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Q2 2023 Emergency Medicine Services Update

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Q2 2023 Emergency Medicine Services Update

The Emergency Medicine Services (“EMS”) sector experienced a material uptick in transaction activity in Q2 as compared to the previous quarter as labor markets began to stabilize to more normalized levels. The activity within the ambulance services sub-sector in Q2 presented a trend in the industry of bootstrapped regional companies seeking out other local competitors in order to expand patient capture and optimize back-office cost synergies. Additionally, the urgent care sector witnessed both private equity-backed and hospital-backed consolidation, signaling a diverse set of potential partners with a continued investment thesis in the EMS sub-sectors. Consolidation activity in the EMS sub-sectors remain strong and Provident expects this to continue as recession reservations decrease.

To print and download the full Emergency Medicine Services Update report, please click below…

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