Emergency Medical Services Announces AMR Preferred Provider Agreement, New AMR Markets
11 Maggio 2006 - 10:35PM
Business Wire
Emergency Medical Services Corporation (NYSE: EMS) today announced
that its American Medical Response, Inc. (AMR) subsidiary has
entered into an agreement with a group of skilled nursing
facilities affiliated with Skilled Healthcare LLC as a preferred
provider for non-emergency ambulance transportation services. Under
the agreement, AMR will provide services to 31 nursing homes,
rehabilitation centers and assisted living facilities in
California, Texas, Nevada, Kansas and Missouri that are affiliated
with Skilled Healthcare. The relationship is expected to generate
over $2 million in annual revenue for AMR. EMSC Chairman and CEO
William A. Sanger said: "We're very pleased with our new
relationship with the Skilled Healthcare affiliates. Our unique
ability to support their patient-focused services, coupled with our
ability to provide managed transportation services (including a
single point of contact for communications) will provide the basis
for a win-win partnership." Jose Lynch, President of Skilled
Healthcare LLC, added, "AMR's ability and track record of utilizing
technology to enhance patient care and on-time performance is
consistent with, and supportive of, our affiliated facility
operators' overall focus on patient needs." EMSC also announced
today that the Company has begun providing non-emergency
transportation services in Pittsburgh, Pennsylvania, and Northwest
Arkansas. According to Roylene Rhodes, Vice President, Business
Development of EMSC, "our entry into these new markets is
consistent with our strategy to develop new operations in markets
where the company can create competitive advantages and increase
market share. Our ability to understand customer and patient needs
provides the foundation for new market development." The Company
expects that initial contracts in these new markets will contribute
approximately $3 million in new annual revenues to EMSC. About
Emergency Medical Services Corporation Under the recognized brands
of EmCare(R) and American Medical Response(R) (AMR), Emergency
Medical Services Corporation, headquartered in Greenwood Village,
Colorado, is a leading provider of emergency medical services in
the United States, serving more than nine million patients each
year. EmCare provides outsourced emergency department staffing and
management services to more than 335 hospitals in 39 states.
American Medical Response is America's leading provider of
ambulance services, with local operations in over 250 communities
in 35 states. For more information, visit www.emsc.net. About
American Medical Response American Medical Response Inc.
(www.amr.net), America's leading provider of medical
transportation, is locally operated in 35 states. More than 18,000
AMR paramedics, EMTs and other professionals transport nearly four
million patients nationwide each year in emergency, critical and
non-emergency situations. Operating a fleet of approximately 4,000
vehicles, AMR is headquartered in Greenwood Village, CO. About
Skilled Healthcare Headquartered in Foothills Ranch, CA, Skilled
Healthcare LLC is an administrative services organization and
subsidiary of Skilled Healthcare Group, Inc. Skilled Healthcare
Group, Inc. owns 56 skilled nursing facilities and 12 assisted
living facilities with a total of 7,368 licensed beds located
throughout the western United States, specifically in California,
Texas, Kansas, Missouri and Nevada. Skilled Healthcare LLC operates
and manages those facilities Forward-Looking Statements Certain
statements and information herein may be deemed to be
"forward-looking statements" within the meaning of the Federal
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may include, but are not limited to, statements relating
to our objectives, plans and strategies, and all statements (other
than statements of historical facts) that address activities,
events or developments that we intend, expect, project, believe or
anticipate will or may occur in the future. Any forward-looking
statements herein are made as of the date of this press release,
and EMSC undertakes no duty to update or revise any such
statements. Forward-looking statements are not guarantees of future
performance and are subject to risks and uncertainties. Important
factors that could cause actual results, developments and business
decisions to differ materially from forward-looking statements are
described in EMSC's filings with the SEC from time to time,
including in the section entitled "Risk Factors" in the Company's
most recent Annual Report on Form 10-K. Among the factors that
could cause future results to differ materially from those provided
in this press release are: the impact on our revenue of changes in
transport volume, mix of insured and uninsured patients, and third
party reimbursement rates; potential penalties or changes to our
operations if we fail to comply with extensive and complex
government regulation of our industry; and the loss of existing
contracts and the accuracy of our assessment of costs under new
contracts.
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