Mobile health and medical transport company DocGo announced that it has entered into a definitive agreement to acquire virtual care provider Hicuity Health. As part of the deal, DocGo will assume roughly $52 million of Hicuity’s debt held by Perceptive Advisors, extending the maturity date to December 2029. Hicuity Health provides high-acuity virtual clinic care for healthcare organizations, including tele-ICU, virtual nursing and telemetry monitoring services. It generated approximately $65 million in revenue on a trailing 12-month basis, according to a DocGo press release.
Read the full article: DocGo Agrees to Acquire Virtual Care Provider Hicuity Health, Assumes $52M Debt //
Source: https://www.fiercehealthcare.com/finance/docgo-enters-definitive-agreement-acquire-virtual-care-provider-hicuity-health-assumes-52m