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Modivcare will host the Investor Opening Day today in Denver, Colorado

Management will provide guidance for 2022 and long-term perspectives

DENVER, June 23, 2022–(BUSINESS WIRE)–Modivcare Inc. (“Modivcare” or the “Company”) (Nasdaq: MODV), a technology-based healthcare services company that provides a platform of integrated supportive care solutions focused on Improving Patient Outcomes, will hold its inaugural Investor Day in Denver, Colorado today, Thursday, June 23, 2022. Members of Modivcare’s senior management team will provide an overview of the company’s business model, investment strategy, growth and detailed reviews of its two operating divisions, Mobility and Home. During the presentation, management will provide 2022 guidance for consolidated revenue and adjusted EBITDA. Additionally, management will present a long-term outlook for revenue growth and adjusted EBITDA margin by business segment.

“Over the past two years, we have significantly transformed Modivcare to enable greater access to care, lower costs and improve outcomes for the 32 million members we serve,” said Dan Greenleaf, Modivcare president and CEO. “We have not only strategically reshaped the business, but also our senior management team. Our Investor Day is a showcase of the company’s strong and dynamic leaders to the investment community and a comprehensive review of our supportive care platform, including our emergency medical transportation, personal care services and remote patient monitoring We are also pleased to share our growth strategy and will provide an outlook for 2022, as well as long-term revenue growth and adjusted EBITDA margin targets, which will help investors understand the enduring nature of our business and the underlying drivers for growth We have a unique, industry-leading service platform focused on addressing the social determinants of health that makes Modivcare the partner of choice and will drive bundling and cross-selling opportunities.

Investor Day Webcast

Modivcare Investor Day will be held in person and will also be available virtually via audio and video webcast simulcast on Modivcare’s investor relations website at investors.modivcare.com. The accompanying Investor Day presentation, including financial and other statistical information to be discussed in the presentation, and the question and answer session with management that will follow the comments prepared in the presentation will be available on the relationship website. with Modivcare investors. A replay of the presentation will be available after the conclusion of the event.

About Modivcare

Modivcare Inc. (“Modivcare”) (Nasdaq: MODV) is a technology-based healthcare services company that provides a platform of integrated supportive care solutions for public and private payers and their patients. Our values-based solutions address social determinants of health (SDoH), enable greater access to care, reduce costs and improve outcomes. We are a leading provider of non-emergency medical transportation (NEMT), personal care, and remote patient monitoring. For more information about Modivcare, visit www.modivcare.com.

Forward-looking statements

An investment in the Company involves risk. The Company has provided information about the risks facing our business in our annual report on Form 10-K and our most recent filings with the Securities and Exchange Commission. You should fully read the cautionary statements provided in our Securities and Exchange Commission filings before making an investment decision with respect to our securities.

View the source version on businesswire.com: https://www.businesswire.com/news/home/20220623005274/en/

contacts

Media
kate cerone
Director, Ombudsman and Communications
kate.zerone@modivcare.com

investors
Kevin Ellich
Vice President, Head of Investor Relations
Kevin.ellich@modivcare.com

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