DocGo Secures Two-Year Transportation Contract Renewal with Major Tennessee Healthcare System
10 Dicembre 2024 - 1:35PM
Business Wire
DocGo Inc. (Nasdaq: DCGO) (“DocGo” or the “Company”), a leading
provider of technology-enabled mobile health services, today
announced that its Ambulnz subsidiary signed a two-year renewal of
its contract with a major Tennessee healthcare system. This
renewal, building on a six-year partnership, highlights the
Company’s reliability in delivering efficient and high-quality
medical transportation services.
Under the renewed agreement, Ambulnz by DocGo will continue
providing critical services such as hospital discharge
transportation and interfacility transfers. The partnership
currently supports approximately 17,000 trips annually, with plans
to exceed 20,000 trips per year during this renewal period. In the
past year alone, the number of trips increased by over 25%,
reflecting a growing demand for these services.
“Our continued collaboration with this health system
demonstrates the value we bring in supporting patient flow and
enhancing healthcare accessibility,” said Lee Bienstock, CEO of
DocGo. “This contract renewal not only reinforces our commitment to
delivering high-quality and reliable transportation services, but
also positions us for further growth in Tennessee, where we are
dedicated to meeting the evolving needs of healthcare systems and
patients alike.”
By helping to ensure seamless patient transport, the Company
enables healthcare systems to improve coordination, reduce
inefficiencies, and enhance patient outcomes. This continued
partnership exemplifies DocGo’s mission to provide proactive
healthcare solutions, leveraging innovative technology and
dedicated field staff to help its partners optimize healthcare
delivery.
About DocGo
DocGo is leading the proactive healthcare revolution with an
innovative care delivery platform that includes mobile health
services, remote patient monitoring and ambulance services. DocGo
is helping to reshape the traditional four-wall healthcare system
by providing high quality, highly accessible care to patients where
and when they need it. DocGo’s proprietary technology and
relationships with a dedicated field staff of certified health
professionals elevate the quality of patient care and drive
business efficiencies for facilities, hospital networks and health
insurance providers. With Mobile Health, DocGo empowers the full
promise and potential of telehealth by facilitating healthcare
treatment, in tandem with a remote physician, in the comfort of a
patient’s home or workplace. Together with DocGo’s integrated
Ambulnz medical transport services, DocGo is bridging the gap
between physical and virtual care. For more information, please
visit www.docgo.com. To get an inside look on how the proactive
healthcare revolution is helping transform healthcare by reducing
costs, increasing efficiency and improving outcomes, visit
www.proactivecarenow.com.
Forward-Looking Statements
This press release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, regarding, among other things, the Company’s plans,
strategies, outcomes, and prospects, both business and financial,
including the Company’s provision of services and further growth in
Tennessee. These statements are based on the beliefs and
assumptions of the Company’s management. Although the Company
believes that its plans, intentions and expectations reflected in
or suggested by these forward-looking statements are reasonable,
the Company cannot assure you that it will achieve or realize these
plans, intentions, outcomes, results or expectations. Accordingly,
you should not place undue reliance on such statements. All
statements other than statements of historical fact are
forward-looking. In some cases, these statements may be preceded
by, followed by or include the words “believes,” “estimates,”
“expects,” “projects,” “forecasts,” “may,” “might,” “will,”
“should,” “could,” “can,” “would,” “design,” “potential,” “seeks,”
“plans,” “scheduled,” “anticipates,” “intends” or the negative of
these terms or similar expressions. Forward-looking statements are
inherently subject to substantial risks, uncertainties and
assumptions, many of which are beyond the Company’s control, and
which may cause the Company’s actual results or outcomes, or the
timing of results or outcomes, to differ materially from those
contained in the Company’s forward-looking statements, including,
but not limited to the following: the Company’s ability to
successfully implement its business strategy, including with
respect to the provision of services in Tennessee; the Company’s
reliance on and ability to maintain its contractual relationships
with its healthcare provider partners and clients; the Company’s
ability to compete effectively in a highly competitive industry;
the Company’s ability to maintain existing contracts, including the
contract to provide services in Tennessee; the Company’s reliance
on government contracts; the Company’s ability to effectively
manage its growth; the Company’s financial performance and future
prospects; the Company’s ability to deliver on its business
strategies or models, plans and goals; the Company’s ability to
expand geographically; the Company’s competitive position and
opportunities, including its ability to realize the benefits from
its operating model; and other risk factors included in the
Company’s filings with the Securities and Exchange Commission. The
forward-looking statements made in this press release are based on
events or circumstances as of the date on which the statements are
made. The Company undertakes no obligation to update any
forward-looking statements made in this press release to reflect
events or circumstances after the date of this press release or to
reflect new information or the occurrence of unanticipated events,
except as and to the extent required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20241210850221/en/
Media: Tommy Meara Moxie Strategies 718-309-3506
tommy@moxiestrategies.com Investors: Mike Cole DocGo
949-444-1341 mike.cole@docgo.com ir@docgo.com
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