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DocGo Continues Growth Track in UK with Three New Contracts
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
DocGo, a prominent mobile health services provider (NASDAQ: DCGO), has expanded its services in the UK through its subsidiary, Ambulnz Community Partners. The company announced the acquisition of three new contracts that will enhance its operations in Greater Manchester, Lancashire, and Merseyside, focusing on urgent and planned care ambulance transportation.
These contracts are set for a minimum duration of three years and aim to improve patient flow in local hospitals. The expansion reflects DocGo's commitment to accessible healthcare for UK communities.
Positive
Awarded three new contracts for a minimum term of three years.
Expansion in Greater Manchester, Lancashire, and Merseyside to enhance service delivery.
Strengthened position in providing urgent and planned care ambulance transportation.
Negative
None.
The Leading Mobile Health Services Provider Announces New and Expanded Services across the UK within Transport Division
NEW YORK--(BUSINESS WIRE)--
DocGo, a leading provider of last-mile mobile health services (Nasdaq: DCGO), announced today that its UK-based subsidiary, Ambulnz Community Partners, has been awarded three new contracts. Reflecting the continued growth of Ambulnz Community Partners in the UK, and particularly in the North West of England, these contracts will continue to drive growth in Greater Manchester, and also provide expanded services in Lancashire and Merseyside.
Proudly owned by DocGo, Ambulnz Community Partners provides high-quality urgent and planned care ambulance transportation. As a result of these new contracts, Ambulnz Community Partners will provide their growing customer base with a range of transportation services including patient transport, maternity transfers, transfers for palliative patients and patients on end-of-life pathways, as well as transport for mental health patients and Accident & Emergency.
“This year has been a pivotal one for DocGo's growth,” said DocGo President, Anthony Capone. “Our crews at Ambulnz Community Partners continue to provide tremendous support in expanding our reach to bring high quality, highly accessible healthcare to communities across the UK.”
“We are delighted to have successfully been awarded three additional contracts which have all been awarded for a minimum term of three years,” said Joe Sheehan, Managing Director at Ambulnz Community Partners. “Aligned with our shared mission, we are pleased to have the opportunity to work within these additional communities to support their residents and improve patient flow within our local hospitals.”
DocGo delivers Mobile Health and Medical Transportation services at scale for hospital networks, governmental entities, and enterprise customers. The company’s mobility solutions, enabled through coordinated logistics and focused on exceptional patient care, provides patients much-needed access to medical attention outside of the traditional four walls of the medical establishment.
About DocGo DocGo is a leading provider of last-mile mobile health services. DocGo is disrupting the traditional four-wall healthcare system by providing high quality, highly affordable care to patients where and when they need it. DocGo's innovative technology and dedicated field staff of certified health professionals elevate the quality of patient care and drive business efficiencies for facilities, hospital networks, and health insurance providers. With Mobile Health, DocGo empowers the full promise and potential of telehealth by facilitating healthcare treatment, in tandem with a remote physician, in the comfort of a patient's home or workplace. Together with DocGo's integrated Ambulnz medical transport services, DocGo is bridging the gap between physical and virtual care. For more information, please visit www.docgo.com.
Forward-Looking Statements
This announcement contains forward-looking statements (including within the meaning of Section 21E of the U.S. Securities Exchange Act of 1934, as amended, and Section 27A of the U.S. Securities Act of 1933, as amended) concerning DocGo. These statements include, but are not limited to, statements that address our expected future business and financial performance and statements about (i) our plans, objectives and intentions with respect to future operations, services and products, (ii) our competitive position and opportunities, and (iii) other statements identified by words such as "may", "will", "expect", "intend", "plan", "potential", "believe", "seek", "could", "estimate", "judgment", "targeting", "should", "anticipate", "predict" "project", "aim", "goal", “outlook”, “guidance”, and similar words, phrases or expressions. These forward-looking statements are based on management's current expectations and beliefs, as well as assumptions made by, and information currently available to, management, and current market trends and conditions. Forward-looking statements inherently involve risks and uncertainties, many of which are beyond our control, and which may cause actual results to differ materially from those contained in our forward-looking statements. Accordingly, you should not place undue reliance on such statements. Particular uncertainties that could materially affect current or future results include possible accounting adjustments made in the process of finalizing reported financial results; any risks associated with global economic conditions and concerns; the effects of global outbreaks of pandemics or contagious diseases or fear of such outbreaks, such as the COVID-19 coronavirus pandemic; competitive pressures; pricing declines; rates of growth in our target markets; our ability to improve gross margins; cost-containment measures; legislative and regulatory actions; the impact of legal proceedings and compliance risks; the impact on our business and reputation in the event of information technology system failures, network disruptions, cyber-attacks, or losses or unauthorized access to, or release of, confidential information; and the ability of the company to comply with laws and regulations regarding data privacy and protection. We undertake no intent or obligation to publicly update or revise any of these forward-looking statements, whether as a result of new information, future events or otherwise.
