THE LEADING PROVIDER OF PRIVATE FIRE AND AMBULANCE EMERGENCY services is showing signs of financial disintegration.

Rural/Metro, headquartered in Scottsdale, Arizona, has been having difficulty meeting budget projections and has also been losing some of its more lucrative contracts to aggressive competitors who have been underbidding them on emergency medical contracts when they come open.

Couple that with some multi-million-dollar fraud settlements with the Federal government over billing practices along with a massive debt load, and you have a problem.  The company’s stock value has dropped more than 60% in the past year.

Ken Alltucker of the Arizona Republic (Phoenix) has just written a well-researched article on the current travails of Rural/Metro.  It exposes a company that has faltered when faced with competition and suffered from some managerial mistakes.

Firegeezer recommends that you read his article HERE.

Rural/Metro corporate WEBSITE.

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