Correction Corporation of America, (CXW on NY stock exchange trading for $34.025 as of this writing). They’re paid per head and most state contracts require a maximum capacity held at 90% to 100% for a set amount of years like 10 or 20 years. These amounts vary from state to state.
Phone Services such as Global Tel Link (inmate phone system) (GLOTELP) quoted from their website “ INMATE PREPAY OPTIONS GTL offers inmates the ability to purchase prepaid inmate calling vouchers from the facility or commissary. This option permits direct dialing, complete call control and always increases revenue for the facility.” Another phone service company is ICSolutions (Inmate Calling Solutions, ICS)
6 Shocking Revelations About How Private Prisons Make Their Money Private prison companies are striking deals with states that contain clauses to guarantee high prison occupancy rates. http://www.alternet.org/civil-liberties/6-shocking-revelations-about-how-private-prisons-make-their-money
Prisoners for Profit http://time.com/3446372/criminal-justice-prisoners-profit/ Meet the Prison Bankers Who Profit From the Inmates
The Hard Sell http://money.cnn.com/magazines/business2/business2_archive/2006/12/01/8394995/index.htm The nation’s 2 million inmates and their keepers are the ultimate captive market: a $37 billion economy bulging with business opportunity.
Court house is biggest money generator in the state
Prisons for Profits http://www.pbs.org/now/shows/419/video.html