UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34221 The Providence Service Corporation (Exact name of registrant as specified in its charter) | Delaware (State or other jurisd ...

DENCE SERVICE CORP The patient journey starts with a ride PROVIDENCE SERVICE CORPOR ATION JULY 2020 FORWARD-LOOKING STATEMENTS AND NON-GAAP FINANCIAL INFORMATION Forward-looking Statements Certain statements contained in this presentation constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are predictive in nature and are frequently identified by the use of terms such as "may," "will," "should," "expect," "believe," "estimate," ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34221 The Providence Service Corporation (Exact name of registrant as specified in its charter) | Delaware | | 86-0845127 | | | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34221 The Providence Service Corporation (Exact name of registrant as specified in its charter) | Delaware | | | | 86-0845127 | | | - ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34221 The Providence Service Corporation (Exact name of registrant as specified in its charter) | Delaware | | | | 86-084512 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34221 The Providence Service Corporation (Exact name of registrant as specified in its charter) Delaware 86-0845127 (State or oth ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34221 Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 OR The Providence Service Corporation (Exact name of registrant as specified in its charter) Delaware 86-0845127 (State or ot ...

Revenue Sources - NET Services generated 52.9% of its revenue from state Medicaid agencies and 47.1% from managed care organizations (MCOs) in 2018[30]. - 79.2% of NET Services' revenue in 2018 was derived from capitated contracts, with revenue recognized based on the population served during the period[32]. - In 2018, NET Services renewed contracts representing 32.4% of its revenue for that year, with 13.2% of revenue generated from contracts subject to renewal within the next 12 months[31]. - As of December 31, 2018, 52.9% of NET Services revenue came from state Medicaid contracts, which are subject to renewal every three to five years[81]. - 13.2% of NET Services revenue was generated from state Medicaid contracts that are up for renewal within the next 12 months[81]. - For the years ended December 31, 2018, 2017, and 2016, 51.4%, 52.4%, and 51.7% of consolidated revenue from continuing operations was generated from ten payors, with the top five payors representing 34.0%, 36.1%, and 35.6% respectively[95]. Acquisitions and Strategic Moves - The company completed the acquisition of Circulation on September 21, 2018, to enhance technology capabilities and expand market opportunities[20]. - The company aims to roll out Circulation's technology as its core workflow platform over the next 36 months, converting 21 operations centers[20]. - The company completed the acquisition of Circulation in September 2018, which is expected to decrease the usage of its existing technology and resulted in a $13.5 million impairment charge in Q4 2018[88]. - The company completed two acquisitions in 2017 and 2018, including LP Health Services for $3.6 million and HealthFair for $155 million[39]. - The company completed the acquisition of Circulation on September 21, 2018, enhancing its logistics solutions for non-emergency transportation across healthcare[198]. - The management incentive plan (MIP) established in connection with the Circulation acquisition allows for potential payouts ranging from $12.5 million to $237.5 million based on financial performance from January 1, 2019, to December 31, 2021[198]. Financial Performance - Service revenue for the year ended December 31, 2018, was $1,384,965, an increase of 5% from $1,318,220 in 2017[185]. - Operating income decreased to $24,276 in 2018 from $37,484 in 2017, representing a decline of 35%[185]. - Net loss for 2018 was $(18,825), compared to a net income of $53,820 in 2017, indicating a significant turnaround[185]. - Cash and cash equivalents decreased to $5,678 in 2018 from $52,798 in 2017, a decline of approximately 89%[186]. - Total assets decreased to $572,246 in 2018 from $704,090 in 2017, a reduction of about 19%[186]. - The total stockholders' equity decreased to $310,998 in 2018 from $336,017 in 2017, a decline of approximately 7.5%[186]. Compliance and Regulatory Risks - The company faces competition from both independent providers like Signify Health and smaller competitors such as EMSI Healthcare Services and MedXM[44]. - The company is monitoring compliance with HIPAA and HITECH regulations to avoid potential penalties and ensure operational integrity[57]. - The company’s healthcare segments are subject to audits that could result in fines or adjustments to payments if compliance failures are found[75]. - Compliance with privacy and security regulations is costly and non-compliance could materially affect operating results due to potential penalties[134]. - The company faces risks from potential changes in healthcare laws and regulations that could adversely impact its business[80]. - The company’s ability to provide mid-level practitioner services may be restricted by new state laws governing their scope of practice[77]. Operational Challenges - The company is focused on organic growth by addressing transportation barriers in healthcare, targeting Medicaid markets and new transportation opportunities[22]. - The company is positioned as a natural consolidator in healthcare transportation, seeking tuck-in acquisition opportunities in its core NET market[23]. - The company faces risks related to attracting and retaining qualified employees, which is critical for delivering high-quality services[100]. - The company may incur significant expenses before receiving contract payments, which could adversely affect liquidity and financial position[98]. - The company must accurately estimate costs and performance criteria when responding to government RFPs, as miscalculations could lead to unprofitable contracts[84]. - The company’s future growth may depend on successful integration of acquired companies, which poses significant operational challenges[91]. Market and Economic Factors - The ACA has significantly changed Medicare reimbursement and expanded Medicaid, impacting the healthcare industry and operations[69]. - The ACA has increased penalties for noncompliance, which could materially affect the operations of the healthcare segments[71]. - Many U.S. states are facing budgetary shortfalls, potentially shifting costs from institutional care to home and community-based care, which may not be sustainable[132]. - A decline in government expenditures or changes in funding policies could lead to contract terminations or reduced expenditures, negatively impacting operating results[133]. - Changes in government budgetary priorities could result in loss of contracts or decreased funding for services provided by the company's Healthcare Segments[129]. Technology and Cybersecurity - Matrix's services are primarily dependent on its technology platform, which is designed to support substantial growth and integrate various operational aspects[41]. - Cybersecurity risks are a significant concern, with potential breaches leading to unauthorized access to sensitive client information and reputational damage[112][114]. - The company must effectively manage its technology infrastructure to avoid disruptions that could negatively impact business operations and competitive positioning[116][117]. Debt and Liquidity - The company had $187.7 million available credit under the Credit Facility as of December 31, 2018, which is crucial for meeting liquidity needs[151]. - The Credit Facility matures on August 2, 2019, and failure to refinance could adversely affect financial condition and operational capabilities[152]. - Future substantial indebtedness could impair financial condition and increase the risk of insufficient cash generation to meet obligations[153]. - The company does not expect to declare or pay dividends on its Common Stock for the foreseeable future, focusing instead on funding growth and general corporate purposes[170]. Asset Management - The company recorded an asset impairment charge of $14.2 million in 2018 related to NextGen, indicating potential volatility in asset valuations[119]. - The company holds a non-controlling interest of 28.2% in Matrix, which constitutes a significant portion of its consolidated assets, indicating potential risks associated with joint ventures[94]. - The carrying value of goodwill was $40.0 million, with total long-lived assets valued at $135.2 million as of December 31, 2018[120][121].