Prison Health Services' Hard Time

CEO Michael Catalano reacts to a series of critical news stories that have hit the stock of the for-profit inmate medical-services provider

It's hard to think of a more challenging business model than providing health-care services to prison inmates. Medical services are in high demand from jail populations, while health-care costs are increasing, government oversight remains heavy, and there's always the risk of a major human and public relations disaster resulting from deficient patient care.

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