DocGo, a provider of technology-enabled mobile health services, announced the acquisition of PTI Health, which is a mid-Atlantic mobile lab collection and phlebotomy services company.
This strategic deal expands DocGo’s healthcare service offering to include mobile phlebotomy lab services, addressing critical gaps in diagnostic care for underserved populations. With this deal, DocGo will facilitate timely, convenient blood collection and additional at-home testing services for patients, offering a new level of care to those with limited access to traditional labs or transportation options.
This acquisition enhances DocGo’s offerings by utilizing PTI Health’s existing partnerships and ordering platform integrations with the nation’s two largest labs and will facilitate PTI Health’s expansion into new markets. Initially, DocGo plans to expand PTI Health’s operations into New York City, addressing critical gaps in facilitating lab and diagnostic services in one of the nation’s largest urban markets.
PTI Health specializes in helping patients who are homebound or face transportation challenges. Its clinicians perform thousands of lab collections every year. PTI Health’s experienced mobile phlebotomists perform in-home blood draws and other collections, enabling seamless diagnostics and care gap closure in collaboration with patients’ healthcare providers. PTI also supports mobile clinical trials, adding a new dimension to DocGo’s robust healthcare offering.
PTI Health President Wayne Meadows will join DocGo as a General Manager as part of the deal.
KEY QUOTES:
“PTI Health has a great team and integrations with the largest laboratory service providers in the US – we are incredibly excited to complete this transaction. By incorporating PTI Health’s mobile lab collection, phlebotomy services and clinical staff, we’re expanding our mobile health offerings and further strengthening our vertically integrated care model to bring diagnostic and primary care services to patients across our footprint. We believe this acquisition is a good example of our ability to expand our offering while leveraging our existing customer base to drive further growth at PTI. We are constantly seeking opportunities to leverage our balance sheet to complement our growth in 2025 and beyond.”
– Lee Bienstock, CEO of DocGo
“I’m excited to join DocGo and expand on PTI Health’s success bringing vital lab services to patients. DocGo delivers a world-class patient experience, as evidenced by their 2024 mobile health Net Promoter Score (NPS) of 86. I look forward to working together to elevate PTI Health’s offering and expand our services across DocGo’s entire US footprint to provide vital healthcare access to even more patients.”
– Wayne Meadows
