Latest news with #Modivcare
Business Wire
3 days ago
- Business
- Business Wire
Modivcare Regains Compliance with Nasdaq Continued Listing Standard
DENVER--(BUSINESS WIRE)--Modivcare Inc. (the 'Company' or 'Modivcare') (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, today announced it has regained compliance with Rule 5450(b)(3)(C) of the Nasdaq Stock Market LLC ('Nasdaq') regarding the Company's market value of publicly held shares ('MVPHS'). On July 7, 2025, the Company received confirmation from Nasdaq that it regained compliance with the MVPHS requirement for continued listing on Nasdaq, having confirmed that the Company's MVPHS had been above $15 million for at least the last 20 consecutive business days. Accordingly, the Company again satisfies all Nasdaq listing standards required for continued listing on The Nasdaq Global Select Market. 'We are pleased to regain full compliance with Nasdaq listing standards, and to have achieved this by means of stock performance and appreciation,' said L. Heath Sampson, President and CEO. 'We are continuing our efforts to enhance enterprise value and build a stronger, more connected Modivcare.' ModivCare will continue to be traded on The Nasdaq Global Select Market, subject to its continued compliance with all applicable listing requirements. About Modivcare Modivcare Inc. ("Modivcare") is a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions for public and private payors and their members. Modivcare's value-based solutions address the social determinants of health (SDoH) by connecting members to essential care services. By doing so, Modivcare helps health plans manage risks, reduce costs, and improve health outcomes. Modivcare serves as a provider of non-emergency medical transportation (NEMT), personal care services (PCS), and in-home monitoring solutions (Monitoring). To learn more about Modivcare, please visit Forward-Looking Statements Certain statements contained in this press release constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are predictive in nature and are frequently identified by the use of terms such as 'may,' 'will,' 'should,' 'expect,' 'believe,' 'estimate,' 'intend,' and similar words indicating possible future expectations, events or actions. Such forward-looking statements are based on current expectations, assumptions, estimates and projections about our business and our industry, and are not guarantees of our future performance. These statements are subject to a number of known and unknown risks, uncertainties and other factors, many of which are beyond our ability to control or predict, which may cause actual results to be materially different from those expressed or implied herein. The Company has provided additional information about the risks facing its business in its most recent annual report on Form 10-K and any subsequent periodic and current reports on Forms 10-Q and 8-K filed by it with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made and are expressly qualified in their entirety by the cautionary statements set forth herein and in our filings with the Securities and Exchange Commission, which you should read in their entirety before making an investment decision with respect to our securities. We undertake no obligation to update or revise any forward-looking statements contained in this release, whether as a result of new information, future events or otherwise, except as required by applicable law.
Business Wire
16-06-2025
- Business
- Business Wire
Modivcare Releases 2024 Sustainability Report
DENVER--(BUSINESS WIRE)--Modivcare Inc. (the 'Company' or 'Modivcare') (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, today released its 2024 Sustainability Report. This annual report provides an update regarding Modivcare's sustainability framework, which is underpinned in four key areas: responsible business practices, member support, our team, and environmental management. Modivcare's 2024 Sustainability Report can be found on the Company's Investor Relations website on the governance documents page and can be accessed at this link. About Modivcare Modivcare Inc. ("Modivcare" or the "Company") is a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions for public and private payors and their members. Modivcare's value-based solutions address the social determinants of health (SDoH) by connecting members to essential care services. By doing so, Modivcare helps health plans manage risks, reduce costs, and improve health outcomes. Modivcare serves as a provider of non-emergency medical transportation (NEMT), personal care services (PCS), and in-home monitoring solutions (Monitoring). To learn more about Modivcare, please visit
Associated Press
04-06-2025
- Business
- Associated Press
Modivcare Recognizes DAB Transport for Compassionate Care and Commitment to Community Health
