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Modivcare Inc   (NASDAQ: MODV)
Other Ticker:  
 
    Sector  Services    Industry Personal Services
   Industry Personal Services
   Sector  Services
 
Price: $1.1200 $-0.17 -13.178%
Day's High: $1.34 Week Perf: -18.25 %
Day's Low: $ 1.10 30 Day Perf: -51.52 %
Volume (M): 191 52 Wk High: $ 32.82
Volume (M$): $ 214 52 Wk Avg: $16.33
Open: $1.26 52 Wk Low: $0.98



 Market Capitalization (Millions $) 16
 Shares Outstanding (Millions) 14
 Employees 7,486
 Revenues (TTM) (Millions $) 2,788
 Net Income (TTM) (Millions $) -201
 Cash Flow (TTM) (Millions $) 110
 Capital Exp. (TTM) (Millions $) 28

Modivcare Inc
ModivCare, formerly known as The Providence Service Corporation, is a leading provider of non-emergency medical transportation, home-based care coordination, and other healthcare-related services. The company has been in operation for over 20 years, and is headquartered in Atlanta, Georgia, with additional offices located throughout the United States.

ModivCarees mission is to provide essential care services to vulnerable individuals, including Medicaid and Medicare beneficiaries, individuals with disabilities, and others who require assistance accessing healthcare. The companyes transportation services are designed to ensure that patients are able to get to medical appointments on time, while its home-based care coordination services help patients to manage their healthcare needs from the comfort of their own homes.

In addition to its transportation and care coordination services, ModivCare also provides a range of other healthcare-related services, including care management, behavioral health services, pharmacy management, and medical equipment procurement and distribution. The company is committed to providing high-quality, compassionate care to its patients, and has earned a strong reputation for its expertise in the healthcare industry.

ModivCarees customer base includes government agencies, healthcare providers, managed care organizations, and other organizations responsible for providing healthcare services to vulnerable populations. The company is committed to serving these customers with integrity and professionalism, and has built a strong track record of success in meeting their needs.

Overall, ModivCare is a highly respected provider of healthcare-related services, with a mission-focused on ensuring that vulnerable individuals have access to the care they need to live healthy, fulfilling lives. With a committed team of professionals and a strong reputation in the healthcare industry, the company is poised for continued growth and success in the years to come.


   Company Address: 6900 E Layton Avenue, Denver, 80237 CO
   Company Phone Number: 258-2130   Stock Exchange / Ticker: NASDAQ MODV


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BKD        5.43% 
CHE        0.11% 
DCGO   -12.45%    
OPCH   -4.07%    
• View Complete Report
   



Announcement

Rosen Law Firm Urges ModivCare Investors to Act Before March 31 Class Action Deadline

Published Fri, Mar 21 2025 6:26 PM UTC

In a recent announcement, the Rosen Law Firm, a globally recognized law firm specializing in investor rights, has urged shareholders of ModivCare Inc. (NASDAQ: MODV) to take immediate action as they approach a critical deadline in a securities class action lawsuit. The firm has identified March 31, 2025, as the lead plaintiff deadline for investors who purchased ModivCare se...

Announcement

ModivCare Inc. Faces Securities Class Action Deadline Amid Mixed Financial Performance

Published Tue, Mar 18 2025 7:27 PM UTC

In a recent reminder to investors, Rosen Law Firm, a prominent global investor rights law firm, has urged shareholders of ModivCare Inc. (NASDAQ: MODV) to secure legal counsel ahead of a crucial deadline in a securities class action. Shareholders who purchased securities of ModivCare between November 3, 2022, and September 15, 2024, must take note: March 31, 2025, is the dea...

Business Update

Modivcares Strategic Moves Reflect Growth Ambitions and Commitment to Community Health

Published Fri, Feb 28 2025 12:05 PM UTC

Modivcare Inc. (Nasdaq: MODV), a prominent player in the healthcare services sector, continues to demonstrate its strategic foresight and commitment to improving health outcomes through innovative partnerships and robust financial planning. This Denver-based technology-enabled healthcare services company, known for its integrated supportive care solutions, is poised for sign...

Business Update

Modivcare Amplifies Commitment to Community Health and Financial Stability with Strategic Partnerships and Credi...

Published Wed, Oct 2 2024 12:47 AM UTC

Modivcare Strengthens Financial Position and Community Engagement with Key Partnerships and Initiatives DENVER, CO Modivcare Inc. (NASDAQ: MODV), a leading technology-enabled healthcare services company focused on integrated supportive care solutions, has recently made significant strides in both its financial framework and community engagement efforts. With an amended C...

Business Update

Modivcare Positioned for Success Despite Receivables Challenges A Financial Update

Published Mon, Sep 16 2024 11:56 AM UTC

Modivcare Provides Financial Update: A Panoramic View on Receivables and Resilience In an era where healthcare services are increasingly pivoting towards technology-enabled solutions, Modivcare Inc. (Nasdaq: MODV) continues to make waves as a pioneering force in the industry. Headquartered in Denver, Modivcare is on the frontline of integrating supportive care solutions aime...







Modivcare Inc's Segments
NEMT    70.12 % of total Revenue
PCS    26.85 % of total Revenue
RPM    2.77 % of total Revenue
Corporate and Other    0.26 % of total Revenue
Other service revenue    0.26 % of total Revenue
NEMT Capitated Contracts    55.43 % of total Revenue
NEMT FFS Contracts    14.69 % of total Revenue
PCS FFS Contracts    26.85 % of total Revenue
RPM PMPM Contracts    2.77 % of total Revenue
Reconciliation contract payables    -0.13 % of total Revenue
Profit rebate corridor contract payables    -5.71 % of total Revenue
Overpayments and other cash items    -0.37 % of total Revenue





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