DocGo Gains on Announcing New Services for Delaware

DocGo Inc. (NASDAQ: DCGO) shares got traction Monday, as the company, a leading provider of technology-enabled mobile health services, announced that its Ambulnz subsidiary has launched emergency medical and 911 services in Dover, Delaware.

On July 1, Ambulnz began providing basic life support (BLS) ambulances 24 hours a day, seven days a week, operating out of three stations in the Dover Fire District. The services are supported by a local management team and over 50 EMS field professionals. Ambulnz will now provide 911 services to the roughly 38,000 residents of Dover over the course of a three-year contract, which was awarded through a competitive bidding process.

This launch of 911 services represents an expansion of DocGo’s ongoing work in Dover, where the company has supported the Bayhealth system of hospitals since January 2022.

“We appreciate the trust that the City of Dover is placing in us to provide its residents with 911 and emergency medical services,” said Tyler Selak, Senior Director of Operations, DocGo. “Our trained medical professionals are local EMTs and paramedics with prior experience working in 911 systems. We will leverage our Dover EMS Division Ambulnz vehicles for efficient and effective emergency response, as well as support in special event standby services.”

DCGO shares advanced nine cents, or 2.9%, to $3.20.

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