24/7 Market News Snapshot 20 October, 2025 – DocGo Inc. Common Stock (NASDAQ:DCGO)

October 20, 2025

DENVER, Colo., 20 October, 2025 (www.247marketnews.com) – (Nasdaq:DCGO) are discussed in this article.
DocGo Inc. (Nasdaq:DCGO), a leader in technology-enabled mobile health and medical transportation services, is experiencing a notable surge in market performance, recently opening at $1.23 and witnessing an extraordinary increase of 52.76%, now trading at $1.772. This bullish trend signifies heightened investor interest and establishes a trading volume of 3.39 million shares, reflecting strong sentiment surrounding the company’s potential for growth.

In conjunction with this remarkable market response, DocGo has announced its strategic acquisition of SteadyMD, a prominent virtual care platform renowned for transforming telehealth. This acquisition aims to expand DocGo’s service capabilities, allowing the company to address a broader range of patient needs through accessible healthcare solutions. SteadyMD’s innovative approach connects patients with a comprehensive virtual clinician workforce across all 50 states, thereby enhancing the quality of care provided.

According to CEO Lee Bienstock, the acquisition marks a critical advancement in DocGo’s mission to leverage technology in making healthcare universally available. By integrating SteadyMD’s platform into its mobile health services, DocGo aims to revolutionize patient care and is on track to serve over 3 million patients by 2025. SteadyMD, anticipating $25 million in revenue by 2025, is also projected to achieve an EBITDA-positive status by 2026.

Co-founders Guy Friedman and Yarone Goren will join DocGo’s leadership, infusing their expertise into the company’s evolving strategy. Friedman expressed optimism about the merger, emphasizing that the collaboration embodies a shared vision to enhance access to personalized, patient-centered virtual care.

The acquisition will be funded through DocGo’s existing cash reserves, underlining its commitment to growth and innovation in healthcare delivery. A conference call to discuss this strategic initiative is scheduled for October 21 at 11:00 a.m. ET, offering stakeholders a deeper insight into these developments and their implications for the company’s future. With such strategic moves, DocGo is poised to redefine healthcare access, merging physical and virtual services to achieve improved patient outcomes.

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