Emergency Prices: How Private Equity Captured the Ambulance Market

Dan Geller is a Staff Attorney at Antimonopoly Counsel and can be reached at dan@antimonopoly.us.In 2023, the city of Evanston, Illinois raised its ambulance fee from $1500 to $2000, with a $15 mileage charge tacked on. Like many municipalities, city officials and taxpayers have gotten used to ever-increasing prices for basic services, all bucketed under the “cost of living” crisis we’re dealing with. In fact, yesterday the Michigan University consumer sentiment indicator hit the worst reading i...