Thursday, June 20, 2019

AEL has 3 million subscribers

https://www.ems1.com/air-medical-transport/articles/393747048-MedFlight-base-closure-leads-to-primary-provider-change-in-Ala-county/

$85 per year X 3M = $250M

medevacs - air evac lifeteam / AEL

Meridianville AL base closed by Air Methods

AEL will fill the void - from further away - but its OK because all of
their bases are further away - ???????? - what kind of logic is that?

lets figure this out - each AEL base has 14 fulltime staff - at 100K
each that is $1.4 M for each base - that is 178 bases (250/1.4) - they
only have 150 bases iirc - plus they bill insurance companies and get
$6K per flight on average iirc

each helo might do 2 flights per day - so 12K X 365 X 178 = $778M in
insurance reimbursements

assuming that capital costs are zero - looks like they are clearing
$1B in pure profit annually

????????????

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