While LogistiCare’s current customer base is primarily focused on state agencies and MCOs servicing Medicaid and Medicare lives, Circulation serves a broader mix of payers and approximately 3,000 healthcare facilities across 45 states. As the nation’s largest manager of non-emergency medical transportation programs for state governments and managed care organizations, LogistiCare improves care coordination for more than 24 million eligible members and their corresponding providers and hospital networks. As the nation’s largest manager of non-emergency medical transportation programs for state governments and managed care organizations, LogistiCare improves care coordination for more than 24 million eligible members and their corresponding providers and hospital networks. LogistiCare completes acquisition of Circulation ATLANTA, Sept. 24, 2018 (GLOBE NEWSWIRE) -- LogistiCare Solutions, LLC (“LogistiCare” or the “Company”) today announced that it has completed the previously announced acquisition of Circulation, Inc (“Circulation”). The shares of Circulation acquired by Providence will be cancelled, resulting in Circulation becoming a wholly-owned subsidiary of LogistiCare. “We are making a bold move to transform the industry,” said Jeff Felton, LogistiCare CEO. By integrating and deploying Circulation’s technology platform across the scale of LogistiCare’s nationwide operations, we will be able to continue to reduce transportation obstacles so many face.”. ATLANTA, Sept. 24, 2018 (GLOBE NEWSWIRE) -- LogistiCare Solutions, LLC (“LogistiCare” or the “Company”) today announced that it has completed the previously announced acquisition of Circulation… Atlanta-based Logisticare will fold Circulation's HIPAA-compliant software platform into its offerings. Circulation is the nation's only all-in-one healthcare transportation platform with built-in connectivity between hospital information systems and the Uber API. This was a Private Equity round raised on May 28, 2004. As a combined entity, they are the nation’s largest manager of non-emergency medical transportation (NEMT) programs for state government agencies and managed care organizations. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. LogistiCare Completes Acquisition Of Circulation, Inc. https://www.prscholdings.com/corporategovernance, Language Assistance / Nondiscrimination Notice, Nondiscrimination & Language Access Notice. The acquisition is expected to close within 30 days. Its range of services includes call center management, network credentialing, vendor payment management and non-emergency medical transport management. Providence Service previously made a minority investment in Circulation in 2017. In addition, statements that are not historical should also be considered forward-looking statements. Logisticare acquires Circulation on 2018-09-18 for $44000000. The acquisition of Circulation significantly advances the Company’s central mission of reducing transportation as … Founded in 2016, Boston-based Circulation was acquired by LogistiCare Solutions, LLC in September 2018, a wholly-owned subsidiary of The Providence Service Corporation (Nasdaq: PRSC). If you have a media inquiry, please contact Kathryn Stalmack. Circulation enables administration of transportation benefits, proactively monitors for fraud waste and abuse, and seamlessly integrates all transportation capabilities (e.g. LogistiCare Sets New Food Donation Record During Ninth Annual Food Drive, https://www.prscholdings.com/corporategovernance, Language Assistance / Nondiscrimination Notice, Nondiscrimination & Language Access Notice. Information on acquisition, funding, cap tables, investors, and executives for Circulation (Medical Transportation). This allows individuals to submit comments that are immediately routed to the operations center for direct follow up. These factors include, but are not limited to, our ability to timely close the acquisition of Circulation and successfully implement and achieve cost synergies and otherwise integrate Circulation following closing and other risks detailed in Providence’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K. Providence is under no obligation to (and expressly disclaims any such obligation to) update any of the information in this press release if any forward-looking statement later turns out to be inaccurate whether as a result of new information, future events or otherwise. LogistiCare Completes Acquisition Of Circulation, Inc. LogistiCare is a wholly owned subsidiary of The Providence Service Corporation (Nasdaq: PRSC). By Erin Dietsche. Copyright © 2020 LogistiCare Solutions, LLC. Circulation's on-demand NEMT platform works with Lyft and other transportation providers to move patients to and from their medical appointments. Circulation is utilized by patients, caregivers, providers, staff, and volunteers. Such forward-looking statements are based on current expectations that involve a number of known and unknown risks, uncertainties and other factors which may cause actual events to be materially different from those expressed or implied by such forward-looking statements. The company's non-emergency medical transportation programs, enable the state governments and managed care organizations to provide better care coordination efforts, improves outcomes and reduced costs. LogistiCare, the nation’s largest non-emergency medical transportation (NEMT) broker, today announced it entered into an agreement to acquire Circulation, Inc. to advance the company’s mission of reducing barriers to healthcare transportation for people that are often frail and vulnerable. All rights reserved. LogistiCare Enters into Agreement to Acquire Circulation, Inc. Atlanta, Sept. 18, 2018 (GLOBE NEWSWIRE) -- LogistiCare, the nation’s largest non-emergency medical transportation (NEMT) broker, today announced it entered into an agreement to acquire Circulation, Inc. to advance the company’s mission of reducing barriers to healthcare transportation for people that are often frail and vulnerable. If you would like to review the Insider Trading Policy and Regulation FD Policy of The Providence Service Corporation, which are applicable to LogistiCare and Circulation employees, please click on the following link to be taken to The Providence Service Corporation’s website. This allows individuals to submit comments that are immediately routed to your local operations center for direct follow up. Use the PitchBook Platform to explore the full profile. Its HIPAA compliant digital platform, and digitally integrated transportation network, enables automated administration of transportation benefits and simple ride scheduling and trip assignment by call centers, healthcare facilities, case managers, caregivers and members. Logisticare has acquired Circulation on Sep 18, 2018. ATLANTA, GA – LogistiCare Solutions, LLC (“LogistiCare” or the “Company”) today announced that it has completed the previously announced acquisition of Circulation, Inc. (“Circulation”). LogistiCare is a provider of non-emergency medical transportation programs intended to connect people and health care services. Email Kathryn. LogistiCare has some amazing transformations happening. I look forward to working closely with the LogistiCare team to continue creating differentiated experiences for healthcare consumers.”. Join our mailing list. LogistiCare Enters Into Agreement To Acquire Circulation, Inc. LogistiCare’s parent company, The Providence Service Corporate (Providence) previously made a minority investment in Circulation in 2017. The Circulation platform is compliant with the Health Insurance Portability and Accountability Act (HIPAA) to protect the privacy and security of its patients and clients. This platform seamlessly integrates with … LogistiCare, a wholly-owned subsidiary of The Providence Service Corporation (Nasdaq: PRSC), is the nation’s largest manager of non-emergency medical transportation programs for state governments and managed care organizations. 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