DUBLIN, Ga.--(BUSINESS WIRE)--Jun 4, 2025-- Modivcare Inc. (the 'Company' or 'Modivcare') (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, proudly recognizes DAB Transport's outstanding commitment to service central Georgia with compassion and flexibility. Founded in 2020 by Regina Mcrae, a licensed professional counselor with nearly two decades of experience in mental health care, DAB Transport was born out of a desire to continue helping people in a way that best served their needs. What began with two drivers and two vehicles has rapidly grown into a trusted operation with 15 drivers serving 5–6 counties and managing up to 600 non-emergency medical transportation (NEMT) trips per week. Named after her three children – Derick, Arianna, and Breonna – DAB Transport remains a small but mighty provider known for its personal approach and deeply involved service model. One powerful example is the company's work transporting young adults involved in a Laurens County program supporting young adults with mental health needs. One passenger, who once mentioned wanting to work during her rides, later pursued employment, crediting Mcrae's encouragement and support for helping her take that step. 'I started DAB Transport as a way to continue making a difference after experiencing burnout from high-intensity mental health crisis work,' said Mcrae. 'Whether it's dialysis patients whose families we come to know personally, or young people on the path to independence, we know we're more than just a ride.' DAB Transport has partnered with Modivcare from the start, relying on the relationship to fuel steady growth in ride volumes while maintaining a flexible, member-centric approach. 'Regina and the DAB Transport team exemplify what it means to go beyond transportation,' said Rodney Taylor, Modivcare's Senior Director - Transportation Operations for Georgia. 'Their ability to adapt and deliver personalized care in the form of safe, timely rides is essential to our mission. They are a shining example of how NEMT can serve as a powerful link in a member's care journey.' DAB Transport's success is built on strong hiring, operational flexibility, and a shared understanding that every trip can change a life. Mcrae notes that she and her team are always ready to fill gaps, and there have been several instances where she has stepped behind the wheel herself when needed. Life-sustaining care is not optional, so if a driver is sick and can't come to work, the team prides themselves on being able to pivot and still deliver rides even when unpredictable circumstances occur. To learn more about Modivcare, visit Georgia | Modivcare. About Modivcare Modivcare Inc. ('Modivcare' or the 'Company') is a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions for public and private payors and their members. Modivcare's value-based solutions address the social determinants of health (SDoH) by connecting members to essential care services. By doing so, Modivcare helps health plans manage risks, reduce costs, and improve health outcomes. Modivcare serves as a provider of non-emergency medical transportation (NEMT), personal care services (PCS), and in-home monitoring solutions (Monitoring). To learn more about Modivcare, please visit View source version on [email protected] KEYWORD: UNITED STATES NORTH AMERICA GEORGIA INDUSTRY KEYWORD: OTHER TRANSPORT PUBLIC TRANSPORT TRANSPORT HEALTH TECHNOLOGY HEALTH INSURANCE TRANSPORTATION MANAGED CARE HEALTH TRAVEL SOURCE: Modivcare Inc. Copyright Business Wire 2025. PUB: 06/04/2025 07:00 AM/DISC: 06/04/2025 06:58 AM
Business Wire
04-06-2025
- Business
- Business Wire
Modivcare Recognizes DAB Transport for Compassionate Care and Commitment to Community Health
DUBLIN, Ga.--(BUSINESS WIRE)-- Modivcare Inc. (the 'Company' or 'Modivcare') (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, proudly recognizes DAB Transport's outstanding commitment to service central Georgia with compassion and flexibility. Founded in 2020 by Regina Mcrae, a licensed professional counselor with nearly two decades of experience in mental health care, DAB Transport was born out of a desire to continue helping people in a way that best served their needs. What began with two drivers and two vehicles has rapidly grown into a trusted operation with 15 drivers serving 5–6 counties and managing up to 600 non-emergency medical transportation (NEMT) trips per week. Named after her three children – Derick, Arianna, and Breonna – DAB Transport remains a small but mighty provider known for its personal approach and deeply involved service model. One powerful example is the company's work transporting young adults involved in a Laurens County program supporting young adults with mental health needs. One passenger, who once mentioned wanting to work during her rides, later pursued employment, crediting Mcrae's encouragement and support for helping her take that step. 'I started DAB Transport as a way to continue making a difference after experiencing burnout from high-intensity mental health crisis work,' said Mcrae. 