As CFO of iMed Transport, Jay Ankur Bansal saw the value of investing in this company. As a keen entrepreneur from Phoenix, Jay A. Bansal only invests in businesses that are innovative and will help the most people. iMed has completed thousands of trips that has helped thousands of patients.
What is iMed Transport?
According to Jay A. Bansal, iMed is a cloud-based medical software designed to make the transportation of patients more convenient. The purpose of this software is to link ambulances with healthcare providers to facilitate the transportation process. iMed is easy to use, and anyone can access it via a mobile device or computer. Using the software, users can submit documentation electronically and request transportation to a healthcare center. iMed transport also facilitates live tracking to make it easy for all of those involved to check on the location of the patient.
Ambulance Advantages of iMed
- iMed reduces patient wait times
- All the paperwork gets submitted electronically which eliminates wait lines at the hospital
- Automates the call process and makes the requests more accurate
- It makes it more profitable for carriers since they have access to patient’s insurance information
- Reduces overall wait times at home and the hospital
- Makes ambulance dispatch a lot more accurate and reduces detours
Advantages for Health Care Providers
- Having access to electronic patient information improves care and overall satisfaction
- Improves the logistical process
- Automation of the process increases efficiency, better use of resources, decreases discharge times and improves wait times
Advantages for Patients
- Using iMed decreases patient wait times
- Makes the services more reliable
- Improves the quality of medical care
- Allows patients to track the transportation status
These are some of the reasons why Jay Ankur Bansal believed in the benefits, and the positive impact iMed would have in the healthcare industry. With over 15 years of experience, leaving a mark in the business world, Jay Ankur Bansal has a diverse portfolio of businesses. Jay Bansal’s many businesses include a medical-legal funding company, real estate, apartment and hotel projects, and gas station convenience store ownership.
When former attorney Jay A. Bansal is not taking the business world by storm, he’s working on projects to help the community with his wife of 25 years, Rajani Bansal. Together, the support community projects in the business area and spend time with their three children.
Phoenix businessman, Jay A. Bansal has been successful for the past 15 years in many different sectors of business. His business portfolio includes owning gas station convenience stores, a medical-legal funding business, medical software companies, and hotel and apartment projects.
Although Jay Ankur Bansal has invested in real estate for many years, one of his newest projects includes a joint venture with Ashford Communities. Ashford Communities, a well known real estate company in the Houston, Texas area, has been a leader in multi-family properties for many years. Thanks to his keen eye for business, Jay A. Bansal recognized Ashford Communities’ potential and has been an investor in their Houston real estate projects for many years.
Ashford Communities make sure all of the properties they manage are a place where people belong. Aside from managing properties, Ashford Communities also want to help the communities they serve to flourish. They stand for pride, connection, care, and belonging, which resonated with Jay’s philosophy.
As someone who also likes to invest in his community, Jay Ankur Bansal decided to help bring Ashford Communities to Phoenix. With this joint venture, both parties will work together to locate real estate properties in the Phoenix area that could benefit from its experience. The goal is to bring quality property management to affordable multi-family properties in Phoenix.
Since his days as a solo law practitioner, former attorney, Jay Ankur Bansal knew when to take business risks. After graduating from law school and working at a law firm, Jay A. Bansal decided to open a solo practice. He practiced personal injury, business law, and immigration law for 20 years before taking the risk of becoming an entrepreneur. For the last 15 years, he has succeeded as a businessman because he takes calculated risks when he believes in a project.
This joint venture with Ashford communities is no exception. Jay A. Bansal credits his success in real estate to always knowing your niche, not undermining risks, learning the market, and collecting referrals.
Jay A. Bansal grew up in the Phoenix area and is an active member of the community donating and sitting on the board of worthy organizations. As the son of a retired pediatrician, Jay learned to become a leader of his community from his parents. Jay Ankur. Bansal and his wife of 25 years, Rajani Bansal take an active role in the community by donating to worthy causes.
A lien finance company, Midwest Medical Services provides medical services for patients who have been injured in an accident and do not have health insurance. Jay A. Bansal knows the first thought people have after an injury is how they will pay for quality treatment.
