Modivcare Inc Stock Price, News & Analysis

Modivcare has appointed Brett Hickman as the new Chief Commercial Officer to enhance its commercial strategy and drive revenue growth. With over 30 years of experience, Hickman aims to leverage his expertise in healthcare to improve patient outcomes and expand the company's integrated supportive care solutions. Dan Greenleaf, CEO, highlighted Hickman's collaborative leadership style as beneficial during this transformative phase. Modivcare focuses on addressing social determinants of health and delivering value-based care, positioning itself as a leader in healthcare services.

Modivcare Inc. (NASDAQ: MODV) has appointed Ilias Simpson as President of its Mobility division, focusing on non-emergency medical transportation (NEMT) services. This structural change follows the establishment of the Modivcare Home division earlier this year. CEO Dan Greenleaf emphasized Simpson's operational expertise and experience in enhancing patient care. Simpson has over 15 years of leadership in logistics and transportation. The company aims to improve patient outcomes through its integrated supportive care solutions.

Modivcare Inc. (NASDAQ: MODV) has announced that it will report its financial results for the first quarter ending March 31, 2022, on May 5, 2022, before the market opens. A conference call will follow the announcement at 8:00 a.m. ET, accessible via a dedicated phone line or through a live webcast on the company's website. Modivcare, a healthcare technology provider, focuses on integrated supportive care solutions to enhance patient outcomes, covering services like non-emergency medical transportation and remote patient monitoring.

Modivcare reported robust financial results for Q4 and full year 2021, with service revenue reaching $575.8 million in the fourth quarter, a 44% increase from $398.5 million in Q4 2020. Despite a loss from continuing operations of $31.5 million or $2.25 per share, adjusted EBITDA was $57.5 million. For the full year, revenues totaled $1,996.9 million, a 46% increase over $1,368.7 million in 2020. The company completed key acquisitions, enhancing its service offerings. However, significant losses related to the Matrix investment and rising costs were noted.

Modivcare Inc. (Nasdaq: MODV), a technology-enabled healthcare services company, announced that CFO Heath Sampson will participate in the J.P. Morgan Global High Yield & Leveraged Finance Conference on March 1, 2022, in Miami Beach, Florida. The company will engage in one-on-one meetings during the event, but no webcast will be available. Investors can access the presentation on their website. Modivcare offers integrated supportive care solutions, including non-emergency medical transportation, personal care, remote monitoring, and meal delivery aimed at improving patient outcomes.

Modivcare Inc. (Nasdaq: MODV) will release its fourth-quarter financial results for the period ending December 31, 2021, on February 25, 2022, before market opening. A conference call will take place the same day at 8:00 a.m. Eastern Time, with domestic callers dialing (877) 423-9820. The call can also be accessed through a live webcast on the Company’s investor website. Modivcare provides technology-driven healthcare services aimed at improving patient outcomes, focusing on non-emergency medical transportation, personal care, and remote patient monitoring.

Modivcare Inc. (Nasdaq: MODV) has announced a reorganization to enhance its home-based services by establishing a new division, Modivcare Home. This division integrates personal care, remote patient monitoring, and nutritional meal delivery services. Jason E. Anderson has been promoted to lead this newly formed division. The reorganization aims to better meet patient needs through an integrated supportive care strategy, according to Dan Greenleaf, President and CEO. Modivcare remains committed to improving patient outcomes and streamlining its service offerings.

ModivCare Inc. (Nasdaq: MODV), a technology-enabled healthcare services company, will present at two investor conferences in January 2022. The first is the J.P. Morgan 40th Annual Healthcare Conference on January 11, 2022 at 11:15 a.m. ET, followed by the CJS 22nd Annual New Ideas for the New Year Conference on January 12, 2022 at 3:45 p.m. ET. Webcasts will be available on ModivCare's website. ModivCare provides integrated supportive care solutions, focusing on improving patient outcomes and addressing social determinants of health.

ModivCare has appointed Grover N Wray as its new Chief Human Resources Officer. With over 30 years of experience, including roles at DigitalGlobe and Western Union, Wray aims to enhance talent acquisition and team engagement at ModivCare. Daniel Greenleaf, President and CEO, emphasized Wray’s track record in improving employee productivity and business results. Wray expressed enthusiasm for ModivCare's mission focused on addressing social determinants of health and looks forward to building an effective team.