Providence Service Corp

Stock Symbols
NASDAQ
:
PRSC
company headquarters
USA
ISSUES

A US healthcare corporation that provides medical transportation to prisons.

Providence Service Corporation is a publicly-traded health services corporation based in Stamford, Connecticut. Providence’s 2018 revenue was $1.38 billion.

As of 2019, Providence provides medical transport for prisons through its subsidiary LogistiCare, according to Worth Rises.

Past Involvement in Community Corrections

Until 2015, Providence Service Corporation was involved in community corrections by providing adult probation, youth probation, and foster care services in the U.S. Providence’s probation programs followed a “user-funded” model, generating revenue by charging people on probation monthly “supervision fees.” When people on probation were unable to pay these fees, the company had them arrested, even though debtors prisons are unconstitutional.

In 2015, Providence sold its subsidiaries that were involved in community corrections, Providence Human Services and Providence Community Services, to Molina Healthcare. Providence was still involved in prison reentry services, but in 2018 sold this business segment, Workforce Development Services, to Advanced Personnel Management (APM) of Australia.

Providence has a long history of lawsuits related to its past community corrections activities. In 2015, civil rights group Equal Justice Under Law filed a lawsuit against the company in Tennessee on behalf of seven people on probation. The lawsuit alleged that Providence had violated racketeering laws by jailing poor people who failed to pay court fines for traffic violations and misdemeanor offenses. According to the New York Times, the people filing the lawsuit, “many of them sick or disabled and living on as little as $129 a month in food stamps, say they lost housing, jobs and cars, sold their blood plasma and went without food after repeated threats by the company that they would be jailed if they could not pay.” The company settled the case in 2017.

This profile was last updated on
11 October 2019