ModivCare Inc.

ModivCare Inc.

$6.49
-0.86 (-11.7%)
NASDAQ Global Select
USD, US
Medical - Care Facilities

MODV Price Chart

Basic
Market Cap$96.99M
Price$6.49
52 Week Range5.55-52.33
Beta0.49
Margins
Gross Profit Margin12.59%
Operating Profit Margin0.86%
Net Profit Margin-6.57%
Valuation (TTM)
P/E Ratio-0.51
Price to Sales Ratio0.03
Price to Book Ratio-5.44
PEG Ratio0.04

Industry

Medical - Care Facilities

Sector

Healthcare

Full-Time Employees

21,200

IPO Date

2003-08-20T00:00:00.000Z

Description

ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and patients. The company operates through four segments: Non-Emergency Medical Transportation (NEMT), Personal Care, Remote Patient Monitoring (RPM), and the Matrix Investment. The NEMT segment offers contact center management, network credentialing, claims management, and non-emergency medical transport management services for Medicaid or Medicare eligible members, whose limited mobility or financial resources hinder their ability to access necessary healthcare and social services. The Personal Care segment provides bathing, personal hygiene, grooming, oral care, dressing, medication reminders, meal planning, preparation and feeding, housekeeping, transportation services, prescription reminders, and assistance with dressing and ambulation services through placing non-medical personal care assistants, home health aides, and skilled nurses primarily to Medicaid patients in need of care monitoring and assistance in performing daily living activities, including senior citizens and disabled adults. The RPM segment offers personal emergency response systems, vitals monitoring, medication management, and data-driven patient engagement solutions. The Matrix Investment segment provides in-home and on-site care services, as well as a fleet of mobile health clinics that offers community-based care with advanced diagnostic capabilities and care options. It serves federal, state, and local government agencies, MCOs, commercial insurers, private individuals, and health systems. The company was formerly known as The Providence Service Corporation and changed its name to ModivCare Inc. in January 2021. ModivCare Inc. was incorporated in 1996 and is headquartered in Denver, Colorado.

Phone

303 728 7003

Address

6900 Layton Avenue, Denver, CO, 80237, US

CIK

0001220754