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KDK Transport Company Named Modivcare's Virginia Transportation Provider of the Year

1. Modivcare's KDK Transport named 2024 Transportation Provider of the Year. 2. Recognition enhances Modivcare's reputation in non-emergency medical transportation.

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Why Bullish?

The recognition of KDK Transport as a top provider emphasizes Modivcare's quality in NEMT services. Historically, such accolades have correlated with positive stock price movements due to increased investor confidence.

How important is it?

The announcement can uplift Modivcare's market perception and enhance future business opportunities in NEMT, which is crucial for growth. A positive reputation in service provision is often linked to increased revenues.

Why Short Term?

The immediate recognition can boost Modivcare's visibility and attract new contracts. Over time, sustained performance will dictate long-term impacts.

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AMGNCVSUNH
COEBURN, Va.--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a healthcare services company dedicated to improving member outcomes through an advanced supportive care platform, is pleased to announce that KDK Transport Company has been named Modivcare Virginia's 2024 Transportation Provider of the Year. KDK Transport Company provides non-emergency medical transportation (NEMT) to those across a 300-mile span of southern Virginia who have transportation barriers th.

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