American Medical Response
American Medical Response was f
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American Medical Response was formed in February 1992 with the strategic objective of becoming the leading national provider of ambulance services. It set out to achieve this position through acquisition, not by establishing new provider organizations. In August 1992, the company went public and acquired four ambulance service providers. The company has continued its acquisition policy since that time, with a total of seven providers having been acquired through September 1993. The company now provides emergency prehospital medical care and ambulance services to patients in response to 911 emergency medical calls, and provides nonemergency ambulance service to patients during transfer to and from health care facilities and residences. It also provides nonmedical transport services to the handicapped and elderly. Currently, the company serves more than 6 million people in nine states. Emergency medical ambulance services are provided per contracts with counties and cities in the service areas. The company responds to life-threatening 911 emergency calls with advanced life support (ALS) ambulance units. These units are staffed with two paramedics or one paramedic and an emergency medical technician (EMT). Basic Life Support (BLS) ambulance services are provided when a patient's medical condition is not life threatening and when patients require a basic level of supervision during medical transfer. These ambulances are equipped with first aid supp
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ice-president. This is recognition that these managers have expertise which the company is eager to take full advantage of.
Operational planning involves selecting target providers for acquisition, either in existing markets or in new geographic areas. Each new area is chosen for its future potential as well as its current status, and is evaluated in terms of how the company could pursue expansion plans. Providers are sought out not only on the basis of their economic and financial performance, but also on their standing in the community and their professional reputation. It is at this point that negotiations are entered into with the target provider.
Controlling
Growth through acquisition for a company whose services are as geographically diverse as American Medical Response's can pose significant control problems. In its short (slightly over one year) history, the company has acquired seven providers, in addition to the four providers that were brought together to form the company in August 1992. This rapid acquisition strategy poses a number of threats to AMR in terms of control since each provider has different controls in place and must now be brought into the corporate umbrella that AMR represents.
AMR has success
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Approximate Word count = 4180
Approximate Pages = 17 (250 words per page)
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