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High-Margin Medical Transportation Business Model Built for Rapid National Roll-out – Eastern U.S.

February 14, 2019

The Company operates round-the-clock, 365 days a year with live operator support for state agencies and managed care organizations in a 5-county service area. The Company handles 2,400 scheduled trips daily. The Company focuses on providing punctual, reliable and efficient transport solutions highly valued by regular clients many of whom switch to the Company from less reliable and smaller service providers. Having rose to become the dominant player in its region, the Company is now positioned to replicate its efficient and highly profitable business model throughout the U.S. and Canada.

As the Company’s revenue continues to grow, adjusted operating expenses are expected to remain fairly constant. Management has not significantly changed its fee structure in 10 years, creating an opportunity for a new owner to increase pricing. Management is expanding the Company’s footprint and has been adding representatives to major hospital and rehab facility waiting rooms and pick-up facilities so that these representatives can greet outgoing patients and capture new customers. The Company can achieve an even greater market advantage by acquiring direct competitors to significantly increase revenue, scale and scope.