Listing ID # 33139
This 19-year-old ambulance company located in Passaic County, New Jersey is available for purchase. The company provides exclusive, 24/7 service to cities, a number of hospitals, more than a dozen nursing homes and various other old age and assisted living facilities in Central and North Jersey. In addition to the service they provide to institutions, they provide service to the major insurance company patients, Medicare and Medicaid patients and private pay individuals as well. The Company?s Mission is to provide medical transportation to individuals on a patient-driven basis rather than on a money-driven basis. And on that basis, business continues to grow each year; for example, they were up 15% last year over the year before reaching $11 million in revenue. The company is moving away from the lower margin non-emergency medical transportation business and concentrating its efforts instead on deeper penetration of its hospital patient care and critical care services, and adding more nursing homes and assisted living facilities to its client list. CY2021 will see a significant increase in all major facets of the business and, most notably, in profits. The 24/7 service is provided by 129 full-time drivers, aides, a support staff of 13 that handle intake, customer service and dispatch; they farm out billing and compliance, and a clerical staff. As to vehicles, they count 25 ambulances, 17 wheelchair vans, 2 minivans, 2 spare ambulances, 2 private vehicles, a 22-passenger bus and a service vehicle.
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