Q3 2024 EMS Update
Q3 2024 EMS Update
The Emergency Medicine Services (EMS) sector experienced subdued transaction volumes in Q3 2024. However, on a broader scale, demand in the space remains strong, with a projected CAGR of 9.5% from 2023 to 2030. This growth is driven by rising demand for emergency care, increasing trauma cases, and growing healthcare expenditure.
While the Senate investigation into PE-backed emergency departments continues, Gov. Newsom’s veto of Bill 3129 which scrutinized PE investment in emergency healthcare, marks a significant win for deal sentiment in the sector nationwide.
The urgent care sector continues to be a focal point for investment within the EMS landscape, maintaining its strong growth trajectory from previous quarters. Investors are targeting suburban and rural areas as well as specialized urgent care offerings like pediatrics to enhance care availability in medically underserved communities.
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