-4.31%
-67.69%
-75.28%
-81.83%
-89.70%
-96.55%
-93.99%
AI Spotlight on MODV
Company 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.
Market Data
| Last Price | 4 |
| Change Percentage | -4.31% |
| Open | 4.15 |
| Previous Close | 4.18 |
| Market Cap ( Millions) | 57 |
| Volume | 1347676 |
| Year High | 52.33 |
| Year Low | 3.83 |
| M A 50 | 12.25 |
| M A 200 | 19.84 |
Financial Ratios
| FCF Yield | -167.07% |
| Dividend Yield | 0.00% |
| ROE | -257.30% |
| Debt / Equity | -7426.97% |
| Net Debt / EBIDTA | 6336.52% |
| Price To Book | -3.35 |
| Price Earnings Ratio | -0.31 |
| Price To FCF | -0.6 |
| Price To sales | 0.02 |
| EV / EBITDA | 66.35 |
News
- Feb -01 - INVESTOR ALERT: The Schall Law Firm Invites Shareholders With Losses To Join A Securities Fraud Case Against ModivCare Inc.
- Feb -01 - SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Lawsuit Against ModivCare, Inc. – MODV
- Feb -01 - INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of ModivCare
- Jan -31 - Levi & Korsinsky Notifies ModivCare Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - MODV
- Jan -31 - ModivCare, Inc. Class Action Lawsuit Alert: Johnson Fistel Announces Shareholders with Losses Should Contact the Law Firm for More Information
- Jan -31 - Securities Fraud Investigation Into ModivCare, Inc. (MODV) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
- Jan -31 - MODV ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by ModivCare Inc.
- Jan -31 - ModivCare Inc. Is Being Sued For Securities Fraud And Investors With Losses Are Encouraged To Contact The Schall Law Firm
- Jan -31 - MODV SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that ModivCare, Inc. Stockholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
- Jan -31 - SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Lawsuit Against ModivCare, Inc. - MODV
- Jan -31 - Investors who lost money on ModivCare Inc. should contact Levi & Korsinsky about an ongoing investigation - MODV
- Jan -31 - MODIVCARE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against ModivCare, Inc. and Encourages Investors to Contact the Firm
- Jan -31 - The Schall Law Firm Urges Shareholders With Losses To Join A Securities Fraud Case Against ModivCare Inc.
- Jan -30 - ModivCare, Inc. (MODV) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
- Jan -30 - Securities Fraud Investigation Into ModivCare, Inc. (MODV) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
- Jan -30 - INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of ModivCare Inc. (MODV) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
- Jan -30 - MODV Investors Have Opportunity to Lead ModivCare Inc. Securities Fraud Lawsuit with the Schall Law Firm
- Jan -30 - ModivCare, Inc. Class Action Lawsuit Alert: Johnson Fistel Announces Shareholders with Losses Should Contact the Law Firm for More Information
- Jan -30 - ModivCare Inc. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - MODV
- Jan -30 - MODV INVESTOR ALERT: ModivCare, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Non-emergency Medical Transportation
Expected Growth : 4.5 %
What the company do ?
Non-emergency Medical Transportation from ModivCare Inc. provides safe and reliable transportation to medical appointments for individuals with disabilities, elderly, or those with special needs.
Why we expect these perspectives ?
ModivCare's Non-emergency Medical Transportation segment growth is driven by increasing demand for healthcare access, aging population, and government initiatives to reduce healthcare costs. Additionally, the company's strategic acquisitions, expanded service offerings, and investments in technology to improve operational efficiency are contributing to the 4.5% growth.
Segment n°2 -> Personal Care
Expected Growth : 4.2 %
What the company do ?
Personal Care from ModivCare Inc. provides non-medical in-home care services, including daily living assistance, to individuals with disabilities or chronic conditions.
Why we expect these perspectives ?
ModivCare's Personal Care segment growth of 4.2% is driven by increasing demand for non-medical home care services, expansion into new markets, and strategic partnerships. Additionally, the growing elderly population and government initiatives to promote home-based care are contributing to the segment's growth.
Segment n°3 -> Remote Patient Monitoring
Expected Growth : 5.5 %
What the company do ?
