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Short Summary
Our Non-Emergency Medical Transportation (NEMT) company, is poised to revolutionize the healthcare transportation industry by providing reliable, efficient, and compassionate transportation solutions for patients.
Highlights
- Multiple Investment Opportunities
- Will instantly have an income stream
- Operational Infrastructure is up and ready
- Opportunity to expand exponentially
- Profit! Profit! Profit!
Overview
| Target | 80,000,000 |
| Minimum | 100,000 |
| Investment Raised | 20,000,000 |
| Previous Rounds | 20,000,000 |
| Stage | Breaking Even |
| Investor Role | Any |
The Business
We will offer non-emergency medical transportation services to patients who need reliable and comfortable transport to and from medical appointments, including hospital visits, routine checkups, physical therapy, and more. Services Offered: - Door-to-door transportation - Wheelchair and stretcher transport - Transportation for dialysis, chemotherapy, and other specialized medical treatments - Assistance with boarding and de-boarding - Coordination with healthcare providers for appointment scheduling Business Model: - Service fees per trip or subscription models for frequent users - Contracted services with healthcare providers and insurance companies - Partnerships with senior living facilities, hospices, and rehabilitation centers
The Market
Market Opportunity: (Growing Demand) Ageing Population: The U.S. has an increasingly ageing population requiring frequent medical visits, creating a robust demand for NEMT services. Healthcare Expansion: The expansion of healthcare services under Medicaid and other insurance programs is driving up the need for reliable patient transportation. Market Size Current Market Value: The NEMT market was valued at approximately $5.5 billion in 2023 and is projected to grow at a Compound Annual Growth Rate of 8% over the next five years. Target Demographics: Elderly individuals, disabled persons, and low-income families are the primary users, representing a large and growing market segment.
Progress/Proof
Transportation concerns among older adults are rising as this population segment is projected to grow from over 40 million in 2010 to over 88 million by the year 2050. Source: U.S. Census Bureau, 2012 • The growth of the aging population will increase transportation service demands as many older adults do not have alternative transportation support. Choi, Adams, & Kahana, 2012 • Over 20% of US adults, mainly low-income individuals, experience transportation barriers that hinder care access, leading to at least one missed medical appointment in the past year, revealed by an Urban Institute and Robert Wood Johnson Foundation study. Source: Robert Wood Johnson Foundation, 2023 Black adults (8%), adults with low family incomes (14%), and adults with public health insurance (12%) were all more likely to forgo needed care due to difficulty finding transportation. Source: Robert Wood Johnson Foundation 2023
Objectives/Future
Short-Term Goals: - Establish a solid customer base in the local market. - Achieve positive cash flow and profitability within the first year. Long-Term Goals: - Expand service area to Northern and Southern California. - Increase fleet size and service offerings based on demand. - Develop strategic partnerships and explore additional revenue streams. - Expand outside of California in other markets such as Arizona, Nevada, Utah, Colorado and Texas.
The Team
CEO/Owner - Steven Davis (Full Time Owner Operator) - Operations Manager: Manages daily operations, scheduling, and dispatch. - Marketing Manager: Handles marketing strategies, partnerships, and promotions. - Customer Service Representatives: Manage bookings, inquiries, and customer feedback. - Drivers: Certified and trained in patient care and vehicle operation. - Dispatchers: Coordinate schedules and manage realtime routing. - Administrative Staff: Handle office tasks, billing, and recordkeeping.
Steven Davis
Owner/CEO
Steven Davis
The Deal
Looking for PKR 836,000,000 - Min per Investor PKR 1,400,000 Loan Details: - Total Loan Amount: $3,000,000 - Annual Interest Rate: 8% - Loan Term: 5 years - Payment Options: Quarterly or Annual Quarterly Payments: - Quarterly Interest Payment: Quarterly Interest = 3,000,000 x 8%4 = 60,000 - Total Quarterly Payments Over 5 Years: 60,000 x 4 x 5 = 1,200,000 - Total Repayment Principal + Interest : 3,000,000 + 1,200,000 = 4,200,000 Annual Payments: - Annual Interest Payment: Annual Interest = 3,000,000 x 8% = 240,000 - Total Annual Payments Over 5 Years: 240,000 x 5 = 1,200,000 - Total Repayment Principal + Interest : 3,000,000 + 1,200,000 = 4,200,000