Acquisition ExpansionDocGo acquires virtual care provider SteadyMD, expanding its virtual care capabilities and clinician network across all 50 states.
Financial StabilityDocGo has collected a substantial portion of its receivables related to the NY migrant contract, paid off its credit facility, and expects to have over $110 million in cash and investments, providing financial stability.
Technology IntegrationSteadyMD's tech platform is expected to increase efficiency in DocGo's mobile health platform, potentially lifting gross margins in the Mobile Health segment.