Medical Transportation Services Business in New York
Listing Information
Medical Transportation Services Business in New York
Price: $3,000,000.00
Created: 05/31/2016
Category: Business Property > All Assets or Going Concerns > Health Care Equipment & Services
Sale Date: Wed. Jul 6, 2016
Trustee's Attorney
3305 Jerusalem Avenue
Wantagh, NY 11793
(516) 826-6500
Case Title: TC Ambulance Corportation
Court: New York Southern Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of all right, title and interest of the Debtors and the Trustee in, to and under the CONs describe as below:
The Initial Debtors were operating in accordance with five (5) Ambulance Service Certificates issued by the New York State Department of Health and identified as follows: (i) no. 0164 issued to debtor TransCare New York, Inc. d/b/a TransCare for Bronx, Kings, Nassau, New York, Queens, Richmond, Suffolk and Westchester counties; (ii) no. 0470 issued to debtor TransCare Westchester, Inc. for Westchester county; (iii) no. 0508 issued to debtor TC Ambulance Group, Inc., d/b/a Mount Sinai Beth Israel for Kings, Queens, Richmond, Bronx, New York counties; (iv) no. 0509 issued to debtor TC Ambulance North, Inc., d/b/a TransCare for Bronx, New York, Queens, Kings and Richmond counties; and (v) no. 0574 issued to TCBA Ambulance, Inc., d/b/a St. Barnabas Hospital Emergency Services for Bronx, Kings, New York, Queens and Richmond counties (collectively, the “Initial Debtors’ CONs”).
The Additional Debtors were operating in accordance with two (2) Ambulance Service Certificates issued by the New York State Department of Health and identified as follows: (i) no. 0667 issued to non-debtor TC Hudson Valley Ambulance Corp., d/b/a TransCare for Rockland, Orange, Ulster, Sullivan, Dutchess, Putnam, Westchester and Delaware counties; and (ii) no. 0510 issued to non-debtor TC Ambulance Corp., d/b/a Metro EMS for Bronx, New York, Queens, Kings, Richmond and Westchester counties
The business was to provide emergency medical transportation services to hospitals and communities in New York, including 911/EMS services, basic life support, advanced life support, critical care transport, ambulette and wheelchair van and special venue transportation services. The Debtors also provided nonemergency response services and critical care transfers to and between health care facilities, hospitals, nursing homes and other specialty care facilities.
Financial Overview
Additional Details
- Sale Time: 10:00 a.m.
- Bid Deposit Amount: $315,000
- Bid Amount: $3,150,000
- Bid Increment Amount: $25,000