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Wellpath Emerges from Chapter 11 to Lead a New Era in Correctional Healthcare
NASHVILLE, Tenn.--(BUSINESS WIRE)--Wellpath (the “Company”), the nation’s leading provider of compassionate healthcare to vulnerable patients in correctional facilities, announced today that it successfully emerged from chapter 11 and completed its financial restructuring process. As part of this emergence, Wellpath transitioned ownership to a group of its current and former lenders (the “Ad Hoc Lender Group”), establishing a strong financial foundation for the Company. This ensures continued d...
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New Report Shows For-Profit Staffing Agencies Drained $9.2 Billion From Ontario’s Hospitals Over 10-Year Period
TORONTO--(BUSINESS WIRE)--The staffing crisis stemming from chronic underfunding of Ontario’s hospitals has fueled a dramatic growth in the usage of for-profit staffing agencies to the tune of $9.2 billion, according to a new research study by the Canadian Centre for Policy Alternatives. Drawing on data obtained from multiple sources including Ontario hospitals’ financial documents, Hollowed Out: Ontario Public Hospitals and the Rise of Private Staffing Agencies takes a deep dive into the inter...
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Knightscope Joins AUVSI to Advance Autonomous Systems Policy
SUNNYVALE, Calif.--(BUSINESS WIRE)--Knightscope, Inc. (NASDAQ: KSCP), a leader in developing autonomous security robots and artificial intelligence technologies, announced today that it has joined the Association for Uncrewed Vehicle Systems International (AUVSI). AUVSI is the world’s largest nonprofit organization devoted to the advancement of uncrewed systems and robotics, and Knightscope’s new membership underscores the Company’s commitment to national leadership in autonomous security innov...
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Searchlight Cyber Adds New AI Capabilities to Dark Web Investigations Platform
PORTSMOUTH, England & WASHINGTON--(BUSINESS WIRE)--Searchlight Cyber has launched new AI capabilities within its dark web investigations platform, Cerberus. The new Cerberus AI Insights feature summarizes dark web posts and threads to help analysts to quickly triage information and focus on the dark web content that is most relevant to their investigation and operational scope. Searchlight Cyber’s dark web investigation platform Cerberus contains more than 15 years of historic dark web data and...
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Viken Appoints Erica Wolfkill as Head of Sales
BURLINGTON, Mass.--(BUSINESS WIRE)--Viken Detection, a leader in providing advanced and innovative security and contraband screening equipment, is pleased to announce the appointment of Erica Wolfkill as the new Senior Vice President of Sales. Erica brings extensive experience and a proven track record of success within the security industry. In her new role, Erica will oversee global sales, develop and implement sales strategies, and drive growth. She will closely collaborate with our team and...
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The GEO Group Reports First Quarter 2025 Results
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a leading provider of contracted support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the first quarter of 2025. First Quarter 2025 Highlights Total revenues of $604.6 million Net Income of $19.6 million Net Income Attributable to GEO of $0.14 per d...
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Cadre Holdings Reports First Quarter 2025 Financial Results
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre” or “Company”), a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, announced today its consolidated operating results for the three months ended March 31, 2025. Net sales of $130.1 million for the first quarter Gross profit margin of 43.1% for the first quarter Net income of $9.2 million, or $0.23...
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Cognyte to Participate in 20th Annual Needham Technology & Media Conference
HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte's CEO Elad Sharon & CFO David Abadi will hold a fireside chat at the Annual Needham Technology & Media Conference May 12, 2025 at 8:45 am ET....
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eServices Payment Technology and Quick Med Claims Elevates the EMS Billing Experience, Making Payment and Other Communications Easier and More Patient-Friendly
PITTSBURGH--(BUSINESS WIRE)--eServices Payment Technology and Quick Med Claims Elevates the EMS Billing Experience....
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Guidepost Solutions Promotes Three Leaders to Drive Continued Growth of DEA Regulatory Compliance Practice
NEW YORK--(BUSINESS WIRE)--Guidepost Solutions, a global leader in domestic and international investigations, compliance solutions, monitoring, and security and technology consulting, today announced the promotions of Krista Tongring to president, Susannah Herkert to executive vice president, and Sarah Osborne Pechnick to managing director of its DEA Regulatory Compliance practice. Tongring will continue to lead the practice group, providing strategic guidance to clients on navigating and compl...