Healthcare Services Expansion: DocGo Acquires PTI Health to Enhance Mobile Offerings
DocGo Inc. (Nasdaq: DCGO), a leader in technology-driven mobile health services, has announced the acquisition of PTI Health, a mobile lab collection and phlebotomy services provider based in the Mid-Atlantic region. This acquisition enhances DocGo’s healthcare services by introducing mobile phlebotomy lab services, filling essential gaps in diagnostic care, especially for underserved communities. The move allows DocGo to offer convenient and timely blood collection and at-home testing services, providing greater access to healthcare for patients with limited transportation options or access to traditional labs.
DocGo Inc. (Nasdaq: DCGO), a leader in technology-enabled mobile health services, has expanded its service offerings with the acquisition of PTI Health, a prominent provider of mobile lab collection and phlebotomy services in the Mid-Atlantic region. This strategic acquisition will integrate PTI Health’s existing partnerships and platform integrations with the two largest national labs, allowing DocGo to broaden its healthcare services and extend PTI Health’s footprint into new markets. One of the first goals following the acquisition is to expand operations into New York City, addressing critical gaps in lab and diagnostic services in one of the largest urban markets in the U.S.
Lee Bienstock, CEO of DocGo, expressed enthusiasm about the acquisition, stating, “PTI Health has a great team and integrates with the largest laboratory service providers in the U.S. We’re incredibly excited to complete this transaction. By incorporating PTI Health’s mobile lab collection and phlebotomy services, we’re expanding our mobile health offerings and strengthening our vertically integrated care model. This expansion will enable us to bring diagnostic and primary care services to more patients across our network.”
DocGo’s mobile health model allows the company to deliver care directly to patients at home or in their workplace, and the addition of PTI Health’s capabilities will further enhance this model. PTI Health’s specialized services are ideal for patients who are homebound or face significant transportation challenges. The company’s mobile phlebotomists perform in-home blood draws and other medical collections, making diagnostic services more accessible and addressing care gaps by collaborating directly with healthcare providers.
“PTI Health is highly experienced in serving homebound patients and has been instrumental in enabling seamless diagnostics for many patients across the U.S.,” Bienstock continued. “We believe this acquisition is a perfect fit for us, as it allows us to leverage our existing customer base to drive further growth at PTI Health and expand our service offerings.”
In addition to in-home lab collections, PTI Health also supports mobile clinical trials, a new opportunity that will expand DocGo’s healthcare offerings. This will enable DocGo to support a growing need for mobile healthcare solutions in clinical trial settings, where on-site visits may not always be possible.
Wayne Meadows, the President of PTI Health, will join DocGo as a General Manager following the acquisition. “I’m excited to join DocGo and help expand the success that PTI Health has already achieved,” Meadows said. “DocGo’s commitment to providing world-class patient care is evident in their impressive Net Promoter Score (NPS) of 86 for mobile health in 2024. I look forward to working with the team to elevate PTI Health’s services and expand our reach across DocGo’s entire U.S. footprint, delivering essential healthcare access to even more patients.”
DocGo’s acquisition of PTI Health aligns with its mission to revolutionize proactive healthcare. By expanding its mobile healthcare services and integrating PTI Health’s capabilities, DocGo is poised to offer a more comprehensive suite of services that include remote patient monitoring, mobile health, and ambulance transport services. This holistic approach allows DocGo to address a broad spectrum of patient needs, ensuring timely, convenient, and high-quality care at home or in the workplace.
DocGo’s mobile health services, combined with PTI Health’s mobile phlebotomy solutions, will not only streamline the healthcare process for patients but also help address the growing challenges of healthcare accessibility. These services are particularly important for individuals with limited access to transportation or those living in underserved areas where traditional healthcare facilities may be out of reach.
About DocGo:
DocGo is a leader in proactive healthcare, offering innovative solutions such as mobile health services, remote patient monitoring, and ambulance transport. By shifting healthcare delivery beyond traditional settings, DocGo provides high-quality care where and when patients need it, improving both access and outcomes. The company uses proprietary technology and a skilled team of certified health professionals to elevate patient care and enhance efficiency across healthcare networks. DocGo’s mobile health services, combined with remote care and integrated ambulance services, bridge the gap between virtual and in-person healthcare, offering patients a seamless care experience tailored to their needs.
