PatientCare Logistics Solutions, LLC

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PatientCare Logistics Solutions, LLC - overview

Established

1998

Location

Tyler, TX, US

Primary Industry

Healthcare

About

PatientCare Logistics Solutions, LLC is a provider of ground-based emergency ambulance services and healthcare logistics. They focus on delivering timely and efficient medical care during emergencies and patient transfers across several states. Founded in 1998 in Tyler, US, PatientCare Logistics Solutions, LLC specializes in emergency medical services. The company’s strategic focus has remained on enhancing healthcare logistics capabilities.


The current CEO is Herman Schwarz, who leads the company towards its service objectives. The firm completed a deal with Alvarez & Marsal Capital on February 16, 2018, which resulted in the acquisition of the company. Specific financial terms were not disclosed. PatientCare EMS Solutions specializes in providing ground-based 911 emergency ambulance services and comprehensive healthcare logistics solutions.


Their core offerings include emergency medical services (EMS) for immediate response to emergencies, interfacility transport for patients requiring transfer between healthcare facilities, and event standby services for public gatherings requiring medical oversight. The company serves a diverse client base, including local government agencies, healthcare partners, and community organizations across multiple states, including Texas, California, Florida, South Dakota, and New York, among others. PatientCare EMS Solutions aims to enhance patient outcomes through a commitment to innovation and community-focused service delivery. PatientCare EMS Solutions generates revenue primarily through contracts and service agreements with public agencies and healthcare facilities for their emergency medical services and related logistics solutions.


Transactions typically involve direct contracts with municipalities or healthcare providers, allowing for immediate access to their fleet and medical teams during emergencies. Services are billed based on the type and duration of the emergency response, with specific pricing structures tailored to each contract based on the complexity and requirements of the services rendered. The company aims to introduce new healthcare logistics products, enhancing its service offerings. Plans are underway to expand into additional states, focusing on regions with a growing demand for emergency response services by 2025.


The recent acquisition will provide necessary resources and capital to support these initiatives, strengthening their market position.


Current Investors

Alvarez & Marsal Capital

Primary Industry

Healthcare

Sub Industries

Emergency Services

Website

www.patientcareems.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

PatientCare Logistics Solutions, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedPatientCare Logistics Solutions, LLC-
BuyoutCompletedPatientCare Logistics Solutions, LLC-

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