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DocGo Clears Breakeven on Major Launch

DocGo Inc. (NASDAQ: DCGO) was in positive territory, if only slightly so, early Tuesday. The company, a leading provider of technology-enabled mobile health and medical transportation services, today announced plans to launch Longitudinal Care Services in partnership with a California-based insurance provider.

“Leveraging the Company’s primary care capabilities,” reads this morning’s news release, “this program will provide preventative care, chronic care management and transitions of care services, targeting 10,000 plan members who are under-engaged in their own care. The program is expected to launch in Q4.”

The release goes on to say the program will utilize DocGo’s innovative combination of telehealth services and on-site clinical support to deliver convenient and comprehensive patient care.

Clinicians from DocGo’s affiliated clinical practice group will bring essential preventative care directly to patients' homes, using connected diagnostic equipment to facilitate patient treatment under the supervision of virtual advanced practice providers.

Another nugget from this morning’s announcement: studies show that over 30% of U.S. adults lack a primary care physician, resulting in delayed or missed preventative visits.

“This dynamic leads to increased use of overburdened hospital Emergency Departments for routine medical treatments and worsening chronic conditions – particularly among vulnerable populations who lack access to transportation and face additional social determinant of health challenges.”

DCGO shares gathered two cents, or 1.6%, to $1.05.