DocGo Expands Mobile Health Services with Santa Cruz County, Arizona Department of Health

Rhea-AI Summary

DocGo Inc. (Nasdaq:DCGO) expands vaccination and public health initiatives in Arizona through a new contract with the Department of Health in Santa Cruz County, addressing primary healthcare shortages in rural communities.

Insights

Healthcare Analyst

DocGo Inc.'s recent contract with the Department of Health in Santa Cruz County, Arizona, represents a strategic move to address healthcare disparities in rural areas. The initiative to operate a mobile clinic in a medically underserved area could have positive financial implications for the company, as it may lead to increased revenue streams from government contracts and potentially, an enhanced reputation within the public health sector.

From a healthcare perspective, the expansion is likely to improve vaccination rates and access to primary healthcare services, which is critical given the identified shortage of 560 primary care physicians in Arizona. The broader range of vaccines offered could also lead to improved public health outcomes, which may, in turn, reduce healthcare costs in the long term for the region.

Investors should consider the potential for similar contracts in other underserved areas, which could signal a growth trajectory for DocGo, provided they can maintain operational efficiency and effectiveness in these mobile clinics.

Financial Analyst

The announcement by DocGo Inc. of its expanded vaccination and public health initiatives could be seen as a positive indicator for investors, reflecting the company's ability to secure government contracts and expand its service offerings. The contract with Santa Cruz County's Department of Health is likely to provide a stable and recurring revenue source, which is often favored by the market.

However, the costs associated with setting up and operating a mobile clinic must be weighed against the expected revenue. Investors should scrutinize the company's past performance in managing such initiatives to gauge the potential return on investment. Additionally, the impact on the company's stock could be influenced by the overall market's perception of the healthcare sector and government spending on public health initiatives.

Long-term, the success of this initiative could position DocGo as a leader in the mobile health services space, potentially attracting more government and private contracts.

Public Health Expert

The deployment of a mobile clinic by DocGo Inc. in Santa Cruz County is an essential step towards mitigating primary healthcare shortages in rural communities. The direct provision of a wide array of vaccines addresses a critical public health need and aligns with the broader goal of reducing healthcare inequity.

While this initiative will likely have immediate benefits in terms of increased vaccine uptake and improved health outcomes, the long-term effects on community health metrics, such as reduced incidence of vaccine-preventable diseases, will be a key measure of success. It is also a model that could be replicated in other regions facing similar healthcare delivery challenges.

The company's experience with flu and COVID-19 vaccinations may provide a solid foundation for the operational success of this broader vaccine initiative. Stakeholders, including investors and public health officials, should monitor the clinic's performance and its impact on public health indicators.

NEW YORK--(BUSINESS WIRE)-- DocGo Inc. (Nasdaq:DCGO), a leading provider of technology-enabled mobile health services, today announced the expansion of its vaccination and public health initiatives in Arizona through a new contract with the Department of Health in Santa Cruz County, Arizona.

Beginning in late November, DocGo now operates a mobile clinic to enhance vaccine accessibility in a rural area with limited access to medical resources. Santa Cruz County is designated as a medically underserved area by the Arizona Department of Health Services. This new Santa Cruz clinic expands vaccination access in the county.

“By expanding our partnership with the Department of Health in Santa Cruz County, we are not only bringing crucial medical services directly to residents, but also addressing the pressing issue of primary healthcare shortages in rural communities,” said Lee Bienstock, CEO of DocGo. “This initiative is another step in the right direction as we empower communities and make healthcare a tangible reality for every individual, as we work to bridge the healthcare gap in Santa Cruz County.”

While rural communities only account for 14 percent of the U.S. population, rural communities represent nearly two-thirds of primary healthcare shortage areas. According to University of Arizona Center for Rural Health, the state currently has a shortage of 560 primary care physicians – particularly affecting Arizona’s rural counties.

DocGo previously offered flu and COVID vaccines in mobile clinics with Santa Cruz County Health Department, as well as with the Maricopa County Health Department and the state of Arizona Department of Health. The new clinic is equipped to provide a broader range of vaccines, including Varicella (Chickenpox), MMR (Measles, Mumps, Rubella), DTap (Diphtheria, tetanus, pertussis), Tdap, Hib, Hep A, Hep B, HPV, Influenza, Meningococcal, IPV (Polio), Rotavirus, Pneumococcal, Tetanus, COVID.

The clinic launched on November 20, 2023 and operates four days a week, eight hours a day at the County Health Department Office, which is located at 275 Rio Rico Dr., Rio Rico Arizona 85648.

About DocGo
DocGo is leading the proactive healthcare revolution with an innovative care delivery platform that includes mobile health services, remote patient monitoring and ambulance services. DocGo disrupts the traditional four-wall healthcare system by providing high quality, highly affordable care to patients where and when they need it. DocGo's proprietary, AI-powered 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 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, financial performance and guidance and statements about (i) our plans, objectives and intentions with respect to future operations, services and products, including our transition to non-COVID related services, geographic expansion, rapid normalization initiative, new and existing contracts and backlog, serviceable patient population, M&A activity, workforce growth, leadership transition, cash position and share repurchase program, (ii) our competitive position and opportunities, including our addressable market opportunities, expected demand for our products and our ability to realize the benefits from our operating model, 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", “design” 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 macroeconomic and geopolitical conditions and concerns, including rising interest rates, the inflationary environment, the potential recessionary environment, regional conflict and tensions, financial institution instability and the prospect of a shutdown of the U.S. federal government; the effects of global outbreaks of pandemics or contagious diseases or fear of such outbreaks, such as the COVID-19 coronavirus pandemic; competitive pressures; availability of healthcare professionals; changes in the cost of labor; pricing declines; rates of growth in our target markets; our ability to improve gross margins; cost-containment measures; loss of major customers; 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231219254017/en/

Media:

DocGo

Michael Padovano

5W Public Relations

docgo@5wpr.com

pr@docgo.com



DocGo Investors:

Mike Cole

DocGo

949-444-1341

mike.cole@docgo.com

ir@docgo.com



Steve Halper

LifeSci Advisors

646-876-6455

shalper@lifesciadvisors.com

ir@docgo.com

Source: DocGo Inc.

FAQ

What is the latest initiative announced by DocGo Inc. (Nasdaq:DCGO) in Arizona?

DocGo Inc. (Nasdaq:DCGO) announced the expansion of its vaccination and public health initiatives in Arizona through a new contract with the Department of Health in Santa Cruz County.

How does the new initiative address healthcare shortages in rural communities?

The new initiative aims to enhance vaccine accessibility in a rural area with limited access to medical resources, addressing the pressing issue of primary healthcare shortages in rural communities.

What range of vaccines is the new clinic equipped to provide?

The new clinic is equipped to provide a broader range of vaccines, including Varicella (Chickenpox), MMR (Measles, Mumps, Rubella), DTap (Diphtheria, tetanus, pertussis), Tdap, Hib, Hep A, Hep B, HPV, Influenza, Meningococcal, IPV (Polio), Rotavirus, Pneumococcal, Tetanus, COVID.

When did the new clinic in Santa Cruz County launch?

The clinic launched on November 20, 2023 and operates four days a week, eight hours a day at the County Health Department Office, located at 275 Rio Rico Dr., Rio Rico Arizona 85648.