Industry Analysis & Industry Trends
Australia's population relies on the Ambulance Services industry for a critical emergency service. The industry's various government-funded operators are at a constant state of readiness to ensure patients that require emergency or urgent ambulance attention can quickly receive such attention. The full costs of ambulance services are generally not covered by ambulance member subscriptions and private health insurance benefits. State government grants typically make up the cost shortfall, with those grants becoming additional industry revenue. Consequently, increased ambulance costs translate to increased industry revenue.
Demand for ambulance services has increased over the past five years... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry for providers of non-emergency services are relatively low, but include the cost of infrastructure for a geographically dispersed service, and the existence of contracts with existing operators. Many general hospitals have relationships with private operators to provide non-emergency transport. These operators are generally well established and gain from economies of scale. New entrants would have to usurp such operators, demonstrating that they could be cost-effective against entrenched industry operators.
However, barriers in providing emergency services are high. Government funding of existing ambulance services adversely affect the ability of private operators to compete... purchase to read more