DocGo Inc. (Nasdaq: DCGO) ("DocGo" or the "Company"), a leading
provider of technology-enabled mobile health services, today
announced that its Cardiac RMS subsidiary has signed a new contract
with one of the largest hospital systems in Mississippi.
Under the agreement, in early 2025 Cardiac RMS by DocGo is
scheduled to begin providing remote monitoring for nearly 3,000
patients with cardiac implantable electronic devices (“CIEDs”).
This new contract marks Cardiac RMS’s launch into Mississippi and
expands their pediatric customer base – reflecting the company’s
ability to provide remote monitoring solutions across all age
groups in this new geography.
Mississippi faces high rates of cardiovascular disease, limited
access to specialized care in rural areas, and significant
healthcare provider shortages that create unique challenges for
delivering effective, timely care. Cardiac RMS’s remote monitoring
will help reduce the need for frequent in-office visits and enable
early interventions that can prevent serious complications, while
also enhancing clinical efficiency by helping streamline
operations, reduce hospital readmissions, and improve patient
outcomes.
“Health systems are increasingly seeking solutions that empower
patient-centered care and more effective resource management,” said
Lee Bienstock, CEO of DocGo. “By partnering with Cardiac RMS,
providers can ensure continuous oversight of cardiac device
patients of all ages, helping to prevent complications, reduce
hospitalizations, and enhance operational efficiency. This
collaboration exemplifies how remote patient monitoring can be a
vital component of a modern, proactive, value-based care
strategy.”
Cardiac RMS by DocGo will provide continuous remote oversight of
patients with CIEDs, including pacemakers, implantable
cardioverter-defibrillators, implantable heart failure devices, and
implantable loop recorders, which require regular monitoring to
ensure proper function and to promptly detect any issues.
Through advanced technology and adaptable services, Cardiac RMS
by DocGo continues to elevate the delivery of cardiac care
services, helping providers improve outcomes and create seamless
patient experiences.
About Cardiac RMS by DocGo
Cardiac RMS LLC is a clinical service partner specializing in
remote monitoring of cardiac implantable electronic devices
(CIEDs), including pacemakers, defibrillators, implantable loop
recorders, and heart failure devices. Services also include Virtual
Care Management and Remote Physiologic Monitoring (RPM) to support
the treatment of chronic conditions. By enhancing care
accessibility and streamlining remote care, Cardiac RMS by DocGo
empowers providers to deliver proactive, patient-focused solutions
that improve outcomes and reduce costs.
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 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,
of the Company, including the provision of services by Cardiac RMS
in Mississippi. 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 Mississippi; 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
Cardiac RMS's new contract to provide services in Mississippi; 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241204874763/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
DocGo (NASDAQ:DCGO)
Historical Stock Chart
From Nov 2024 to Dec 2024
DocGo (NASDAQ:DCGO)
Historical Stock Chart
From Dec 2023 to Dec 2024