DocGo Secures Two-Year Transportation Contract Renewal with Major Tennessee Healthcare System

DCGO 12.10.2024

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NEW YORK--(BUSINESS WIRE)--Dec. 10, 2024--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 majorTennesseehealthcare 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 byDocGowill 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,” saidLee Bienstock, CEO ofDocGo. “This contract renewal not only reinforces our commitment to delivering high-quality and reliable transportation services, but also positions us for further growth inTennessee, 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.

AboutDocGo

DocGois leading the proactive healthcare revolution with an innovative care delivery platform that includes mobile health services, remote patient monitoring and ambulance services.DocGois 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. WithMobile Health,DocGoempowers 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,DocGois bridging the gap between physical and virtual care. For more information, please visitwww.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, visitwww.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 inTennessee. 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 inTennessee; 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 inTennessee; 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 theSecurities 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 onbusinesswire.com:https://www.businesswire.com/news/home/20241210850221/en/

Media:Tommy MearaMoxie Strategies718-309-3506tommy@moxiestrategies.comInvestors:Mike ColeDocGo949-444-1341mike.cole@docgo.comir@docgo.com

Source:DocGo Inc.

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