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State of New Jersey Announces Intent to Award $50 Million Annual Transportation Contract to Providence's LogistiCare Subsidiary
Date:11/7/2008

TUCSON, Ariz. and ATLANTA, Nov. 7 /PRNewswire-FirstCall/ -- The Providence Service Corporation (Nasdaq: PRSC) today announced that its LogistiCare subsidiary, the nation's largest coordinator of non-emergency transportation (NET) services, has received notice from the New Jersey Department of Human Services (DHS), Division of Medical Assistance and Health Services (DMAHS), of its intent to award a contract to manage its non-emergency transportation program for Medicaid recipients.

The contract, which will not be official until after the protest period, has an annual value of approximately $50.0 million. The award is also subject to finalized contracts and various processing procedures. The contract has a three-year term with two one-year renewal options.

"We are extremely pleased to be able to have the chance to serve New Jersey's Medicaid population," said John Shermyen, LogistiCare's CEO. "We look forward to working with the state and our transportation providers to deliver quality service to these families in the most efficient and cost effective manner."

About LogistiCare

LogistiCare is the nation's leading Medicaid transportation management solution. Proprietary software, innovative management strategies, and a proven record of creating budget stability and quality improvements for our clients distinguish LogistiCare as the leader in its field. From its corporate office just outside Atlanta and its numerous state-based operations nationwide, LogistiCare manages a national network of more than 1,100 transportation companies that provide more than 17 million trips to customers annually. LogistiCare's clients have included state Medicaid agencies, school boards, transit authorities, hospital systems and many
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SOURCE Providence Service Corporation
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