Market Updates & Recent Developments
Potential Growth Channels & Opportunities
Multiple opportunities in the market to drive future growth, some of which can be realized due to our decision to convert to
a taxable C-Corp in 2021, allowing CoreCivic to fund future growth initiatives with internally generated cash flows
Properties Segment
Design, construct, build, finance criminal justice properties
for lease to government entities
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Low-cost alternative for federal, state and municipal
governments to modernize outdated infrastructure
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Favorable financing readily available for a wide range of
development opportunities
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CoreCivic estimates $15 - $20 billion infrastructure pipeline
throughout the US prison system
Potential to lease existing facilities to government agencies
in need of additional or newer capacity
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B
CoreCivic
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Community Segment
Meet increasing partner needs for healthcare services critical
to the well-being of residents and inmates, including chronic
care management and mental health and substance abuse
services
Expand services using electronic monitoring and other
technologies that partners view as an incarceration
alternative for low-risk populations and as a tool to reduce
overcrowding
Currently have 450 beds available in idle Community
facilities to respond to emerging partner needs
Opportunity to increase occupancy at operating facilities
Safety Segment
Transition of contract at 3,060-bed La Palma Correctional Center from ICE to
Arizona has created significant earnings disruption in 2022, expected to
recover in 2023
The termination of Title 42 is expected to result in an increase in the number
of people apprehended and detained by ICE
Currently have 8,459 beds available in idle Safety prison facilities to respond
to emerging partner needs
Opportunity to increase occupancy at operating facilities
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