Navigation Links
Providence Service Corporation Does Not Expect California Budget Issues to Materially Impact Its Business in the State
Date:7/7/2009

TUCSON, Ariz., July 7 /PRNewswire-FirstCall/ -- The Providence Service Corporation (Nasdaq: PRSC) today commented on recent budget discussions in California as part of the state's attempt to close its large budget deficit.

"As we have stated previously, given that our programs in California are primarily funded by Medicaid and the Mental Health Services Act (Proposition 63 of 2004), we do not expect to experience material funding issues for our California book of business," said Fletcher McCusker, Chairman and CEO. "Also, any delay in payments from the state to our county payers should typically not impact our recognition of revenue for services we provided."

As previously reported, in May 2009, California voters rejected several of the Governor's budget propositions. Chief among these special election referendums was Proposition 1E, which would have amended the Mental Health Services Act to allow the Governor to redirect funds, for a two-year period, from mental health services for children and young adults. The Federal Court has also issued a permanent injunction preventing Medicaid cuts in the state.

About Providence

The Providence Service Corporation, through its owned and managed entities, provides home and community based social services and non-emergency transportation services management to government sponsored clients under programs such as welfare, juvenile justice, Medicaid and corrections. Providence does not own or operate beds, treatment facilities, hospitals or group homes, preferring to provide services in the client's own home or other community setting. The Company provides a range of services through its direct and managed entities to over 81,000 clients through 1,019 contracts at March 31, 2009, with an estimated 6.7 million individuals eligible to receive the Compan
'/>"/>

