Thanks to a lucrative state contract given him by none other than Gov. Quinn, Republican billionaire Bruce Rauner is making millions in the prison/industrial complex. Quinn says he didn't know Rauner was still associated with GTCR.
Rauner formerly headed GTCR LLC, a Chicago private equity firm in which he still holds a stake as an investor. Since December 2012, GTCR has owned Correctional Healthcare Cos., which got a five-year contract with a five-year renewal option from the Illinois Department of Juvenile Justice in February 2013 to provide medical, dental and mental health evaluations and treatment for the approximately 900 inmates, ages 13 to 20, of six state-run youth detention centers in the Chicago area and downstate. The state deal is worth as much as $99.3 million. -- Politics Early & OftenThat would put him in the position, if elected in November, of overseeing a state contract he and his business partners stand to profit from. Rauner says he has no plans to divest himself of these holdings.
The for-profit company employs medical professionals who treat an average of 70,000 inmates a day at more than 250 correctional facilities around the United States. In Illinois, the company has drawn criticism in connection with a federal lawsuit filed in 2012 by the American Civil Liberties Union of Illinois against the state Department of Juvenile Justice, accusing the state agency of inadequately treating detainees with mental health conditions.