DOCGO INC Stock Price, News & Analysis

DocGo, a leading provider of mobile health services, has secured a multi-year contract with Aetna to deliver at-home healthcare to 2.5 million members in New York and New Jersey starting February 15, 2022. This contract enhances access to various healthcare services, including episodic and emergency care, by utilizing highly trained professionals outside traditional facilities. With operations in 28 states and the UK, DocGo aims to bridge gaps in care and elevate the quality of mobile healthcare.

DocGo, a leading provider of last-mile mobile health services, is deploying 12 advanced life support vehicles in Upstate New York to assist local hospitals amid the Covid-19 Omicron variant surge. This initiative, in collaboration with the New York State Department of Health, includes six advanced life support units and six critical care transport units aimed at improving patient transport and relieving overcrowded medical facilities in cities like Albany and Syracuse. The vehicles are set to enhance patient access to urgent care.

DocGo, a prominent provider of last-mile mobile health services, announced that CEO Stan Vashovsky will be presenting at the Needham Virtual Growth Conference on January 14th at 10:00 AM ET. The event will be webcasted and accessible on DocGo's investor relations webpage. DocGo’s innovative approach integrates telehealth with mobile care, enhancing patient treatment while bridging physical and virtual healthcare gaps. For further details, visit DocGo's website.

DocGo Inc. has secured two new mobile health contracts in Nevada, valued at approximately $55 million over three years. These contracts will facilitate COVID-19 testing, vaccination programs, and at-home monoclonal antibody infusion treatments. With over 2 million COVID tests and vaccinations conducted to date, DocGo is expanding its services significantly, emphasizing their commitment to accessible healthcare. The company operates across 28 states and aims to extend its monoclonal antibody infusion program to additional U.S. markets shortly.

DocGo has launched a new website aimed at enhancing its brand identity and growth as a leading provider of mobile health services. This redesign showcases the company's mission of delivering healthcare directly to patients through innovative mobile solutions. With a focus on accessibility and affordability, the website reflects DocGo's commitment to improving healthcare delivery. The site features engaging design elements and represents its transformation into a technology-driven healthcare innovator. DocGo continues to expand its impact on the healthcare landscape through integrated mobile solutions.

DocGo, a leading provider of mobile health services, has launched DocGo Academy and DocGo EMS Academy, programs aimed at recruiting and training healthcare professionals amid a nationwide worker shortage. The initiatives offer free tuition for employees who remain with DocGo, combining classroom education with practical training. This strategic move not only enhances workforce capabilities but also addresses the urgent need for healthcare staff during challenging times. Plans for nationwide expansion are underway, promoting accessibility to healthcare careers.

DocGo, a leader in mobile health services, will participate in Capstone's Annual Future of Healthcare Policy Virtual Summit on December 8. President Anthony Capone will join a panel discussing the healthcare labor force challenges stemming from the pandemic, including the impact of COVID-19 and vaccine mandates. The summit aims to connect D.C. policy issues with corporate implications, featuring industry leaders and policymakers analyzing key healthcare topics. DocGo continues to innovate in healthcare delivery through its AI-powered solutions, enhancing patient access and care efficiency.

DocGo has increased its full-year 2021 revenue guidance to between $290 million and $300 million, up from $260 million. This rise is attributed to higher Mobile Health revenues, driven by extensions of key contracts and recent wins. Adjusted EBITDA is now projected at least $12 million, up from $10 million. The company continues to expand its mobile health services across 28 states and the UK, with licenses pending in an additional 21 states, positioning itself for growth in 2022 and beyond.