Fallon Ambulance Service of Quincy MA Joins Transformative Healthcare, Fallon COO Tyler Becomes Transformative CEO

QUINCY, Mass.--Fallon Ambulance Service, Massachusetts’ oldest independently-owned ambulance service, is joining the Transformative Healthcare family of companies through a major equity investment by Transformative. The transaction accelerates Transformative’s strategic mission to deploy innovation and data analytics in medical transportation to improve healthcare delivery and patient outcomes while reducing costs. Fallon, which was founded in 1923, has nearly 650 employees, 150 vehicles, and municipal contracts serving over 300,000 Massachusetts residents. It will continue to operate under the Fallon brand name and Fallon’s 95-year commitment to “honesty, integrity, humility and compassion.” Transformative is also the parent company of LifeLine Ambulance Service, operating from 12 locations across New Hampshire and Eastern Massachusetts, and Stewart’s Ambulance Service, which has served New Hampshire’s Lakes Region for 35 years. With its investment in Fallon, Transformative has become the largest ambulance service provider in the Massachusetts-New Hampshire market, measured by patients served. Transformative is now the majority owner of Fallon, with the Fallon family retaining a substantial passive ownership position. As part of this transaction, Fallon’s president and chief operating officer, Sean Tyler, has been appointed CEO of Transformative. Tyler said: “Everyone wants to be on a winning team, and partnering with Transformative Healthcare c...
Source: JEMS Administration and Leadership - Category: Emergency Medicine Tags: Industry News Administration and Leadership Source Type: news
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