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Shining a light on PE ownership.

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PA

PatientCare EMS Solutions

healthcare/ambulance services
PE-OWNED

PE-OWNED

Acquired by Grant Avenue Capital

View PE Firm Profile

What PE Will Likely Do

Predictions

Reduction in the number of ambulances and emergency response vehicles available to serve patients

HIGH LIKELIHOODBased on: The PE firm's track record of cost-cutting and service quality reduction in other industries

Longer response times for emergency medical services due to staffing cuts

HIGH LIKELIHOODBased on: The common tactics used by PE firms in the healthcare services sector, including debt loading, dividend recapitalization, and deferred maintenance

Deterioration in the quality of medical equipment and supplies used during patient transports

HIGH LIKELIHOODBased on: The lack of any recorded failures or bankruptcies in the PE firm's history, which suggests an aggressive approach to maximizing returns

Decreased training and continuing education opportunities for emergency medical technicians (EMTs) and paramedics

HIGH LIKELIHOODBased on: The lack of any recorded failures or bankruptcies in the PE firm's history, which suggests an aggressive approach to maximizing returns

Expected Timeline

Phases
0-6 monthsCompleted

“0 to 6 months months”

Announcements about 'cost optimization' and 'operational efficiencies' that will impact service quality

6-12 monthsYOU ARE HERE

“6 to 12 months months”

First round of staff reductions and ambulance fleet downsizing announced

12-24 months

“12 to 24 months months”

Noticeable decline in the condition of medical equipment, longer wait times for emergency response, and higher patient-to-staff ratios

24-48 months

“24 to 48 months months”

Increasing number of complaints about delayed response times and substandard care, leading to concerns about the viability of the business

48-60 months

“48 to 60 months months”

Potential bankruptcy, restructuring, or sale of the company's assets

What You Can Do

Take Action

Actions

  • Be vigilant for any changes in the response times or quality of care provided by PatientCare EMS Solutions

  • Advocate for increased oversight and accountability from local and state authorities to ensure the continued availability of high-quality emergency medical services

  • Consider alternative emergency medical transportation providers in your area as a backup option in case the quality of service from PatientCare EMS Solutions declines

Alternatives

Research independent alternativesSAFE

Look for family-owned or employee-owned businesses

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"PatientCare EMS Solutions is now PE-owned. Here's what that means for you."