California deal brings Oklahoma CCA jobs
Posted on November 5, 2009 at 7:24 amTwo days after announcing a big contract amendment in California, Corrections Corp. says it will grow the payroll at its North Fork prison by two-thirds. Look for a similar release soon about the 900-odd Golden State prisoners going to Arizona.
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CCA facing Oklahoma cuts
Posted on October 15, 2009 at 10:39 amOklahoma’s Department of Corrections will trim its budget by 5 percent to help the state manage a shrinking budget. Corrections Corp. of America manages more than 2,000 inmate beds in the state and, all other things being equal, would stand to lose about $2 million in annual revenues.
But Kevin Campbell at Avondale Partners says CCA and competitor GEO Group “will be able to offset these cuts with changes in the scope of services provided or increased inmates.” Shares of the Nashville company (Ticker: CXW) are down about 0.6 percent this morning.
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Ardent close to divesting Okla. hospital
Posted on March 11, 2009 at 2:19 pmOklahoma Gov. Brad Henry has signed a bill that will funnel $25 million to Oklahoma State University Medical Center, which current owner Ardent Health will hand over to a local managing authority April 1. Details of that plan are available here.
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Ardent goes public with insurance dispute
Posted on February 9, 2009 at 11:24 pmAfter not getting what it wanted from CommunityCare, the Tulsa division of the local hospital operator this weekend took its case to the people. Not cool, said CommunityCare.
“CommunityCare regrets the unprofessional tactics used by Hillcrest in its ad in Sunday’s Tulsa World,” the Oklahoma-based company said in a written statement. “It is not CommunityCare’s policy to take its contract negotiations public.”
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Local call center operator growing in Oklahoma
Posted on January 26, 2009 at 7:40 amSitel, which used to be called ClientLogic, plans to add 100 jobs in the next three months at its Bartlesville site.
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Payment ebbs and flows at CCA
Posted on December 16, 2008 at 8:26 amThe prison management firm has been denied about $500,000 in payments this year by Oklahoma officials because of staffing shortages. On the flip side, the company (Ticker: CXW) is in line to receive an extra $1.6 million from a Florida Panhandle county over a recently expired contract.
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Quorum wins Okla. deal
Posted on December 15, 2008 at 8:07 amThe Brentwood-based health care management company will run ambulance services for a community hospital west of Oklahoma City.
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