As a former personal injury lawyer, Jay Ankur Bansal had first-hand experience with clients waiting for their settlements to pay their medical bills. Many clients also never get the care they require due to the high out of pocket cost of medical care. Without the resources to pay for their medical care, they do not get the necessary treatment and cannot adequately present their injury claims.
When patients go to Midwest Medical Services, they get medical treatment right away. Midwest Medical Services waits until the case settles and patients never have to pay anything out of pocket regardless of the outcome.
Jay Ankur Bansal, the entrepreneur behind Midwest Medical Services, combines sharp business skills and the desire to help communities to make this company thrive. This service provides a place for people to turn to when they don’t have health insurance or the resources to take care of their injuries.
Jay A. Bansal has partnered with a wide network of primary care doctors, chiropractors, MRI facilities, physical therapists, orthopedic surgeons, neurosurgeons, plastic surgeons, and surgery centers to bring the best care to patients. Midwest Medical connects people from all over the country, who otherwise would not know who to turn to, with choice physicians and healthcare providers.
Midwest Medical Services is not Jay A. Bansal’s only medical industry related business venture. Jay Bansal also created iMed Transport, a cloud-based software system to simplify medical transportation.
After the great success of Midwest Medical Services, the business world will have to wait and see what Jay A. Bansal comes up with next. For 15 years, Jay A. Bansal has been successful in the business world. Aside from starting medical-legal funding and medical software companies, his other business ventures include real estate, hotel and apartment projects, and gas station and convenience store ownership.
Jay A. Bansal grew up in the Phoenix area and is an active member of the community donating and sitting on the board of worthy organizations. Jay Ankur. Bansal and his wife of 25 years, Rajani Bansal take an active role in the community by donating to worthy causes. The couple has plans to continue their entrepreneurial projects and philanthropic work.
When a patient falls ill and requires medical attention, out-of-pocket expenses are stratospheric, going as high as $425 for an initial doctor’s visit. In certain cases, this financial burden has become so great, patients delay or avoid care or leave their providers with unpaid bills.
Moreover, even with health insurance, unsubsidized individuals pay $320 per month with family monthly premiums estimated at a whopping $833. Deductibles are skyrocketing as well; the average employee pays $1,491 for a single coverage before their insurance kicks in to help with the medical costs.
For automobile accidents, in particular, patients are looking at anything between $2000 to $4000 even for minor accidents. Entrepreneur Jay Bansal is a renowned businessman who has identified these alarming gaps in the system. He offers a great solution to tackle unprecedented healthcare costs, and lessen the inequalities in accessing quality care.
Midwest Medical: A Novel Medical Funding Venture to Help the Uninsured
Midwest Medical is a medical lien finance company founded by Jay Ankur Bansal that gives patients access to quality healthcare services through a list of certified providers. The company focuses on helping patients who sustain automobile injuries and do not have any health insurance to rely upon or those who have health insurance plans with high deductibles and out of pocket costs.
Jay A. Bansal has carefully studied the discrepancies and loopholes in healthcare, and strives to undercut this exorbitant system. The glaring problem? Patients in automobile accidents are having to shoulder an immense financial burden to get the care they need due to someone else’s negligence.
Patients Have Access to a Range of Top Providers in Healthcare
Jay Ankur Bansal believes that healthcare shouldn’t be an elite system that fails to account for the average citizen. Medical Midwest gives patients access to qualified clinics that they can approach without having to pay anything out of pocket.
Having fervently been involved in the entire process, the businessman has incorporated key protocol both internally and externally throughout the startup phase to ensure the utmost quality with as few hassles as possible for patients.
Jay Bansal has established valuable contacts within the medical sphere; providers ranging from primary care physicians, chiropractors, neurologists, orthopedic surgeons, plastic surgeons. To simplify patients’ access to medical care, Midwest Medical works with MRI facilities as well as hospitals and surgery centers.
No Upfront Fees, Payment is Done After the Case is Settled
Jay A. Bansal‘s startup has proven to be a godsend for patients with limited access to quality care and nowhere to turn to. Midwest Medical does not collect upfront but waits until the patient’s personal injury case is settled.
