ModivCare (NASDAQ: PRSC)

ModivCare Return vs. S&P

ModivCare Company Info

ModivCare, Inc. engages in the provision of technology-enabled services, which offer integrated supportive care solutions for public and private payors and their patients. It operates through the following business segments: Non-Emergency Medical Transportation (NEMT), Personal Care, Remote Patient Monitoring (RPM), and Corporate and Other. The NEMT segment operates under the brands ModivCare Solutions, LLC and Circulation, and includes the company’s activities for executive, accounting, finance, internal audit, tax, legal, certain strategic and development functions and the company's insurance captive. The Personal Care segment consists of non-medical home care to Medicaid patient populations, including seniors and disabled adults, in need of care monitoring and assistance performing activities of daily living. The RPM segment offers remote patient monitoring services to support patient self-management and care management operations that enable seniors, the chronically ill, and persons with disabilities to maintain their independence and avoid long-term care facilities, preventable emergency room use, hospitalization, and hospital readmission. The company was founded by Fletcher Jay McCusker in December 1996 and is headquartered in Denver, CO.

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