Lots of people want to run San Diego’s ambulances. There’s money in medical emergencies.
The city’s inching toward putting its ambulance service contract out to bid, and two private companies, with high-powered lobbyists in tow, and the city’s fire union have all made clear they’d like the job.
Just how much money they’re all fighting over, however, isn’t clear. A New York private equity fund owns the city’s current ambulance provider, Rural/Metro, and its financial information isn’t public.
Dissecting what the city’s ambulance contract could be worth provides a window into why everyone wants it so badly. You can do a rough estimate in two easy (and one not-so-easy) steps.