The company has funded such cases to the tune of $10 million in the last five years alone. Taking to task other overpriced and underdelivering systems like healthcare, the businessman continues to make a foray into new markets and help even more people.
The zealous entrepreneur has made groundbreaking advancements in the field of real estate, medical funding, and numerous business ventures. Jay Bansal and his wife Rajani Bansal take pride in their mission to make services affordable, accessible and reliable for all.
Jay Ankur Bansal is an astute businessman who has truly revolutionized the real estate industry in over the past 15 years.
Cutting his teeth in the business by operating several Mobil gas stations and convenience stores in the Valley, Jay pursues a forward-thinking momentum. The businessman has taken the business operations to staggering new heights since he made that initial investment back in 2004.
What drew him to this lucrative business venture? Jay Bansal chimes in, “Simply put, gas is a highly consumable product that drives customers and related products; these sales can greatly enhance real estate values and prospects to the entire neighboring communities. With Mobil, I saw a budding opportunity to expand my reach and cross over into new markets.”
Using his natural flair for business practices, Jay plans to widen his current grocery offerings to include fresh produce, a dessert bar, and even a drive-thru option. Mr. Bansal has expressed that the store could well double in size as there is a huge remodeling project in the works.
When asked about his view of the real estate market as it stands today, the businessman has an apt response. “My philosophy with real estate is simple; success starts with a great blueprint. Setting the right parameters is a top priority when scoping out a commercial real estate deal.”
He continues, “For instance, with the gas station, the first location I invested in had a meager collection of grocery stores within walking distance, leaving the local community somewhat handicapped. By developing a business model that combined a gas station and a convenience outlet, not only were we bridging a gaping hole in the supply chain, we were also creating a self-contained community and thereby, elevating the value of neighboring real estate.”
He makes an excellent point. Statistics show that there are just 127,590 fuel stations in the US with attached convenience stores and, unsurprisingly, these stores are responsible for roughly 80% of the fuel sales in the country.
Fast forward 15 years later, former attorney Jay Bansal has carefully cultivated his entrepreneurial prowess. He now owns and operates several Mobil gas stations in Phoenix, Arizona, with all of these locations having attached convenience stores.
“In a larger sense, it’s also important to understand the risks associated with commercial property,” Mr. Bansal advises. “Even among similar ventures, the risks fluctuate drastically and, hence, it’s important to thoroughly review the financial condition and predicted forecasts of a particular market before diving in headfirst.”
Jay A. Bansal chooses to actively participate in the business rather than adopt a backseat approach. He is constantly innovating his inventory strategies, management, and internal and external protocol tactics to stay abreast of the fluctuating market.
For Jay, there’s no looking back. The accomplished entrepreneur and his wife of 25 years, Rajani Bansal, are forging ahead, taking each new business challenge in stride. Eager to evolve their portfolio, the husband-wife duo is now looking at hotel and apartment projects in the Phoenix area.
Business owner, founder and real estate investor, Jay Bansal is a force to be reckoned with. An entrepreneur at heart, he has ushered the corporate world into the 21st century.
Initiating projects like iMed Transport, a company that simplifies hospital logistics and patient care, and playing a key role in several real estate projects, former lawyer Jay Bansal and his wife Rajani Bansal are used to taking business risks.
Jay A. Bansal‘s real estate endeavors have completely changed the status quo. Convenience stores, gas stations, hotel and apartment projects have molded the razor-sharp work ethic he is known for. Today, he is a respected thought leader in the market and shares many of his business habits with budding investors across the globe.
Study the Ins and Outs of the Market
Jay Ankur Bansal is a big believer in rigorous research that leaves no stone unturned. His mantra? “Business professionals have to know their target market’s interest and attraction to properly analyze the market.”
Study the marketplace microscopically, stay abreast of current trends, measure consumer behaviors, mortgage rates, and forecasted real estate patterns. Attorney Jay Bansal pushes investors to make a holistic plan for the future so that no opportunity is unspoken for.
Know Your Niche
Focus is everything, without it, an investor is like a fish out of water. Jay A. Bansal encourages that entrepreneurs block out the noise and focus on developing a depth of knowledge in one niche.
