AdaptHealth Corp (NAS:AHCO)
$ 11.13 0.84 (8.16%) Market Cap: 1.50 Bil Enterprise Value: 3.66 Bil PE Ratio: 0 PB Ratio: 1.00 GF Score: 63/100

Adapthealth Corp at JPMorgan Healthcare Conference Transcript

Jan 11, 2023 / 11:00PM GMT
Release Date Price: $20.3 (-1.31%)
Alex Kramer

Good afternoon, everyone, and welcome to the Wednesday afternoon session of the 41st Annual JPMorgan Healthcare Conference. My name is Alex Kramer, and I am an associate at the JPMorgan Healthcare Investment Banking Group. And it is my pleasure to introduce our next presenting company, AdaptHealth. And without further ado, I'll now turn it over to CEO, Steve Griggs, to take it away.

Stephen P. Griggs
AdaptHealth Corp. - Former CEO

Thank you. Appreciate it, and welcome, everybody. At heart, our 10,902 employees live to take care of our patients and make their lives better. So our whole vision is to empower our patients to live their best lives. And with that, we hope to improve the patient's life and, of course, reduce the overall cost of care.

So our company, approximately $3 billion in revenue, 90% of it is recurring. So you keep that same patient on continuously. We've had 6x revenue growth since 2019. We serve just short of 4 million patients. That's 1 in 90 patients is a patient of AdaptHealth in the United States. So already during this

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