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American Medical Response

American Medical Response, Inc. (AMR) is a medical transportation company in the United States that provides and manages community-based medical transportation services, including emergency (911), non-emergency and managed transportation, fixed-wing air ambulance and disaster response.

American Medical Response, Inc.
Subsidiary
IndustryHealthcare
Founded1992
HeadquartersGreenwood Village, Colorado
Key people
Ted Van Horne, CEO
ProductsAmbulance services
Number of employees
29,000
ParentGlobal Medical Response
Websitewww.amr.net

AMR employs more than 28,000 clinicians and has a fleet of more than 6,600 ambulances, as well as air ambulances and contracted vehicles that transport people living in more than 4,000 communities nationwide and internationally.

Contents

Corporate historyEdit

In 1991 Paul Verrochi created a business plan to consolidate the fragmented ambulance industry, following a similar "rollup" strategy used by Waste Management. The company was formed with the merger of Regional Ambulance (Alameda and Contra Costa counties, CA), Vanguard Ambulance (Santa Clara County CA), and Buck Ambulance (Portland OR). Laidlaw acquired American Medical Response in 1997, after previously acquiring MedTrans, a San Diego based high quality EMS provider operating in California, Washington, Nevada and Texas. Laidlaw continued acquiring 138 more companies, growing to over $1B in revenue before acquiring AMR.[1] In 2004, Laidlaw sold EmCare and American Medical Response to Onex.[2] Onex formed Emergency Medical Services Corporation as the parent of its two acquisitions. EMSC went public in December of that year.[3] In 2011, EMSC was acquired by Clayton, Dubilier & Rice.[4] On June 12, 2013, EMSC changed names to Envision Healthcare Corporation.[5] On September 8, 2017 Envision Healthcare Corp. announced that American Medical Response would be sold to KKR & Co. LP in an all-cash deal worth $2.4 billion USD.[6] In March 2018, American Medical Response became a subsidiary of Global Medical Response.

See alsoEdit

ReferencesEdit

  1. ^ Two U.S. Deals Set by Laidlaw
  2. ^ Onex will buy two health care units from Laidlaw
  3. ^ EMS completes IPO of 8.1M shares
  4. ^ Clayton, Dubilier & Rice Completes $3.2 Billion Acquisition of Emergency Medical Services Corporation
  5. ^ "Archived copy". Archived from the original on 2014-10-09. Retrieved 2013-07-26.
  6. ^ Eric Snyder; Mark Harden (8 September 2017). "Colorado's American Medical Response ambulance business to be sold in $2.4 billion deal". DenverBusinessJournal.com. 1660 Lincoln Street Suite 2300 Denver, CO 80264: Denver Business Journal American City Business Journals. Retrieved 15 September 2017.

External linksEdit