All successful real estate investors have spent a lot of time excelling in one niche initially. This spells long-term success. Ask yourself; Should I invest in luxury condominiums? Or do distressed properties attract my interest? Using this same in-depth approach, real estate investors can then proceed to conquer other segments of the market.
Referrals Are Your Friend
The major slice of a real investor’s pie is, you guessed it, referrals. Jay Ankur Bansal advocates that it’s very important for investors to build human connections with partners, associates, clients, renters – anyone who comes their way.
When you pay attention and proactively address complaints – people take notice. You become an investor that has represented themselves in a positive light, and left a lasting mark on the minds of potential clients.
Don’t Undermine Risks
With sizeable reward, there is a sizeable risk. Lawyer Jay Bansal reminds investors to remain prudent and take into consideration the risks that the future presents. Advertisements in the market tend to gloss over potential red flags, it’s important to go out of your way to learn about the legal implications that are interwoven into deals of this nature.
The Road Ahead
So what does the future hold for lawyer Jay A. Bansal? For now, he continues to oversee his thriving real estate investment deals, setting his sights on Phoenix’s apartment scene.
Mr. Bansal explained, “Market analysis is about identification. When you have a clear perspective on a company’s overall value, you can clearly identify future projections based on buying patterns, economic demographics, patterns, trends, competition, and quality.”
Jay Bansal continued, “Business professionals have to know their target market’s interest and attraction to properly analyze the market. This includes understanding and discovery of the target markets buying patterns and needs. Once these are identified, the research will help to put business plans into action. Market analysis is a critical element to future decisions and a company’s success. It’s not enough to guess; you have to have measurable evidence that can be implemented into the business’s operational production.”
When you have clear objectives and detailed data to utilize to meet or exceed goals, this type of composition is critical to any companies success. Jay Bansal is an expert in legal matters and always brings those practices into any business venture in which he partakes. His key focus has always pinpointed the assessment of every aspect of forensic accounting and investigation before he pursues a binding business agreement. This in-depth process is part of market analysis and is sometimes overlooked by new entrepreneurs.
“To creatively and accurately find resolutions and to tweak business plans along the way is essential to stay on lucrative because things are always changing, such as customer needs, funding, trends, and loyalty. Staying ahead of the change is the best way to maintain forward momentum.” Jay A. Bansal explained.
With several businesses that he owns outright, franchises and his involvement with multiple startup companies, Jay Bansal is continuously proactive. He has made a lasting mark on the business world. From owning gas stations, convenience stores, real estate, hotel and apartment projects, medical-legal funding, and medical software companies. Jay Bansal is a steadfast, loyal business professional, and he brings a wealth of knowledge to numerous companies.
Jay Bansal’s dedication to education and success led him to graduate second in his high school class out of 450 students.
Growing up in Arizona, Jay Bansal was the son of a devoted pediatrician. From there, Mr. Bansal’s drive only grew as he graduated from Berkeley with a high GPA and then led a long, successful career as an attorney. Currently, his legal and business expertise are propelling his endeavors forward as a serial entrepreneur.
Former attorney and entrepreneur, Jay Bansal found his passion for the corporate world many years ago with his interest in startup companies and small business ventures. This appeal led him to own several gas stations and convenience stores, start-up several medical software service companies, and invest in vast real estate and financial opportunities over the past fifteen years.
Jay Bansal often uses his legal expertise to launch companies forward and ethically consider guidelines and protocols. Jay Bansal is realistic and understands that not all investments are going to be profitable immediately, but he also knows that if a company can prove profitability and growth over a reasonable period of time, and if it is something that he is enthusiastic about, then it is probably a wise investment.
Jay Bansal also knows the importance of being open-minded. Many businesses are stymied before given a chance, but with Jay, he works diligently on the ground floor to see his investments through to the end. He’s always personally involved in the daily operations and management depending on his specific role in the company’s future. Small businesses can be very lucrative if you know how to grow the organization.
Jay Bansal learned hard work and dedication from an early age, so his ardent ambition is ingrained in his personality, and he always sees projects through to make sure things are lining up with market analysis, trends, and goals. Reinventing yourself at any age is challenging, but the reward far outweighs the risk.
