Company type | Public |
---|---|
(delisted August 2025) | |
Industry | Healthcare |
Founded | 1996 |
Headquarters | Denver, Colorado, U.S. |
Key people | |
Services |
|
Revenue | ![]() |
![]() | |
![]() | |
Total assets | ![]() |
Total equity | ![]() |
Number of employees | 23,675 (2024) |
Website | modivcare |
Footnotes /references [1] |
Modivcare Inc. is an American social services corporation based in Denver, Colorado, primarily providing non-emergency medical transportation for Medicaid recipients nationwide. In August 2025, Modivcare began a financial restructuring process with a Chapter 11 bankruptcy filing. [2]
Modivcare, known until 2021 as Providence Service Corporation with its principal subsidiary LogistiCare, [3] was established in 1996 and began trading publicly in 2003. It had a payroll of approximately 23,675 at the end of 2024, after a long series of corporate acquisitions. The bulk of the company's revenue and income arise from being the largest contractual provider of non-emergency medical transportation in the U.S., arranging rides primarily for Medicaid recipients who need assistance getting to and from medical appointments. In 2020–2021, the company acquired additional business lines providing in-home assistance and monitoring. [1]
Modivcare has been widely criticized for poor transportation service that leaves medical patients stranded. [4] A state audit estimated that more than 40% of customers submitted complaints in a five-month period (mostly for "no-show incidents") although the company consistently reported less than 1% per month. [5]
After Modivcare's bankruptcy filing in August 2025, its common stock was suspended from NASDAQ trading and was scheduled for delisting. [6]