Remote Patient Monitoring from ModivCare Inc. enables healthcare providers to remotely track patients' vital signs and health data, improving patient outcomes and reducing hospital readmissions.
Why we expect these perspectives ?
ModivCare's Remote Patient Monitoring growth is driven by increasing adoption of telehealth, aging population, and chronic disease prevalence. Government incentives for value-based care, improved patient outcomes, and reduced healthcare costs also contribute to the 5.5% growth. Additionally, advancements in wearable technology, AI-powered analytics, and 5G network infrastructure enable seamless data transmission, further fueling growth.
Segment n°4 -> Corporate and Other Segment
Expected Growth : 3.8 %
What the company do ?
The Corporate and Other Segment from ModivCare Inc. includes unallocated corporate expenses, interest income, and other miscellaneous items not attributed to any specific segment.
Why we expect these perspectives ?
ModivCare's Corporate and Other Segment growth of 3.8% is driven by increasing demand for non-emergency medical transportation services, expansion into new markets, and strategic investments in technology and operational efficiencies. Additionally, the segment benefits from a diversified revenue stream, including management fees and other services, contributing to its steady growth.
Modivcare Inc. Products
| Product Range | What is it ? |
|---|---|
| Non-Emergency Medical Transportation (NEMT) | ModivCare provides non-emergency medical transportation services to help individuals with disabilities, elderly, and low-income communities access healthcare services. |
| Personal Care Services | ModivCare offers personal care services, including assistance with daily living activities, to support individuals with disabilities, elderly, and those with chronic conditions. |
| Viewpoint EHR | ModivCare's Viewpoint EHR is an electronic health record system designed for non-emergency medical transportation and personal care services providers. |
| ModivCare Mobility | ModivCare Mobility provides transportation management services, including ride-hailing and transportation network company (TNC) integration, to healthcare providers and payers. |
| Data Analytics and Insights | ModivCare offers data analytics and insights services to help healthcare providers and payers optimize operations, reduce costs, and improve patient outcomes. |
ModivCare Inc.'s Porter Forces
Threat Of Substitutes
ModivCare Inc. operates in a niche market, providing non-emergency medical transportation services, which reduces the threat of substitutes. However, the company still faces competition from other transportation providers, which prevents the score from being lower.
Bargaining Power Of Customers
ModivCare Inc.'s customers are primarily government agencies and healthcare organizations, which have limited bargaining power due to the specialized nature of the services provided.
Bargaining Power Of Suppliers
ModivCare Inc. relies on a network of transportation providers, which gives them some bargaining power. However, the company's scale and specialized services reduce the suppliers' negotiating power.
Threat Of New Entrants
The non-emergency medical transportation market has high barriers to entry, including regulatory requirements and the need for specialized vehicles and equipment, which reduces the threat of new entrants.
Intensity Of Rivalry
ModivCare Inc. operates in a competitive market, but the company's scale and specialized services provide a competitive advantage, reducing the intensity of rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 87.63% |
| Debt Cost | 6.10% |
| Equity Weight | 12.37% |
| Equity Cost | 6.10% |
| WACC | 6.10% |
| Leverage | 708.27% |
ModivCare Inc. : Quality Control
ModivCare Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CYH | Community Health Systems, Inc. owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal … |
| PIII | P3 Health Partners Inc., a patient-centered and physician-led population health management company, provides superior care services in the United States. It operates clinics and wellness centers. The company is based … |
| INNV | InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. It … |
| EHAB | Enhabit, Inc. provides home health and hospice services in the United States. Its home health services include patient education, pain management, wound care and dressing changes, cardiac rehabilitation, infusion therapy, … |
| AONC | American Oncology Network, Inc., through its subsidiaries, provides oncology services in the United States. The company provides various services to patients, including laboratory services for routine and specialized testing; in-house … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Community Health Systems
A-Score
1-Year Total Return ->
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American Oncology Network
A-Score
1-Year Total Return ->
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P3 Health Partners
A-Score
1-Year Total Return ->
4
Enhabit
A-Score
1-Year Total Return ->
5
InnovAge Holding
A-Score
1-Year Total Return ->
6
