Craft

Modivcare

Stock Price

$25

2024-06-26

Market Capitalization

$355.7 M

2024-06-26

Revenue

$2.8 B

FY, 2023

Modivcare Summary

Company Summary

Overview
Modivcare is a health tech company that provides integrated supportive care solutions for public and private payors and their patients. It operates through four business segments: Non-Emergency Medical Transportation (NEMT), Personal Care, Remote Patient Monitoring (RPM), and Matrix. The NEMT segment offers fraud, waste, and abuse prevention and identification, risk underwriting, contact center management, network credentialing, claims management, etc. The Personal Care segment focuses on bathing, personal hygiene, grooming, oral care, dressing, medication reminders, meal planning, preparation and feeding, housekeeping, prescription reminders, and assistance. The RPM segment specializes in emergency response systems, vitals monitoring, medication adherence solutions, and integrated data reporting and analytics. The Matrix segment delivers segment risk adjustment, worksite certification, clinical trial, lab, and other solutions and services.
Type
Public
Status
Active
Founded
1996
HQ
Denver, CO, US | view all locations
Website
https://www.modivcare.com/
Cybersecurity rating
Sectors

Key People

  • L. Heath Sampson

    L. Heath Sampson, President and Chief Executive Officer

  • Grover N. Wray

    Grover N. Wray, Chief Human Resources Officer

  • Rebecca Orcutt

    Rebecca Orcutt, Senior Vice President, Chief Accounting Officer

  • Jody Kepler

    Jody Kepler, Chief Compliance Officer

Operating MetricsView all

Transportation Units

5.5K
4.4%

FY, 2021

Health Plans

47
20.3%

FY, 2021

Leased Locations

68
11.5%

FY, 2021

LocationsView all

1 location detected

  • Denver, CO HQ

    United States

    6900 E Layton Ave #1200

Modivcare Financials

Summary Financials

Revenue (Q1, 2024)
$684.5M
Gross profit (Q1, 2024)
$100.9M
Net income (Q1, 2024)
($22.3M)
Cash (Q1, 2024)
$10.3M
EBIT (Q1, 2024)
($3.4M)
Enterprise value
$1.5B

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