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DocGo (DCGO) investor relations material
DocGo IAccess Alpha Virtual MicroCap Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Business overview and strategy
Focuses on tech-driven mobile healthcare, delivering care and medical transportation to patients at home or between care settings, supported by a proprietary technology platform integrated with hospital systems like Epic.
Operates three main service lines: medical transportation, mobile healthcare, and remote patient monitoring, serving over 10 million patients to date across 31 states and the U.K.
Partners with major hospital systems and health insurers to close care gaps, reduce hospitalizations, and improve patient outcomes, with a growing list of payer partners and over 1.3 million patients identified for care gap closure.
Acquired SteadyMD to expand its network of advanced practice providers, enabling more efficient scaling and up to 10% gross margin improvement.
Maintains a vertically integrated model, combining proprietary tech, clinical staff, fleet, and managed care credentials for a seamless patient experience.
Financial performance and growth
Revenue guidance for next year is $280–$300 million, nearly tripling the base business over five years.
Q3 revenue was $70.8 million, with a 33% adjusted gross margin and an adjusted EBITDA loss of $7.2 million; medical transportation revenue was $50 million with a 31.7% margin.
No debt and $95.2 million in cash on the balance sheet, supporting ongoing investment in growth and infrastructure.
Record volumes across all business lines, including 2.5% growth in U.S. medical transportation, 320% in care gap closure, 11% in mobile phlebotomy, and 6% in remote patient monitoring year-over-year.
Revenue from COVID and migrant response is separated from base business to highlight sustainable growth.
Market trends and competitive positioning
Chronic disease management is a key focus, addressing a $4.5 trillion annual healthcare spend in the U.S.
CMS and industry analysts project significant growth in home-based care and a shift of 30% of the PCP market to non-traditional providers.
Proprietary tech platform enables efficient, HIPAA-compliant, and integrated care delivery, providing a competitive edge.
Vertical integration and comprehensive service offering distinguish the company from competitors like Amwell, Teladoc, and Uber Health.
Strong, long-term relationships with leading health systems and payers drive recurring revenue and expansion opportunities.
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