SOURCE The Providence Service Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Providence Service Corporation Announces Certified Voting Results of Annual Meeting of Stockholders
2. Providence Tarzana Surgeon First in U.S. to Use New State-of-the-Art Imaging Tool
3. 200+ New Jobs Now Available at Providence Point
4. Providence Service Corporation Announces Preliminary Results of Annual Meeting of Stockholders
5. RiskMetrics Recommends That Providence Service Corporation Stockholders Vote for Providences Director Nominees on the White Proxy Card
6. PROXY Governance and Glass Lewis Recommend That Stockholders Vote the White Proxy Card in Support of All Providence Nominees
7. Providence Service Corporation Issues Letter to Stockholders
8. Providence Service Corporation Rebuts False and Misleading Statements Contained in Proxy Statement Filed by the Avalon Group
9. Providence Service Corporation Makes Its Spring 2009 Presentation Publicly Available
10. Providence Service Corporation Announces Record Revenues and Earnings in the First Quarter of 2009
11. Providence Service Corporation to Report First Quarter 2009 Results on Wednesday, May 6th After the Market Closes
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/7/2015)... ... July 07, 2015 , ... U.S. Rep. Mike Thompson (D-CA ... of telehealth services available to Medicare beneficiaries. Thompson’s bill, the Medicare Telehealth Parity ... Black (R-TN 6) and Peter Welch (D-VT). , “This bi-partisan legislation takes an ...
(Date:7/7/2015)... ... July 07, 2015 , ... The plastic surgery clinic of ... cosmetic surgery industry with its commitment, teamwork, and dedication — all keys to ... is committed to patient safety, world-class results, and compassionate care. With a determined ...
(Date:7/7/2015)... York, NY (PRWEB) , ... July 07, 2015 , ... ... thing that can help pass those long, stressful days at work is knowing that ... aren’t always as laid back and stress free as imagined. Planning for a vacation ...
(Date:7/7/2015)... ... July 07, 2015 , ... The United States Centers for Disease Control and ... and the Multicultural AIDS Coalition $3.78 million for a five-year HIV prevention ... men (MSM) and transgender women, the groups at highest risk of HIV infection ...
(Date:7/7/2015)... ... , ... SC&H Group, a leading audit, tax, and consulting firm, recently hosted ... through company-wide volunteering efforts. , On an annual basis, in coordination with Business ... need throughout Baltimore and Washington D.C. , This year, SC&H Group’s team ...
Breaking Medicine News(10 mins):Health News:The American Telemedicine Association Supports Legislation to Expand Medicare Coverage for Telemedicine Services 2Health News:Top Plastic Surgery Provider in Brazil Joins VisitandCare.com 2Health News:Top Plastic Surgery Provider in Brazil Joins VisitandCare.com 3Health News:Difass USA Offers Eight Tips to Help Relax and Enjoy Summer Vacation 2Health News:Difass USA Offers Eight Tips to Help Relax and Enjoy Summer Vacation 3Health News:CDC Awards Fenway Health, AIDS Action, Multicultural AIDS Coalition $3.78m For ‘Getting To Zero’ HIV Prevention Partnership 2Health News:CDC Awards Fenway Health, AIDS Action, Multicultural AIDS Coalition $3.78m For ‘Getting To Zero’ HIV Prevention Partnership 3Health News:SC&H Group Celebrates 9th Annual Day of Service 2
... for Research Resources, part of the National Institutes of ... grant to study the prevention and treatment of skeletal ... of Biomedical Research Excellence (COBRE) for Skeletal Health and ... team of scientists with its academic partner, The Warren ...
... Partnership for Women &,Families, WASHINGTON, Oct. 29 ... President of the National Partnership,for Women & Families:, ... Andrew,Cuomo and Cigna Healthcare to improve reporting of physician ... and will set a standard for,other health plans around ...
... Organic Trade,Association (OTA) today hailed preliminary findings from ... organic foods are more,nutritional than their non-organic counterparts., ... helps prove what many in the,organic sector believe ... said Caren Wilcox, OTA,s Executive Director, on learning ...
... study published in the November,2007 edition of the Plastic ... completed a study using the Brava System increased,their breast ... size. This key,finding was based on a medical study, ... and Alexandra Kaider, M. Sc. The study is titled,The ...
... which discovers and develops novel antiviral therapeutics as ... Steven D.,Skolsky as its President and Chief Executive ... the Board of Directors. "Sequoia is pleased ... Steven Skolsky," said Chris Mirabelli, Chairman of the ...
... Proven Disinfectant Products Is A Key Element To ... May Not Be As Effective, WASHINGTON, Oct. ... schools throughout the country serves as an important,reminder ... targeted,disinfection of buildings where a large number of ...
Cached Medicine News:Health News:Rhode Island Hospital lands $11.1M grant from National Institutes of Health 2Health News:Rhode Island Hospital lands $11.1M grant from National Institutes of Health 3Health News:Rhode Island Hospital lands $11.1M grant from National Institutes of Health 4Health News:Rhode Island Hospital lands $11.1M grant from National Institutes of Health 5Health News:The Organic Trade Association Hails Preliminary Research Findings Showing Nutritional Benefits of Organic Products 2Health News:Newly Published Study in Leading Medical Journal Further Confirms the Brava System's Non-Surgical Breast Enhancement Effectiveness 2Health News:Sequoia Pharmaceuticals Announces Appointment of Steven D. Skolsky as Chief Executive Officer 2Health News:Spate of Staph Infections Highlight the Need for Thorough, Consistent Cleaning Regimen at Home, at School and at Work 2
(Date:7/7/2015)... NEW YORK , July 7, 2015 /PRNewswire/ ... Welch Allyn for $2 billion in cash and ... competitive patient monitoring market, according to Kalorama Information. ... heretofore participated in the medical device and advanced ... maker of hospital beds, patient lifting devices, and ...
(Date:7/7/2015)... 7, 2015 According to ... Medicine/Radiopharmaceuticals Market by Type (Diagnostic (SPECT - Technetium, ... Alpha Emitters, Brachytherapy - Y-90), by Application (Oncology, ... by MarketsandMarkets, this report studies the global Nuclear ... to 2020. This market is expected to reach ...
(Date:7/7/2015)... July 7, 2015 A power morcellator lawsuit ... been settled for an undisclosed amount, Bernstein Liebhard LLP ... in March 2014 in the U.S. District Court, Eastern ... of a widower whose wife had died in February ... hysterectomy that involved the use of a power morcellator. ...
Breaking Medicine Technology:Kalorama: Hill-Rom Enters Monitoring Market with Welch Allyn Purchase 2Kalorama: Hill-Rom Enters Monitoring Market with Welch Allyn Purchase 3Nuclear Medicine/Radiopharmaceuticals Market Worth $6.96 Billion by 2020 2Nuclear Medicine/Radiopharmaceuticals Market Worth $6.96 Billion by 2020 3Nuclear Medicine/Radiopharmaceuticals Market Worth $6.96 Billion by 2020 4Lina Medical, Power Morcellator Lawsuit Plaintiff Reach Settlement in Case Scheduled for November Trial, Bernstein Liebhard LLP Reports 2Lina Medical, Power Morcellator Lawsuit Plaintiff Reach Settlement in Case Scheduled for November Trial, Bernstein Liebhard LLP Reports 3
... 2011 Today, Osseon® Therapeutics, Inc. launched the ... in Osseon,s suite of minimally invasive products for ... (Photo:   http://photos.prnewswire.com/prnh/20110901/SF61461 ) The Osseoflex ... vertebral body. The Osseoplasty™ procedure offers unparalleled flexibility ...
... N.Y., Sept. 1, 2011 Polar ( www.polarusa.com ), ... technologies, today introduced the Polar Move . The ... needs of the education market. Its introduction solidifies Polar ... building on the success of schools who have used ...
Cached Medicine Technology:Osseon® Announces Commercial Release of Osseoflex®SN (Steerable Needle) 2New Polar Move Heart Rate Monitor for Students Facilitates Effective and Safe Physical Education 2New Polar Move Heart Rate Monitor for Students Facilitates Effective and Safe Physical Education 3New Polar Move Heart Rate Monitor for Students Facilitates Effective and Safe Physical Education 4
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
Medicine Products: