Management will Provide 2022 Guidance and Long-Term Outlook
DENVER--(BUSINESS WIRE)-- Modivcare Inc. (“Modivcare” or the “Company”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving patient outcomes, will host its inaugural Investor Day in Denver, Colorado today, Thursday, June 23, 2022. Members of Modivcare’s senior management team will provide an overview of the Company’s business model, growth strategy, and detailed reviews of its two operating divisions, Mobility and Home. During the presentation, management will provide 2022 guidance for consolidated revenue and Adjusted EBITDA. Additionally, management will present a long-term outlook for revenue growth and Adjusted EBITDA margin by business segment.
“Over the last couple of years, we have significantly transformed Modivcare to enable greater access to care, reduce costs, and improve outcomes for the 32 million members we serve,” said Dan Greenleaf, President and Chief Executive Officer of Modivcare. “We have not only strategically reshaped the business, but also our senior management team. Our Investor Day is a showcase of the strong, dynamic leaders of the company to the investment community and a comprehensive review of our supportive care platform, including our non-emergency medical transportation, personal care services, and remote patient monitoring. We are also pleased to share our growth strategy and will provide an outlook for 2022, as well as long-term revenue growth and Adjusted EBITDA margin targets, which will help investors understand the durable nature of our business and the underlying drivers of growth. We have a unique, and industry-leading platform of services focused on addressing the social determinants of health that makes Modivcare the partner of choice and will drive bundling and cross-selling opportunities.”
Investor Day Webcast
Modivcare’s Investor Day is being held in-person and will also be available virtually through an audio and video webcast that will be broadcast simultaneously on Modivcare’s investor relations website at investors.www.modivcare.com. The accompanying Investor Day presentation, which includes financial and other statistical information that will be discussed in the presentation, and the question-and-answer session with management that will follow the prepared remarks in the presentation will be accessible on Modivcare’s investor relations website. A replay of the presentation will be available following the conclusion of the event.
Modivcare Inc. (“Modivcare”) (Nasdaq: MODV) is a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions for public and private payors and their patients. Our value-based solutions address the social determinants of health (SDoH), enable greater access to care, reduce costs, and improve outcomes. We are a leading provider of non-emergency medical transportation (NEMT), personal care and remote patient monitoring. To learn more about Modivcare, please visit www.www.modivcare.com.
An investment in the Company involves risk. The Company has provided information about the risks facing our business in our annual report on Form 10-K and our more recent filings with the Securities and Exchange Commission. You should read in their entirety the cautionary statements provided in our filings with the Securities and Exchange Commission before making an investment decision with respect to our securities.
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Source: Modivcare Inc.