ModivCare Inc. (MODV) News
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MODV News Highlights
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Latest MODV News From Around the Web
Below are the latest news stories about MODIVCARE INC that investors may wish to consider to help them evaluate MODV as an investment opportunity.
ModivCare downgraded to Equal Weight from Overweight at StephensStephens analyst Raj Kumar downgraded ModivCare (MODV) to Equal Weight from Overweight with a price target of $17, down from $21, as coverage was transitioned to a new analyst. While recognizing the company’s “significant progress,” near-term liquidity constraints and going concern worries as well as broader macro uncertainty around Medicaid utilization and funding are “key inputs we cannot overlook” relative to the enterprise’s long-term potential, the analyst tells investors. Published first o |
Modivcare Raises $105 Million in Incremental Financing Backed by Stakeholders Across the Capital Structure and Takes Strategic Steps to Position Business for the FutureDENVER, January 10, 2025--Modivcare Inc. (the "Company" or "Modivcare") (Nasdaq: MODV), a technology-enabled healthcare services company providing a platform of integrated supportive care solutions focused on improving health outcomes, today announced key initiatives to support future growth. The Company has secured $75 million in incremental financing, backed by stakeholders across the capital structure, and appointed Chad Shandler as its Chief Transformation Officer. An existing investor, Coli |
ModivCare Inc.'s (NASDAQ:MODV) Intrinsic Value Is Potentially 98% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, ModivCare fair value estimate is US$37.11 Current share price... |
Modivcare Reports Third Quarter 2024 Financial Results; Affirms 2024 GuidanceDENVER, November 06, 2024--Modivcare Inc. (the "Company" or "Modivcare") (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, today reported financial results for the three and nine months ended September 30, 2024. |
Investors in ModivCare (NASDAQ:MODV) from three years ago are still down 90%, even after 12% gain this past weekThis week we saw the ModivCare Inc. ( NASDAQ:MODV ) share price climb by 12%. But only the myopic could ignore the... |
Modivcare and Michigan Center for Rural Health Partner to Extend Care Access by Introducing Remote Patient Monitoring in Rural HospitalsEAST LANSING, Mich., October 23, 2024--Modivcare Inc. (the "Company" or "Modivcare") (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, through its Higi service and in collaboration with the Michigan Center for Rural Health (MCRH), is proud to announce the successful completion of its 18-month Remote Patient Monitoring (RPM) pilot program designed to enhance healthcare delivery in |
Modivcare Announces Credit Agreement Amendment and Cash Collections UpdateDENVER, October 01, 2024--ModivCare Inc. ("Modivcare" or the "Company") (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, today announced that it has amended its Credit Agreement, dated February 3, 2022 (as amended to date, the "Credit Agreement"), with JPMorgan Chase Bank, N.A., as administrative agent, along with other key lenders. |
Modivcare Foundation and Build Jake’s Place Join Forces to Increase Play Opportunities in New JerseyCHERRY HILL, N.J., September 26, 2024--Modivcare Foundation, the philanthropic foundation of Modivcare (Nasdaq:MODV), is proud to highlight its support of Build Jake’s Place, an organization dedicated to creating inclusive playgrounds for children and adults with disabilities. This contribution spotlights Modivcare’s commitment to improving health outcomes and ensuring that everyone, regardless of ability, can engage in meaningful activities. |
Modivcare Provides Financial UpdateDENVER, September 16, 2024--Modivcare Inc. (the "Company" or "Modivcare") (Nasdaq: MODV), a technology-enabled healthcare services company providing a platform of integrated supportive care solutions focused on improving health outcomes, today addressed its recent filings with the U.S. Securities and Exchange Commission ("SEC") and announced adjusted guidance. |
Modivcare Partners with American College of Cardiology to Launch Caring Hearts Initiative in New JerseyCAMDEN, N.J., August 28, 2024--Modivcare Inc. (the "Company" or "Modivcare") (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, through its Higi service, highlights its partnership with the American College of Cardiology (ACC) to introduce the Caring Hearts Initiative in Camden County, New Jersey. This initiative aims to bring essential supportive care services to communities with |