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FL agrees to pay more for health contract
By Associated Press
Published: 10/24/2006

TALLAHASSEE, FL - The state has offered to pay $58 million more to a company that pulled out of a 10-year, $645 million prison health care contract signed earlier this year, claiming it was losing money on the deal.

Corrections Department Secretary Jim McDonough agreed Monday to accept a $703 million bid from Prison Health Services for a new contract, but he also warned the Brentwood, Tenn.-based company that he planned to levy "significant fines" for service shortcomings under the original one. Read more.

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