'Whether it's dialysis patients whose families we come to know personally, or young people on the path to independence, we know we're more than just a ride.' DAB Transport has partnered with Modivcare from the start, relying on the relationship to fuel steady growth in ride volumes while maintaining a flexible, member-centric approach. 'Regina and the DAB Transport team exemplify what it means to go beyond transportation,' said Rodney Taylor, Modivcare's Senior Director - Transportation Operations for Georgia. 'Their ability to adapt and deliver personalized care in the form of safe, timely rides is essential to our mission. They are a shining example of how NEMT can serve as a powerful link in a member's care journey.' DAB Transport's success is built on strong hiring, operational flexibility, and a shared understanding that every trip can change a life. Mcrae notes that she and her team are always ready to fill gaps, and there have been several instances where she has stepped behind the wheel herself when needed. Life-sustaining care is not optional, so if a driver is sick and can't come to work, the team prides themselves on being able to pivot and still deliver rides even when unpredictable circumstances occur. To learn more about Modivcare, visit Georgia | Modivcare. About Modivcare Modivcare Inc. ("Modivcare" or the "Company") is a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions for public and private payors and their members. Modivcare's value-based solutions address the social determinants of health (SDoH) by connecting members to essential care services. By doing so, Modivcare helps health plans manage risks, reduce costs, and improve health outcomes. Modivcare serves as a provider of non-emergency medical transportation (NEMT), personal care services (PCS), and in-home monitoring solutions (Monitoring). To learn more about Modivcare, please visit
Yahoo
21-05-2025
- Health
- Yahoo
Modivcare Commends New Jersey NEMT Provider for Heroic Response During Medical Emergency
During a routine transport, New Jersey driver supported a pregnant passenger who went into labor EDISON, N.J., May 21, 2025--(BUSINESS WIRE)--Modivcare Inc. (the "Company" or "Modivcare") (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, is proud to recognize New Jersey transportation provider, Joyful Medical Transportation, LLC, for its dedication to serving its members. In October 2024, Joyful Medical Transportation went above and beyond to care for a member who went into labor during a scheduled routine non-emergency medical transportation (NEMT) ride. Once alerted, driver Brandon Gaston took action to quickly redirect to the nearest hospital, arriving at the facility in time for hospital staff to assist in a safe and successful delivery. This trip showcases the provider's outstanding dedication to ensuring Modivcare members can access the care they need, even in an unpredictable circumstance. "We commend Brandon for his quick thinking and calm demeanor that helped display our team's unwavering commitment to care," said Moses Adedeji, owner of Joyful Medical Transportation. "His actions are a powerful example of the dedication our team brings to serving our New Jersey members every day as not just transportation providers, but as trusted partners in their care journey." Joyful Medical Transportation has served its community in partnership with Modivcare since 2023, operating with four vehicles to facilitate transportation for underserved populations. Modivcare serves more than 2 million New Jersey residents with its NEMT services and has managed the program for the state since 2009. "This scenario speaks volumes about the attentiveness of a driver during a routine ride that turned emergent," said Leroy Boone, Modivcare's Senior Director of Transportation Operations, New Jersey. "Joyful Medical Transportation's swift, safe, and compassionate action ensured both the mother and baby received the critical care they needed in time. We're proud to have a team that prioritizes the well-being of every member and embodies our mission to connect people with the care they need." To learn more about Modivcare in New Jersey, please visit New Jersey | Modivcare. About Modivcare Modivcare Inc. ("Modivcare" or the "Company") is a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions for public and private payors and their members. Modivcare's value-based solutions address the social determinants of health (SDoH) by connecting members to essential care services. By doing so, Modivcare helps health plans manage risks, reduce costs, and improve health outcomes. Modivcare serves as a provider of non-emergency medical transportation (NEMT), personal care services (PCS), and in-home monitoring solutions (Monitoring). To learn more about Modivcare, please visit View source version on Contacts Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
