Ambulance Service - 911 and Transports
Business Description
Description:
The Company is a leading provider of emergency and non-emergency medical transport (NEMT) services, serving a diverse range of patients through healthcare providers. The Company offers facility-to-facility transfers, residence-to-facility transport, 911 emergency response, and airport transfers, leveraging a modern ambulance fleet equipped for advanced life support (ALS) and basic life support (BLS). Operations are supported by a 24/7 dispatch and billing infrastructure, with a strong focus on clinical excellence, regulatory compliance, and patient safety.
Key Aspects:
• The Company's adjusted EBITDA grew at a compound annual growth rate of 63.4% from 2022 to 2024.
• The Company maintained an average revenue of $30.6M from 2022 to 2024, with 70.1% of 2024 revenue being derived from NEMT services.
• Revenue is generated by a diverse payor mix, including hospitals, Medicaid, Medicare, private insurance, and brokers.
• The Company has several contracts with local hospitals and facilities, representing approximately $17.7M in revenue for 2024.
• An in-house maintenance crew provides service and repairs to the Company's ambulances.
Opportunities:
• Expand the Company's geographical reach to provide wider coverage in the local area.
• Grow the Company's para-medicine and treat-in-place programs, reducing unnecessary emergency department (ED) visits.
• Tap into emerging stretcher van market.
• Explore artificial-intelligence (AI)-driven/predictive dispatch to improve efficiency, response times, and resource allocation.
Headquartered:
• Northeast, US
Current Markets:
• The Company primarily serves healthcare facilities, such as hospitals, nursing homes, and rehabilitation centers across the local region.
• The Company's payor mix includes insurance providers, managed care organizations, and private pay patients.
Real Estate:
• The Company operates from a 60,000 sq. ft. location with onsite parking and a diesel fueling station.
• The facility is owned by an affiliated entity, and is not expected to be included in the sale of the Company, but may be leased long-term.
Shareholder Ownership:
• The main entity is owned by a single shareholder who also owns the secondary entity along with a minority shareholder.
• Both owners seek to pursue retirement post-sale.
The Company is a leading provider of emergency and non-emergency medical transport (NEMT) services, serving a diverse range of patients through healthcare providers. The Company offers facility-to-facility transfers, residence-to-facility transport, 911 emergency response, and airport transfers, leveraging a modern ambulance fleet equipped for advanced life support (ALS) and basic life support (BLS). Operations are supported by a 24/7 dispatch and billing infrastructure, with a strong focus on clinical excellence, regulatory compliance, and patient safety.
Key Aspects:
• The Company's adjusted EBITDA grew at a compound annual growth rate of 63.4% from 2022 to 2024.
• The Company maintained an average revenue of $30.6M from 2022 to 2024, with 70.1% of 2024 revenue being derived from NEMT services.
• Revenue is generated by a diverse payor mix, including hospitals, Medicaid, Medicare, private insurance, and brokers.
• The Company has several contracts with local hospitals and facilities, representing approximately $17.7M in revenue for 2024.
• An in-house maintenance crew provides service and repairs to the Company's ambulances.
Opportunities:
• Expand the Company's geographical reach to provide wider coverage in the local area.
• Grow the Company's para-medicine and treat-in-place programs, reducing unnecessary emergency department (ED) visits.
• Tap into emerging stretcher van market.
• Explore artificial-intelligence (AI)-driven/predictive dispatch to improve efficiency, response times, and resource allocation.
Headquartered:
• Northeast, US
Current Markets:
• The Company primarily serves healthcare facilities, such as hospitals, nursing homes, and rehabilitation centers across the local region.
• The Company's payor mix includes insurance providers, managed care organizations, and private pay patients.
Real Estate:
• The Company operates from a 60,000 sq. ft. location with onsite parking and a diesel fueling station.
• The facility is owned by an affiliated entity, and is not expected to be included in the sale of the Company, but may be leased long-term.
Shareholder Ownership:
• The main entity is owned by a single shareholder who also owns the secondary entity along with a minority shareholder.
• Both owners seek to pursue retirement post-sale.
Listing Info
- ID
- 2404758
- Listing Views
- 262
Attached DocumentsAttachment Disclaimer
Teaser_v_1_BN000059232_Ambulance_Service_911_and_Transports.pdf
Listing ID: 2404758 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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