Emergency Medical Services Announces Emergency Department Staffing Contract with Six Christus Spohn Health System Hospitals in T
09 Ottobre 2006 - 10:35PM
Business Wire
Emergency Medical Services Corporation (NYSE: EMS) (�the Company�)
announced today that its emergency department management services
operation (EmCare) has entered into an agreement with Christus
Spohn Health System in Corpus Christi, Texas, to provide emergency
department management services for its six hospitals in south
Texas. Under the initial three-year agreement, EmCare will provide
emergency department management and physician staffing management
beginning October 1, 2006. EmCare-affiliated physicians will treat
approximately 180,000 patients annually for Christus Spohn. The
relationship is expected to generate more than $16 million in
annual revenue, with margins consistent with the Company's other
emergency department staffing services. James Murphy, EmCare
Executive Vice President, said, �We are excited to be given the
opportunity to partner with one of Texas� most-respected healthcare
systems, and we look forward to working with Christus Spohn to
provide high-quality emergency department services to the residents
of the greater Corpus Christi area.� Christus Spohn Health System
is the largest not-for-profit health care system in the Corpus
Christi region, consisting of six hospital campuses: Christus Spohn
Hospital Corpus Christi (Shoreline, Memorial and South), Christus
Spohn Hospital Alice, Christus Spohn Hospital Beeville, and
Christus Spohn Hospital Kleberg (Kingsville). The system serves
more than 600,000 residents in a 13-county service area. About
Emergency Medical Services Corporation Under the recognized brands
of EmCare� and American Medical Response� (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 340 hospitals in 39 states. American Medical
Response is America�s leading provider of ambulance services, with
local operations in over 250 communities in 36 states and the
District of Columbia. For more information, visit www.emsc.net.
About EmCare, Inc. EmCare, Inc. and the physician groups operating
under the EmCare� brand�are leading providers of outsourced
emergency department staffing and related management services to
healthcare facilities in the United States. In addition, EmCare has
become one of the country�s leading providers of hospitalist
services. EmCare has more than 340 exclusive contracts with
hospitals and independent physician groups to provide emergency
department, hospitalist and radiology staffing, management and
other administrative services. 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. Emergency Medical Services Corporation (NYSE: EMS) ("the
Company") announced today that its emergency department management
services operation (EmCare) has entered into an agreement with
Christus Spohn Health System in Corpus Christi, Texas, to provide
emergency department management services for its six hospitals in
south Texas. Under the initial three-year agreement, EmCare will
provide emergency department management and physician staffing
management beginning October 1, 2006. EmCare-affiliated physicians
will treat approximately 180,000 patients annually for Christus
Spohn. The relationship is expected to generate more than $16
million in annual revenue, with margins consistent with the
Company's other emergency department staffing services. James
Murphy, EmCare Executive Vice President, said, "We are excited to
be given the opportunity to partner with one of Texas'
most-respected healthcare systems, and we look forward to working
with Christus Spohn to provide high-quality emergency department
services to the residents of the greater Corpus Christi area."
Christus Spohn Health System is the largest not-for-profit health
care system in the Corpus Christi region, consisting of six
hospital campuses: Christus Spohn Hospital Corpus Christi
(Shoreline, Memorial and South), Christus Spohn Hospital Alice,
Christus Spohn Hospital Beeville, and Christus Spohn Hospital
Kleberg (Kingsville). The system serves more than 600,000 residents
in a 13-county service area. 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
340 hospitals in 39 states. American Medical Response is America's
leading provider of ambulance services, with local operations in
over 250 communities in 36 states and the District of Columbia. For
more information, visit www.emsc.net. About EmCare, Inc. EmCare,
Inc. and the physician groups operating under the EmCare(R) brand
are leading providers of outsourced emergency department staffing
and related management services to healthcare facilities in the
United States. In addition, EmCare has become one of the country's
leading providers of hospitalist services. EmCare has more than 340
exclusive contracts with hospitals and independent physician groups
to provide emergency department, hospitalist and radiology
staffing, management and other administrative services.
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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