Emergency Medical Services Announces AMR Preferred Provider Agreement with HCR Manor Care
16 Giugno 2006 - 8:03PM
Business Wire
Emergency Medical Services Corporation (NYSE: EMS) (the "Company")
today announced that its American Medical Response, Inc. ("AMR")
subsidiary has entered into an agreement as a national preferred
provider for non-emergency medical transportation services and
non-emergency medical transportation management services with two
subsidiaries of Manor Care, Inc. (NYSE: HCR), Manor Care Health
Services, Inc. and Health Care & Retirement Corporation of
America (collectively, "Manor Care"). Manor Care is a leading
provider of short-term post-acute and long-term care. The agreement
has a three-year term with AMR scheduled to begin services August
1, 2006. Under the agreement, AMR will provide services to 156
Manor Care nursing homes and assisted-living facilities in 18
states. The relationship is expected to generate approximately $6
million in new annual net revenue and positive margins consistent
with the Company's other non-emergency transportation services.
EMSC Chairman and CEO William A. Sanger said: "We're very pleased
with the expansion of our relationship with Manor Care. This
three-year agreement is another example of the Company implementing
its strategy to leverage organic growth opportunities using the
significant scale and scope of both our technology, including AMR's
proprietary Millennium managed transportation software, and our
record of quality service. "Over time, we hope to expand the
geographic scope of services furnished to Manor Care facilities,"
Sanger concluded. According to Greg Lawton, East Region Vice
President of Business Development at AMR: "Our proprietary
Millennium managed transportation software was designed with input
from case managers and discharge planners, who need the ability to
quickly and easily order medically appropriate ambulance
transportation for their patients. Millennium's powerful
rules-based software helps assure that AMR provides its clients the
right level of care and transportation, at the right time, for each
patient." 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 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. 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.
Grafico Azioni Emergency medical (NYSE:EMS)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Emergency medical (NYSE:EMS)
Storico
Da Lug 2023 a Lug 2024
Notizie in Tempo Reale relative a Emergency Medical Services Corp (Borsa di New York (NYSE)): 0 articoli recenti
Più Emergency Medical Services Corporation Articoli Notizie