Trading the Spread
Value, contrarian, event-driven, growth at reasonable price

Why Providence Is Positioned To Win In The Age Of Healthcare Reform

Executive summary:

  • The Patient Protection and Affordable Care Act will lead to a dramatic rise in Medicaid enrollment over the next decade.
  • Healthcare reform heavily stipulates home and community-based care as an alternative to institutional care.
  • These major trends will provide a strong tailwind to home-based social services provider, PRSC.
  • New management team and Board of Directors led by activist hedge fund managers are intent on driving turnaround.
  • Shares of PRSC remain undervalued, as the company's story remains untold among the investing community.


Since the re-election of President Obama, full implementation of the Affordable Care Act became assured and companies across the healthcare spectrum have begun preparing for change. Medicaid enrollment is expected to rise by over 40% to

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details