The Providence Service Corporation (PRSC) is a U.S. company that provides and manages government-sponsored non-emergency transportation and human services. It operates in three segments: Non-Emergency Transportation Services (NET Services), Workforce Development Services (WD Services), and Matrix Investment.
The NET Services segment provides non-emergency medical transportation services to state Medicaid agencies, healthcare facilities, and managed care organizations. The WD Services segment provides workforce development and vocational rehabilitation services to state and local governments, vocational rehabilitation agencies, and employers. The Matrix Investment segment provides investment management services.
As of February 25th, 2023, the market capitalization of PRSC is approximately $1.03 billion.
It's worth noting that any investment in PRSC comes with risks, including but not limited to market risk, regulatory risk, and operational risk. Investors should conduct their own research and seek the advice of a financial advisor before making any investment decisions.
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