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  "notes": "Includes a TAM figure of $265B sourced from McKinsey reports.",
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      "text": "Mobile Health segment represents approximately 75% of revenues\nDocGo charges a fixed rate per day, per vehicle and per clinician, mitigating volume-based revenue and margin risk\nCompany charges approximately $3,800 per day for a mobile urgent care unit, including vehicle, driver, LPN, RN, APP and social worker, with a target gross margin of approximately 50% at scale (after 3-6 months)\nContract terms tend to be one year with auto renew feature for municipal contracts, 2-3 years for state programs and 3+ years for federal contracts\nSignificant new program start up costs for the first 90 days due to use of temporary staffing for rapid expansion\nMajor customers include City of New York, Jefferson Health, Carnival Cruise Lines",
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      "text": "*US At Home Care. Sources: McKinsey “Telehealth: A quarter trillion-dollar post COVID-19 reality?”(report published 5/29/20), and, McKinsey “From facility to home: How healthcare could shift by 2025” (report published February 2022)",
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