Correct Care close to sealing Conmed deal
More than 96 percent of the shareholders of Maryland-based prison health care provider Conmed have tendered their shares to Correct Care Solutions, paving the way for the local company to complete its acquisition later this week. The $59 million transaction will create a company that provides care to 100,000 inmates in 25 states.
Correct Care target posts record revenues
Conmed Healthcare Management, the Maryland-based prison health services provider being acquired by Correct Care Solutions, says it earned $360,000 in the second quarter, reversing a year-ago loss of about $140,000. Revenues at the company rose 18 percent to almost $20 million, a new quarterly record. The increase was due to both new contracts and the expansion of services at existing client sites.
Prison health venture buys public peer
Permit Patrol: 4 November 2011
Real estate notes: Exeter finalizes local buy
Correct Care gets Nebraska prison deal
Local prison health care firm Correct Care Solutions has a won a contract to service a county-owned Nebraska prison. The $1.2 million deal is good through May 31, 2014.
Still a Sohr subject
Headline homes: Nashville's top sales, June 2010
At law: Much obliged
Prison health venture lands NY contract
Correct Care Solutions has been awarded a three-year deal to manage the health care of about 1,400 inmates in Westchester County, N.Y. The contract is worth more than $14 million to the Nashville company, which has won a number of similar contracts so far this year.




