In other recent news, ModivCare Inc. reported its fourth-quarter and full-year 2024 financial results, missing both earnings per share (EPS) and revenue forecasts. The company's Q4 EPS was $0.19, significantly below the expected $0.76, and revenue was $702.8 million, falling short of the anticipated $718.94 million. Despite these misses, ModivCare achieved operational cost savings of $35 million and launched new digital health services and AI technologies. In a strategic move, ModivCare finalized a debt restructuring deal, exchanging $251 million in senior notes for second lien senior secured PIK toggle notes, as outlined in an 8-K filing with the SEC. This restructuring aims to enhance financial flexibility but imposes covenants that restrict additional debt and certain financial activities.