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DocGo Inc. (DCGO) is a prominent provider of mobile medical services and transportation across 26 US states and the United Kingdom. The company specializes in delivering last-mile mobile health services and integrated medical mobility solutions, ensuring quality healthcare access wherever it's needed. DocGo operates through three primary segments: Mobile Health Services, Transportation Services, and Corporate, with Mobile Health Services being the most significant revenue contributor.
DocGo's Mobile Health Services segment encompasses a wide range of medical offerings, including on-site health assessments, remote patient monitoring, and urgent care. These services aim to bridge the gap between traditional healthcare facilities and patients, providing timely and efficient care right at the patient's location.
The Transportation Services segment focuses on non-emergency medical transportation, ensuring patients can safely travel to and from healthcare appointments. This segment is essential for maintaining consistent patient care, particularly for individuals with mobility challenges or those requiring specialized transport vehicles.
DocGo's Corporate segment manages administrative functions and strategic initiatives, supporting the operational efficiency and growth of the company's primary services. Recent achievements for DocGo include expanding its service areas, integrating advanced technology in patient care, and forming strategic partnerships with notable healthcare providers to enhance service delivery and patient outcomes.
Financially, DocGo has demonstrated steady growth, bolstered by its diversified service offerings and commitment to innovation in healthcare delivery. The company's focus on expanding its footprint and leveraging technology positions it to continue thriving in the dynamic healthcare sector.
DocGo has partnered with Jefferson Health to transport the first patient using an all-electric, zero-emissions ambulance, marking a significant milestone in sustainable healthcare solutions. This vehicle, registered as the first of its kind in the U.S., is designed to be 1/10th as polluting as traditional gasoline ambulances. The electric ambulance will begin regular patient transports and is part of DocGo's goal to establish an all-electric fleet by 2032. The collaboration, ongoing since May 2019, aims to improve mobile medical care delivery in the U.S.
DocGo, a leader in mobile health services, will showcase its all-electric, zero-emissions ambulance at the New York International Auto Show from April 15-24, 2022. This innovative ambulance emits only 10% of the pollutants of traditional models, aligning with the company’s commitment to sustainability. DocGo aims for an all-electric fleet by 2032. This exhibition provides an opportunity for attendees to engage with representatives and learn about the future of eco-friendly medical transportation, part of the show's focus on electric vehicles.
DocGo (NASDAQ: DCGO), a leader in last-mile mobile health services, announced that CEO Stan Vashovsky and CFO Andre Oberholzer will present at the 21st Annual Needham Virtual Healthcare Conference on Tuesday, April 12, at 4:30 PM Eastern Time. The event will be accessible via a webcast on the investor relations section of DocGo’s website. DocGo aims to enhance patient care through its integrated medical mobility solutions, bridging physical and virtual healthcare delivery.
DocGo (NASDAQ: DCGO) announces significant growth in the UK through its subsidiary, Ambulnz Community Partners, which has secured three new contracts. These contracts will facilitate the expansion of services into new territories, including East and Central England and Greater Manchester. This initiative aims to enhance patient access to medical transportation, including emergency services and maternity transfers. The company is committed to delivering high-quality healthcare and expanding its international footprint.
DocGo is set to host a fireside chat on March 30, 2022, at 2:00 PM ET, featuring key customers Carnival Corporation and Thomas Jefferson University. The event, moderated by Steve Halper from LifeSci Advisors, will include discussions on mobile health services and how DocGo enhances care quality while reducing costs. Participants include Javonte Anyabwele from Carnival and Dr. Judd E. Hollander from Thomas Jefferson University. A Q&A session will follow the discussion. Register for the event here.
DocGo (NASDAQ:DCGO) reported remarkable financial results for Q4 and the full year ending December 31, 2021. Q4 revenue soared to
DocGo announced impressive financial results for Q4 2021 and the full year, showcasing a 289% increase in quarterly revenue ($121.3M) and a 239% rise in annual revenue ($318.7M) compared to 2020. Positive adjusted EBITDA was reported at $17.3M for Q4 and $25.1M for the full year, with a substantial turnaround to net income of $20.3M in Q4 from a loss the previous year. The company has a strong cash position of $175.5M and expects 2022 revenue to grow 27-32% over 2021, despite non-recurring Covid testing revenue.
DocGo has appointed Lee Bienstock as Chief Operating Officer. Bienstock comes from Google, where he held key leadership roles over a decade. His experience includes launching Google Fiber and driving growth in advertising. DocGo aims to enhance its mobile healthcare services, having entered nine new markets in the past year and providing services in 29 states and the U.K. The CEO, Stan Vashovsky, stated Bienstock's expertise will be crucial for expanding their market footprint and innovative healthcare solutions.
DocGo (NASDAQ: DCGO) announced that CEO Stan Vashovsky will present at the 34th Annual Roth Conference on March 14 at 1:30 PM ET. The event will be webcast live, available on the investor relations section of DocGo’s website. DocGo is known for its last-mile mobile health services and integrated medical mobility solutions, aiming to improve patient care by providing affordable healthcare directly to patients' locations.
DocGo (NASDAQ: DCGO) announced that CEO Stan Vashovsky will present at the Barclays Global Healthcare Conference on March 16th at 8:30 AM ET. The event will be webcasted and accessible via DocGo's investor relations site. DocGo specializes in last-mile mobile health services and integrated medical mobility solutions, aiming to transform traditional healthcare delivery. Their innovative approach enhances patient care and operational efficiencies for healthcare providers.
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