Latest / The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions
How Private Equity Is Buying Up Ambulance Companies
Private equity has moved into emergency medical services, acquiring ambulance companies across the United States. In this episode, Lucas and Luna examine the rollout of American Medical Response and Global Medical Response, and how private equity consolidated the fragmented ambulance industry. They discuss the economics of emergency transport, the impact on response times and paramedic pay, and the controversy over surprise billing. Lucas explains that private equity firms were attracted to the steady cash flows from Medicare and insurance reimbursements, but critics argue that cost-cutting…
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