Welcome to our dedicated page for Modivcare news (Ticker: MODV), a resource for investors and traders seeking the latest updates and insights on Modivcare stock.
Modivcare Inc. (MODV) provides technology-driven healthcare solutions focused on non-emergency medical transportation, personal care services, and remote patient monitoring. This page serves as the definitive source for all official company announcements and relevant third-party analyses.
Investors and industry observers will find curated updates including earnings reports, strategic partnerships, and service expansion initiatives. Our aggregation ensures efficient tracking of Modivcare's progress in addressing healthcare accessibility through integrated solutions.
Content spans regulatory filings, leadership updates, and operational developments within the NEMT and RPM sectors. Regular updates provide insights into how MODV navigates the evolving healthcare technology landscape while serving vulnerable populations.
Bookmark this page for streamlined access to Modivcare's latest milestones and market positioning. Combine our updates with SEC filings and earnings call transcripts for complete due diligence.
The Company, Riverbed|Aternity, announced the appointment of seven new directors to its Board of Directors following its recapitalization, effective December 7, 2021. These seasoned leaders bring diverse skills to enhance strategic goals and customer relationships. CEO Dan Smoot emphasized the Board's alignment with the Company's future vision and its improved financial profile. The new board members include R. Carter Pate, Steve Curts, and Patricia Hume, among others, each with significant experience in various sectors.
ModivCare Inc. (Nasdaq: MODV), a technology-driven healthcare services company, announced upcoming presentations at two investor conferences. Dan Greenleaf, CEO, and Heath Sampson, CFO, will present at the BofA Securities Leveraged Finance Conference on
ModivCare Inc. (Nasdaq: MODV) reported strong financial results for Q3 2021, with revenues of $493.1 million, a 53.8% increase from Q3 2020. However, the company incurred a loss from continuing operations of $7.5 million, or $0.53 per diluted share. Adjusted EBITDA was $44.3 million, representing 9.0% of revenue, which was down from $59.3 million a year prior due to increased service costs. Significant acquisitions in September 2021, including VRI and CareFinders, aim to enhance service offerings and shareholder value.
ModivCare Inc. (Nasdaq: MODV), a technology-enabled healthcare services firm, will present at Credit Suisse’s 30th Annual Virtual Healthcare Conference on November 8, 2021, at 9:40 a.m. Eastern Time. Both Dan Greenleaf, President and CEO, and Heath Sampson, CFO, will be participating. Investors can access a webcast of the presentation via the company’s website here. ModivCare provides integrated supportive care solutions, focusing on enhancing patient outcomes through services like non-emergency medical transportation and remote patient monitoring.
ModivCare Inc. (NASDAQ: MODV) announced it will report financial results for Q3 2021 on November 5, 2021, before market opens. A conference call will follow at 8:00 a.m. ET, accessible via dial-in or live webcast. ModivCare is a technology-enabled healthcare services company focused on improving patient outcomes through integrated supportive care solutions. Its services cater to public and private payors, addressing social determinants of health and enhancing access to care.
ModivCare Inc. (Nasdaq: MODV) has announced that Heath Sampson, CFO, will present at Deutsche Bank’s 29th Annual Leveraged Finance Conference on October 4, 2021, at 3:15 pm ET. The event will be held virtually, and a webcast can be accessed on the Company’s website. ModivCare will also participate in one-on-one meetings throughout the day. The Company specializes in technology-enabled healthcare services including non-emergency medical transportation (NEMT), personal care, and nutritional meal delivery.
ModivCare Inc. (Nasdaq: MODV) has successfully completed its acquisition of VRI Intermediate Holdings, LLC, a leader in remote patient monitoring solutions, for approximately $315 million. This acquisition aims to enhance ModivCare's suite of integrated supportive care solutions, ultimately improving patient outcomes.
The transaction includes customary purchase price adjustments and highlights ModivCare's commitment to addressing social determinants of health while expanding its healthcare service offerings.
ModivCare Inc. (Nasdaq: MODV) has successfully completed its acquisition of Care Finders Total Care LLC for approximately $340 million in cash, enhancing its presence in the Northeast, particularly in New Jersey, Pennsylvania, and Connecticut. This strategic move is expected to expand ModivCare's integrated supportive care solutions, focusing on improving patient outcomes and reducing healthcare costs.
ModivCare Inc. (Nasdaq: MODV) announced participation in upcoming investor events, featuring one-on-one meetings with CEO Dan Greenleaf and CFO Heath Sampson. The events include the Barrington Research’s 14th Annual Fall Investment Conference on September 9, 2021, and Lake Street’s 5th Annual Best Ideas Growth (BIG5) Conference on September 14-15, 2021. ModivCare, a leader in technology-enabled healthcare services, offers integrated supportive care solutions that improve patient outcomes while addressing social determinants of health.
ModivCare Inc. (Nasdaq: MODV) has priced a private placement offering, issuing $500 million in senior notes due October 1, 2029, at a 5.000% interest rate, up from an initial $400 million. The offering is set to close on August 24, 2021, pending market and closing conditions. Funds will be allocated to the acquisition of VRI Intermediate Holdings and related expenses, with leftover proceeds for corporate purposes, including repaying debts from the acquisition of Care Finders Total Care LLC. The notes will not be registered under the Securities Act.
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