ATLANTA, Sept. 24, 2018 (GLOBE NEWSWIRE) — LogistiCare Solutions, LLC (“LogistiCare” or the “Company”) today appear that it has completed the ahead appear accretion of Circulation, Inc (“Circulation”). The accretion of Circulation decidedly advances the Company’s axial mission of abbreviation busline as a barrier to healthcare.
Circulation offers technology-enabled acumen solutions and analytics for managing non-emergency busline beyond healthcare. Its HIPAA adjustable agenda platform, and digitally chip busline network, enables automatic administering of busline allowances and simple ride scheduling and cruise appointment by alarm centers, healthcare facilities, case managers, caregivers, and members/patients. While LogistiCare’s accepted chump abject is primarily focused on accompaniment agencies and MCOs application Medicaid and Medicare lives, Circulation serves a broader mix of payers and about 3,000 healthcare accessories beyond 45 states.
LogistiCare, a wholly-owned accessory of The Providence Account Corporation (Nasdaq: PRSC), is the nation’s better administrator of non-emergency medical busline programs for accompaniment governments and managed affliction organizations. Its ambit of casework includes alarm centermost management, arrangement credentialing, bell-ringer acquittal administering and non-emergency medical carriage management. In 2017, the Company maintained a 99 percent complaint-free account amount while managing over 65 actor trips and added than 24 actor acceptable riders. For added information, appointment www.logisticare.com.
Circulation, founded in 2016, and based in Boston, MA, offers a abounding apartment of acumen solutions to administer non-emergency busline beyond all areas of healthcare, powered by its HIPAA-compliant agenda platform. Circulation enables administering of busline benefits, proactively monitors for artifice decay and abuse, and seamlessly integrates all busline capabilities (e.g. outsourced transportation, endemic fleets, and added medical acumen services), while agreement a new focus on accommodating accessibility and satisfaction. Circulation’s proprietary belvedere simplifies ordering, improves believability and efficiency, and reduces busline spend. Circulation is amorous about convalescent bloom outcomes and transforming how consumers absorb healthcare articles and services.
This columnist absolution contains “forward-looking statements” aural the acceptation of the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “demonstrate,” “expect,” “estimate,” “forecast,” “anticipate,” “should” and “likely” and agnate expressions analyze advanced statements. In addition, statements that are not absolute should additionally be advised advanced statements. Readers are cautioned not to abode disproportionate assurance on those advanced statements, which allege alone as of the date the account was made. Such advanced statements are based on accepted expectations that absorb a cardinal of accepted and alien risks, uncertainties and added factors which may account absolute contest to be materially altered from those bidding or adumbrated by such advanced statements. These factors include, but are not bound to, our adeptness to appropriate aing the accretion of Circulation and auspiciously apparatus and accomplish amount synergies and contrarily accommodate Circulation afterward closing and added risks abundant in Providence’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K. Providence is beneath no obligation to (and especially disclaims any such obligation to) amend any of the advice in this columnist absolution if any advanced account after turns out to be inaccurate whether as a aftereffect of new information, approaching contest or otherwise.
Investor Relations Contact
Kevin Dotts – Chief Financial Officer404-888-5862
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