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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 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.
DocGo, a leading mobile health services provider, announced a partnership with Gary and Mary West PACE to offer rapid, in-home, non-emergency healthcare services to seniors in North San Diego County. This collaboration enables enhanced access to healthcare, as West PACE dispatches DocGo vehicles to treat patients with conditions like Covid-19, wound care, and more. This expansion marks DocGo's entry into Southern California, capitalizing on its successful service model from other areas.
DocGo (NASDAQ: DCGO) announced that CEO Stan Vashovsky will present at the Cowen 42nd Annual Health Care Conference on March 7th at 9:10 AM ET. DocGo is at the forefront of last-mile mobile health services, enhancing patient care through innovative technology and a team of certified professionals. The company aims to bridge the gap between physical and virtual care, facilitating healthcare in patients' homes or workplaces.
DocGo, a leader in mobile health services, unveiled the first all-electric, zero-emissions ambulance in the U.S., part of their initiative to achieve an all-electric fleet by 2032. This sustainable vehicle is significantly less polluting than standard ambulances, reducing emissions by 90%. It not only supports environmental goals but may also lower patient transportation costs due to reduced fuel and maintenance expenses. Collaborating with Lightning eMotors, DocGo aims to innovate healthcare delivery while prioritizing sustainability.
DocGo (NASDAQ:DCGO), a leader in mobile health services, will announce its Q4 and full-year results for the period ending
DocGo (NASDAQ: DCGO), a provider of last-mile mobile health services, announced participation in two investor conferences. CEO Stan Vashovsky will present at the BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference on February 15 at 9:00 AM ET. He will also present virtually at the 11th Annual SVB Leerink Global Healthcare Conference on February 17 at 9:20 AM ET. A webcast of the latter will be accessible on DocGo’s investor relations website. With innovative technology and certified staff, DocGo promotes efficient healthcare delivery.
DocGo (NASDAQ: DCGO) announced a special event on February 14, 2022, at the Barclays Center to honor frontline workers and first responders in partnership with the Brooklyn Nets. This event celebrates the ongoing relationship between DocGo and Barclays Center since its opening in 2012, where DocGo has provided in-arena medical services. Over 1,000 DocGo employees are expected to attend, underscoring the company's commitment to healthcare excellence and community support. DocGo is redefining healthcare delivery with its innovative technology and mobile health services.
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