SHOULD SEARCHERS AVOID TRADITIONAL NON-EMERGENCY MEDICAL TRANSPORT?

I am currently evaluating a non-emergency medical transportation company that seems to hit most of my search criteria. Fragmented and growing industry, EBITDA north of $1 million, net profit margins north of 10% (company I'm evaluating has been sitting between 35 and 40%), low customer concentration, B2B services, healthcare services, recurring revenue, etc... but upon further research into the industry, it appears they are in the process of being somewhat disrupted by Uber and Lyft, who are desperately trying to increase revenue streams following recent IPOs. And a change in state by state medicaid regulations has also presented uncertainty.


I'm curious to hear from others, if this is an industry you are avoiding as a result, or if you still see opportunity here.

Inquiring minds...



share: