DocGo acquires virtual care platform SteadyMD

DocGo (DCGO) has acquired virtual care platform SteadyMD. SteadyMD powers telehealth experiences for digital health companies, labs, pharmacies, employers, and other healthcare innovators. The company offers a 50-state virtual clinician workforce, clinical operations, and world-class technology that powers real-time matching between patient needs and clinical expertise. SteadyMD is expected to service over 3 million patients in 2025, and maintains a roster of over 600 cliniciansIn 2025, SteadyMD is expected to generate approximately $25M in revenue and is expected to be EBITDA positive for 2026. The company plans to update 2025 revenue and adjusted EBITDA guidance to reflect the transaction. Guy Friedman, CEO and Co-Founder of SteadyMD, and Yarone Goren, COO and Co-Founder of SteadyMD, are joining the DocGo leadership team upon the close of the transaction. The company expects to fund the transaction through existing cash on its balance sheet.