Home Health Care News August 4, 2023
Modivcare Inc. (Nasdaq: MODV) continues to see personal care and remote patient monitoring as key tenants to its strategy to unlock value-based care arrangements.
“This is evidenced by new contracts,” Modivcare CEO L. Heath Sampson said during the company’s second-quarter earnings call Friday. “This makes us more enthusiastic about the long-term prospects, and we anticipate that performance will surpass our initial expectations.”
Based in Denver, Modivcare is a technology-enabled health care services company.
Apart from its at-home services — which include personal care, remote patient monitoring and meals — the company also is one of the largest providers of non-emergency medical transportation (NEMT).
Company leaders have been banging the drum for value-based care consistently over the past several months. The...