creates Nation’s Preeminent Social Determinants of Health Company — — Significantly Expands Addressable Market in a Large, Rapidly Growing Adjacency — — Immediately Accretive to Growth, Margins and Adjusted Earnings Per Share — ATLANTA–(BUSINESS WIRE)–Sep. 29, 2020– The Providence Service Corporation (“Providence” or the “Company”) (Nasdaq: PRSC), the nation’s largest manager of non-emergency medical… Continue Reading Providence Expands into Home Care Segment with Accretive Acquisition of Simplura Health Group
Providence to Report Second Quarter 2020 Financial Results and Host Conference Call on Thursday, August 6, 2020
ATLANTA–(BUSINESS WIRE)–Jul. 29, 2020– The Providence Service Corporation (“Providence” or the “Company”) (Nasdaq: PRSC), the nation’s largest provider of non-emergency medical transportation programs and holder of a minority interest in Matrix Medical Network, today announced that the Company is scheduled to report financial results for the second quarter ended June 30, 2020 on Thursday, August… Continue Reading Providence to Report Second Quarter 2020 Financial Results and Host Conference Call on Thursday, August 6, 2020
Providence to Present at the 20th Annual CJS Securities New Ideas Summer Conference
ATLANTA–(BUSINESS WIRE)–Jul. 7, 2020– The Providence Service Corporation (“Providence” or the “Company”) (Nasdaq: PRSC), the nation’s largest provider of non-emergency medical transportation programs and holder of a minority interest in Matrix Medical Network, today announced that Dan Greenleaf, President and Chief Executive Officer, and Kevin Dotts, Chief Financial Officer, are scheduled to present at the… Continue Reading Providence to Present at the 20th Annual CJS Securities New Ideas Summer Conference
Providence Announces Strategic Conversion Agreement with Holder of Majority of Series A Convertible Preferred Stock
ATLANTA, June 08, 2020 (GLOBE NEWSWIRE) — The Providence Service Corporation (“Providence” or the “Company”) (Nasdaq: PRSC), the nation’s largest provider of non-emergency medical transportation (“NEMT”) programs and holder of a minority interest in Matrix Medical Network, today announced that the Company has entered into a strategic Conversion Agreement with Coliseum Capital Management, LLC (“Coliseum”),… Continue Reading Providence Announces Strategic Conversion Agreement with Holder of Majority of Series A Convertible Preferred Stock
Providence Service Corporation Declares Cash Dividend on Convertible Preferred Stock
ATLANTA, June 03, 2020 (GLOBE NEWSWIRE) — The Providence Service Corporation (Nasdaq: PRSC) today announced that its Board of Directors has declared a cash dividend on its 5.5%/8.5% Series A convertible preferred stock. The dividend is payable on July 1, 2020 to holders of record as of 5:00 p.m. ET on June 15, 2020. The… Continue Reading Providence Service Corporation Declares Cash Dividend on Convertible Preferred Stock
Providence to Present at the Jefferies Virtual Healthcare Conference
ATLANTA, May 26, 2020 (GLOBE NEWSWIRE) — The Providence Service Corporation (“Providence” or the “Company”) (Nasdaq: PRSC), the nation’s largest provider of non-emergency medical transportation (“NEMT”) programs and holder of a minority interest in Matrix Medical Network, today announced that the Company is scheduled to present at the Jefferies Virtual Healthcare Conference on Thursday, June… Continue Reading Providence to Present at the Jefferies Virtual Healthcare Conference
LogistiCare Announces Acquisition of National MedTrans
ATLANTA, May 07, 2020 (GLOBE NEWSWIRE) — The Providence Service Corporation (“Providence” or the “Company”) (Nasdaq: PRSC) today announced that on May 6, 2020, its subsidiary, LogistiCare Solutions, LLC (“LogistiCare”), acquired National MedTrans, LLC (“National MedTrans”), comprised of its ongoing contractual relationships to provide non-emergency medical transportation (“NEMT”), from Specialty Benefits, LLC. National MedTrans’ contractual… Continue Reading LogistiCare Announces Acquisition of National MedTrans
Providence to Report First Quarter 2020 Financial Results and Host Conference Call on Thursday, May 7
TLANTA, April 30, 2020 (GLOBE NEWSWIRE) — The Providence Service Corporation (“Providence” or the “Company”) (Nasdaq: PRSC), the nation’s largest provider of non-emergency medical transportation (“NEMT”) programs and holder of a minority interest in Matrix Medical Network, today announced that the Company is scheduled to report financial results for the first quarter ended March 31,… Continue Reading Providence to Report First Quarter 2020 Financial Results and Host Conference Call on Thursday, May 7
LogistiCare Appoints Kenneth W. Wilson as Chief Operating Officer
ATLANTA, April 15, 2020 (GLOBE NEWSWIRE) — The Providence Service Corporation (“Providence” or the “Company”) (Nasdaq: PRSC) today announced that its subsidiary, LogistiCare Solutions, LLC (“LogistiCare”), has appointed Kenneth (“Kenny”) W. Wilson as the Chief Operating Officer of LogistiCare, effective May 4, 2020. Mr. Wilson will replace LogistiCare’s Acting Chief Operating Officer, Albert Cortina, who… Continue Reading LogistiCare Appoints Kenneth W. Wilson as Chief Operating Officer
The Providence Service Corporation Announces Authorization of $75 Million Stock Repurchase Program
ATLANTA, March 12, 2020 (GLOBE NEWSWIRE) — The Providence Service Corporation (“Providence” or the “Company”) (Nasdaq: PRSC), the country’s largest provider of non-emergency medical transportation (“NEMT”) programs and holder of a minority interest in Matrix Medical Network, today announced that its Board of Directors has approved a $75 million stock repurchase program (the “New Stock… Continue Reading The Providence Service Corporation Announces Authorization of $75 Million Stock Repurchase Program