Jay Bansal grew up in the Phoenix area and is proud to give back to his state and local communities. He’s been extraordinarily active in community organizations and donates to worthy causes that he can stand behind and support with honor. Jay has been married to Rajani Bansal for 25 years, and together, they are grateful to be able to take part in entrepreneurial partnerships as well as in supporting and promoting roles for their communities.
Jay A. Bansal explained his interest in pursuing ownership with the highly-regarded Mobil brand. “In 2004, I bought my first Mobil gas station. All of my current gas stations have convenience stores attached. Over the years, this endeavor has proven to be extremely successful, and I’m interested in expanding my reach in this market even further.”
Mr. Bansal continued, “I own and operate a 1200 square foot Mobil station and convenience store in a densely populated area at Broadway and the 101 freeway in Tempe. However, there are very few options for customers in that area for groceries and convenience store items. I’m in the process to expand this storefront to offer more groceries for customers such as fresh produce and prepared foods and desserts, and we are considering a drive-thru option for our client’s convenience as well. We are looking at possibly doubling the size with a new remodel and renovation that we are working with the City of Tempe at this time.”
“Mobil gas keeps an engine 2x cleaner than other fueling options. They specialize in Synergy™ gasoline, which offers better gas mileage, better performance, improved engine protections, and lower emissions. I’m thrilled to have partnered with Mobil when I did, and I look forward to a successful future with them.”
For the past 15 years, former attorney, Jay Ankur Bansal has made an indelible mark on the business world. From owning gas stations, convenience stores, real estate, hotel and apartment projects, medical-legal funding, and medical software companies. Jay Bansal is a steadfast, loyal business professional, and he brings a wealth of knowledge to numerous companies that he’s involved in many aspects, especially when it comes to legal issues.
Jay A. Bansal grew up in the Phoenix area and is proud to give back to his state and local communities. He’s been extraordinarily active in many nonprofit organizations. Jay has been married to Rajani Bansal for 25 years, and together, they are grateful to be able to take part in entrepreneurial partnerships as well as in supporting and promoting roles for their communities.
Staying safe throughout the hot summer months is sometimes a challenging feat for many individuals. If we become dehydrated, we increase our risk of raising blood pressure and having heart palpitations. Along with the dangers of dehydration,
Our bodies self-regulate heat by sweating; however, when we sweat, we also perspire potassium and sodium.
Both of these minerals help control nerve function, water balance, and heart rhythm. If you suffer from any heart conditions, the loss of these minerals can be detrimental to your cardiac condition.
The warning signs of heat stroke or other heat-related disorders
- Muscle cramping
- Heart palpitations
In dangerous situations like these, calling an ambulance is critical!
Jay Bansal is the CFO with iMed Transport, which helps simplify ambulance and hospital logistics and planning for patient care. iMed offers a better way for EMS and Ambulance teams to coordinate with hospital staff.iMed Transport is an automated, cloud-based software system designed to simplify the medical transportation process. It helps link healthcare providers with ambulance providers to optimize operations for healthcare, medical transportation, and patient care.
Any mobile device or desktop can safely and conveniently access iMed Transport. Users now can quickly request transportation services and electronically submit documentation using a simple form via a secure connection.
The software provides notifications and live tracking to all parties involved from checking transportation status, location, and patient information.
Jay Bansal explains, “iMed’s benefits are numerous for healthcare providers, patients and ambulance personnel such as increasing efficiency and outcomes from shortened discharge times and reduced patient wait times.
iMed also simplifies and automates the call-taking process, which reduces errors, eliminates paperwork, treatment delays, improves revenue cycles with the precise patient and insurance information as well as enhances vehicle utilization and reduces dispatcher workload.”
For the past 15 years, former attorney, Jay Ankur Bansal has made an indelible mark on the business world.
From owning gas station convenience stores, real estate, hotel and apartment projects, medical-legal funding, and medical software companies, Jay Bansal is a steadfast, loyal entrepreneur.
Jay Bansal grew up in the Phoenix area and is proud to give back to his state and local communities.
Jay has been married to Rajani Bansal for 25 years, and together they are grateful to be able to take part in entrepreneurial partnerships.