Re:Searchable PPP Loan Data
by digitaltrees on Tuesday July 07, 2020 @03:33PM
(#23763107)
Actually they did go down. Lots of evidence that people were not going to the hospital out of fear of Covid exposure
But let’s assume your premise; it’s likely their costs went up dramatically between Personal protective equipment, hazard pay, quarantine procedures for exposed employees etc.
Ambulance services are capital intensive (ie large Debt payments) and low margin. A 20% drop in revenue would bankrupt the company.
But let’s assume your premise; it’s likely their costs went up dramatically between Personal protective equipment, hazard pay, quarantine procedures for exposed employees etc.
Ambulance services are capital intensive (ie large Debt payments) and low margin. A 20% drop in revenue would bankrupt the company.