Optio Consulting

Name

Optio Consulting

Legal name

Optio Consulting Inc

Website

https://optiosource.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Correctional Healthcare Consulting

NAICS

Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Risk, Compliance & Internal Controls Consulting (BPAHACAJ)

Keywords

• Correctional healthcare consulting
• Inmate healthcare advisory
• Detention facility consulting
• Healthcare compliance monitoring
• Healthcare cost analysis

Headquarters

HQ city

Merritt Island

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Consulting Services: Professional consulting services offered to government correctional and detention facilities. Services are provided individually based on client needs and requirements, suggesting a project-based or retainer engagement model. Services include financial analysis, healthcare system reviews, compliance monitoring, policy development, and RFP assistance.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Optio Consulting is a specialized management consultancy that provides inmate healthcare advisory services to government correctional and detention facilities. The firm offers seven consulting service modules: financial analysis of inmate healthcare costs, healthcare system delivery reviews, outside healthcare cost trending, RFP development/decision assistance, Medicaid expansion review, policy formulation, and contract monitoring/compliance against ACA, NCCHC, and state correctional healthcare standards. Services are delivered individually on a project basis to address the operational, financial, and clinical aspects of inmate healthcare program management.

Product overview

Optio Consulting is a specialized consulting firm providing advisory services for inmate healthcare management in correctional and detention facilities. The company offers seven distinct consulting service modules: Financial Analysis of Overall Inmate Costs (analyzing staffing, pharmacy, mental health, and off-site care expenses), Review of Healthcare System Delivery (evaluating insurance coverage, 340B pricing, and ACA compliance), Outside Healthcare Costs and Trending (high-dollar case review and hospital pricing analysis), RFP Development/Decision Assistance (self-operating vs. privatization analysis), Medicaid Expansion Review, Policy Formulation/Revision services, and Contract Monitor/Compliance Services. Together, these services form an integrated consulting portfolio addressing the operational, financial, and clinical aspects of inmate healthcare program management.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Analysis of Overall Inmate Costs Comprehensive consulting analysis of inmate healthcare costs covering staffing patterns, detainee access to care, off-site care, pharmacy, medical supplies, mental health services, and non-healthcare impacts such as security and transport. Designed for government agencies operating jails, detention facilities, and prisons that need to evaluate total inmate healthcare expenditures.
• Review of Healthcare System Delivery Evaluation of healthcare system delivery within detention facilities, covering third-party insurance coverage, 340B pricing, Affordable Care Act compliance, mortality and suicide risk review, and comparison to correctional healthcare standards. Aimed at government correctional and detention facility managers seeking to assess clinical and operational healthcare delivery.
• Outside Healthcare Costs and Trending Analysis of external healthcare costs and trends for detention facilities, including high-dollar case review, average length of stay, hospital pricing structure, and efficiency of infirmary operations. Targeted at correctional agencies seeking to manage off-site and outsourced medical spend.
• RFP Development/Decision Assistance Advisory services for RFP development and contracting decisions, including analysis of self-operating versus privatization options (whole or partial), criteria development, pre-bid preparation, and RFP evaluation. Designed for government agencies procuring inmate healthcare services.
• Medicaid Expansion Review Review of Medicaid expansion implications for inmate healthcare covering providers, hospitals/physicians, laboratory services, pharmacy, medical supplies, bio-waste, and electronic medical records. Built for correctional agencies assessing financial and operational impacts of Medicaid expansion policies.
• Policy Formulation, Revision/Review Development and revision of policies and guidelines for detention facilities covering detainee care, inmate grievances, infection control, physician treatment guidelines for chronic care, blood borne pathogen exposure, detox withdrawal, suicide prevention, mental health services, dental care, health records, and credentialing. Targeted at correctional administrators needing compliant policy frameworks.
• Contract Monitor/Compliance Services Ongoing contract monitoring services ensuring healthcare provider compliance through monthly on-site visits, reviews against ACA, NCCHC, and state standards, operational/financial/clinical reviews, and penalty/liquidated damages assessment. Designed for government agencies that contract with private healthcare providers and need independent oversight.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Direct peers

• The Moss Group: Correctional consulting firm that provides healthcare, mental health, and operations consulting to jails, prisons, and juvenile facilities. Directly comparable to Optio in serving the same government buyer with specialized inmate healthcare and compliance expertise.
• CGL Companies: Correctional facility management consulting firm providing operational, healthcare, and compliance advisory services to government agencies. Highly comparable to Optio given its focus on correctional facility operations and healthcare delivery assessments.

Broad incumbents

• Wexford Health Sources: Major correctional healthcare provider delivering managed healthcare services to state and local government correctional facilities. Operates as both a potential competitor (for self-op vs. contract decisions) and adjacent player in the inmate healthcare ecosystem.
• Centurion Health: Subsidiary of Centene providing correctional healthcare services and managed care to state, local, and federal correctional agencies. Adjacent to Optio's space as a large, established inmate healthcare player with strong government relationships.
• YesCare (formerly Corizon Health): One of the largest US providers of correctional healthcare services, operating across state prison systems, county jails, and detention centers. Adjacent to Optio's RFP privatization and contract monitoring work as a major contracted vendor.
• Wellpath: National correctional and behavioral healthcare provider serving jails, prisons, and federal facilities with a broad managed-care platform. Comparable to Optio in serving the same government buyer, though at vastly larger scale as a contracted operator.
• Maximus: Large government services and consulting firm with significant footprint in health and human services program administration for federal and state clients. Adjacent comparable for Optio's Medicaid expansion and policy review work given overlapping public-sector health mandates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Optio Consulting