DocGo Subsidiary Secures One-Year, $4M Contract Extension To Provide 911 Basic Life Support Services To The City Of Atlantic City
Portfolio Pulse from Benzinga Newsdesk
DocGo's subsidiary has secured a one-year, $4 million contract extension to provide 911 Basic Life Support services to Atlantic City, starting August 1, 2024. The contract includes two additional one-year renewal options, potentially extending the partnership through 2027.
August 02, 2024 | 11:38 am
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DocGo's subsidiary has secured a $4 million contract extension to provide 911 Basic Life Support services to Atlantic City, starting August 1, 2024. This contract includes two additional one-year renewal options, potentially extending the partnership through 2027.
The contract extension is a positive development for DocGo, as it secures a steady revenue stream of $4 million for at least one year, with the potential to extend through 2027. This stability can positively impact investor sentiment and the stock price in the short term.
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