Business Description
🚨Non-Emergency Medical Transport Opportunity 🚨
(📢 Disclaimer: Material details of the listing may change as the CIM building process is completed.)
This business is a well-established non-emergency medical transportation company specializing in inter-facility transfers. The company serves hospitals, nursing homes, and private clients, offering ambulance and wheelchair van transport services. With a strong reputation and solid contracts, it generates revenue from a diverse range of clients, including private pay, insurance companies, and healthcare facilities.
Key Highlights
- Established market presence in major metro in Texas
- Diversified revenue streams from contracts, insurance, and private pay
- Strong infrastructure with a fleet of 19 ambulances and additional wheelchair vans
- Scalable business model with expansion opportunities in nearby cities
- Experienced management and operational team in place
- Contracts with major healthcare organizations and nursing homes
- Facility owned by the seller, available for leaseback
Growth Opportunities
- Expansion into nearby metro cities
- Increased marketing efforts to target residential patients
- Additional service offerings such as specialized transport for high-acuity patients
- Acquisition of additional facility contracts
- Utilization of social media and digital marketing
Business History
- Founded: Over a decade ago
- Founder’s Background: The owner started his career in emergency medical services (EMS) at a fire department, later discovering the private side of the ambulance industry.
- Growth Strategy: Expansion through facility contracts, word-of-mouth referrals, and strong relationships with administrators.
Business Model & Services
- Primary Clients: Hospitals, nursing homes, and private pay patients
- Services Offered:
- Basic Life Support (BLS) Transport
- Mobile Intensive Care Unit (MICU) Transport
- Critical Care Transport (CCT) for high-acuity hospital transfers
- Wheelchair van transport
- Group transport for facility outings
Revenue Breakdown
-
Revenue Source Monthly Revenue ($) % of Total Facility Contracts 200,000 – 250,000 ~30% Insurance Payments 300,000 – 350,000 ~45% Private Pay 100,000 ~15% - Total Revenue: ~$700,000 – $800,000/month
Customer Base
- Contracts with 30-35 facilities
- Largest customer accounts for ~16% of total revenue
- Minimal customer concentration risk
Operations & Employees
Staffing Overview
The company employs ~100 staff members, including EMTs, paramedics, dispatchers, and administrative personnel.
Position | Number of Employees | Responsibilities |
Director of Operations | 1 | Oversees daily operations, staff management |
Business Developer | 1 | Manages client relationships and new contracts |
Billing Team | 6 | Handles claims, insurance payments, collections |
Dispatch Team | 6 | Coordinates transport logistics |
EMTs & Paramedics | 70+ | Provide patient transport and medical care |
Compliance Officer | 1 | Ensures regulatory compliance and vehicle readiness |
Office Administrator | 1 | Manages administrative tasks and social media |
Offshore Support Team | 8 | Handles insurance verification and claims processing |
Facility Information
- Location: Texas
- Size: 1.2 acres with office and warehouse space
- Ownership: Owned by the seller, available for leaseback
- Facilities Include:
- Administrative offices
- Dispatch center
- Vehicle maintenance area
- Break room and sleeping quarters for EMTs
- Secure, gated lot with ample parking
Fleet Overview
- 19 Ambulances
- 12 Basic Life Support (BLS) units
- 7 Mobile Intensive Care Units (MICU)
- Additional wheelchair vans for non-ambulance transport
Financial Overview
Payment Terms & Collections
- Insurance payments: 2-3 weeks for ~80% of claims, up to 60 days for remaining
- Facility contracts: Net-30 and Net-60 terms
- Minimal bad debt due to secured hospital contracts
Competitive Pricing & Market Position
- Pricing is competitive with industry peers
- Rates vary based on transport type (BLS, MICU, CCT, private pay, etc.)
Handover & Transition
Owner’s Involvement & Transition Support
- Current Role: Owner oversees financials, operations, and marketing
- Replacement Expectation: Buyer can operate with ~20 hours/week or fully delegate to existing leadership team
- Training & Support: Seller is open to a transition period and ongoing advisory role
Ideal Buyer Profile
- Healthcare industry experience preferred but not required
- Entrepreneurial mindset to expand services and locations
- Financial capacity to invest in growth initiatives