DocGo Inc. (NASDAQ: DCGO) announced that its PTI Health subsidiary launched mobile phlebotomy services in southern Florida. The company expanded its relationship with a national clinical laboratory to cover services throughout the Southeast region.

PTI Health will collaborate with the laboratory partner to provide mobile phlebotomy services to the lab's existing network of medical practice customers in southern Florida. The service brings blood collection and at-home testing to patients' locations.

"We bring valued services to the home, and Florida's strong concentration of older adults and retirees creates an ideal demographic landscape for a mobile phlebotomy business focused on convenience and accessibility," said Wayne Meadows, General Manager of PTI Health by DocGo.

The expansion utilizes PTI Health's existing laboratory partner ordering platform integrations. The company operates with a low capital investment model that includes a small base of operations without requiring a dedicated fleet or vehicle maintenance.

Meadows stated that the new market is anticipated to operate at the same margin profile as the company's steady-state markets. The service targets patients with limited access to traditional laboratory facilities.

DocGo CEO Lee Bienstock said PTI Health's performance continues to exceed expectations. The mobile phlebotomy services are part of the company's healthcare delivery platform that includes mobile health services, remote patient monitoring, ambulance services and a virtual care network across 50 states.

The information is based on a company press release statement.