DocGo(NASDAQ) DCGO

DocGo brings healthcare to people’s homes, workplaces, and events. Its services help patients avoid hospital visits and get care where needed. The company also provides medical transportation for emergencies and routine needs.

Products and Services

• Mobile Health Services (38% of 2025 revenue): In-home and on-site care, including routine tests, chronic disease management, and preventive services for individuals and employers.
• Virtual Care: Telehealth and remote patient monitoring, serving about 55,000 patients with chronic conditions.
• Event Medical Services: On-site healthcare support at concerts, sports, and public gatherings.
• Transportation Services (62% of 2025 revenue): Emergency and non-emergency medical transport, including ambulances and wheelchair vehicles, for hospitals and clinics.
• Population Health Programs: Health outreach for underserved communities, often through government contracts.

Growth and Expansion

• Acquired SteadyMD (virtual care), PTI (mobile phlebotomy), and PCA (ambulance services) in 2025.
• Expanded virtual care network to all 50 U.S. states in 2025.
• Entered the United Kingdom market with transportation services before 2025.
• Formed partnerships with major health systems and government agencies, including NYC Health + Hospitals and the NHS UK.
• Invested in technology, including artificial intelligence and real-time tracking, to improve service delivery.

What Makes DocGo Stand Out

DocGo combines mobile health and transportation, offering care at any address. Its technology links vehicles, staff, and patient records for efficient service. The company’s risk-sharing contracts and focus on underserved groups set it apart from traditional providers.

Five Things You Need to Know

• Revenue was $322.2 million in 2025, down 47.7% from 2024.
• Mobile Health Services revenue fell 71.3% in 2025; Transportation Services rose 3.8%.
• Net loss was $(196.4) million in 2025, compared to $13.4 million net income in 2024.
• One customer made up 33% of 2025 revenue; government contracts are key.
• DocGo had $51.0 million in cash at year-end 2025, down from $89.2 million in 2024.

Bottom Line

DocGo has shifted from rapid growth to managing contract losses and cost pressures. Its mix of mobile health and transport services shows adaptability in a changing healthcare market.