ModivCare Inc. (Nasdaq: MODV), previously known as The Providence Service Corporation, wants to claim the vast but highly fragmented U.S. supportive care space. To do so, it’s in the process of becoming a one-stop shop for its payer partners, with home-based care at the core of its evolving business model, President and CEO Daniel Greenleaf […]
The Providence Service Corporation (Nasdaq: PRSC), one of the nation’s largest managers of non-emergency medical transportation programs, has entered into a definitive agreement to acquire home-based care organization Simplura Health Group. Expected to close in the fourth quarter of this year, the all-cash transaction places an enterprise value of $575 million on Simplura, which is […]
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