Pafford: Hope-Based EMS Poised to Acquire Baptist Ambulance Service

Deal News | Apr 03, 2025 | EIN

Pafford: Hope-Based EMS Poised to Acquire Baptist Ambulance Service

In Arkadelphia, Arkansas, Pafford Medical Services is set to acquire the ambulance service from Baptist Health, despite social media outcry for keeping the service local. Headquartered in Hope, Arkansas, and serving four Midwest states and several Southwest Arkansas counties with a substantial fleet and workforce, Pafford plans to introduce new ambulances outfitted with advanced equipment while offering employees of Baptist an opportunity to continue under Pafford. Baptist's decision, made official just before informing its medics, has sparked concerns around potential job losses or reduced wages amongst the existing ambulance crew. In addition, Pafford highlights prior issues with health service fines have been rectified, with every staff cleared with the Office of Inspector General. Meanwhile, criticism has erupted due to Valor EMS being overlooked and Baptist's secretive dealings through the transition. Clark County does not currently have a dedicated contract for ambulance services, leaving this transition crucial for maintaining emergency medical services. Interestingly, this deal was expected to be outlined officially in a meeting with Baptist medics and administrative officials.

Sectors

  • Healthcare Services
  • Mergers & Acquisitions
  • Public Safety

Geography

  • Arkansas, USA – The transaction and the companies involved are based in Arkansas, specifically Arkadelphia and Hope.

Industry

  • Healthcare Services – The article discusses the acquisition centered on ambulance and emergency medical services, a component of healthcare services.
  • Mergers & Acquisitions – The article focuses on the acquisition of Baptist Health's ambulance services by Pafford Medical Services.
  • Public Safety – Given the involvement of emergency medical services, this sector covers public safety and emergency response.

Financials

  • Undisclosed – The purchase price and deal terms between Baptist Health and Pafford Medical Services.
  • $415,000 – Offer made by Valor EMS for Baptist's ambulance assets and additional capital costs.

Participants

NameRoleTypeDescription
Pafford Medical ServicesAcquiring CompanyCompanyPafford Medical Services is a private EMS company based in Hope, Arkansas, acquiring Baptist's ambulance service.
Baptist HealthSelling CompanyCompanyBaptist Health is a nonprofit healthcare system based in Little Rock, Arkansas, selling its ambulance service.
Jamie Pafford-GreshamCEO of PaffordPersonCEO of Pafford Medical Services, discussing the acquisition plans and transition process.
Clay HobbsCOO of PaffordPersonChief Operating Officer of Pafford Medical Services, explaining operational changes post-acquisition.
County Judge Troy TuckerGovernment OfficialGovernmentInvolved in discussions ensuring advanced life services continuity in Clark County.
Valor EMSCompeting CompanyCompanyLocal EMS service provider passed over during negotiations with Baptist.