Emergency Medical Services Clarifies Agreement With Aetna
14 Agosto 2007 - 1:34PM
Business Wire
Emergency Medical Services Corporation (NYSE:EMS) (�The Company�)
clarified today the details of the national medical transportation
agreement its American Medical Response, Inc. (AMR) subsidiary has
entered into with Aetna. Under the terms of the agreement, AMR will
be the exclusive provider of non-emergency transportation
management services, including wheelchair and paratransit services
for qualified Aetna Golden Medicare beneficiaries enrolled in
Aetna�s Medicare Advantage special plan offering designed for lower
income Medicare beneficiaries. AMR will provide transportation
management services using the Access2Care system it gained with the
recent acquisition of Abbott Ambulance in St. Louis. EMSC Chairman
and CEO William A. Sanger said, �We are very pleased both with our
relationship with Aetna and our ability to quickly leverage the
Access2Care product to expand our market presence for managed
transportation services. Our unique ability to support Aetna�s
patient-centered services, combined with our ability to provide
seamless transportation management services are the basis for a
win-win partnership.� �Aetna is pleased to provide a safe ride to
and from covered medical services including doctors appointments
and lab tests for our Medicare beneficiaries who otherwise might
struggle with how to get to their scheduled appointments,� said
Eric Cormier, Aetna�s General Manager for Retiree Markets.
�Transportation challenges too often prevent people from keeping
their regular doctors appointments and going in for the preventive
care and screening tests that can be critical to detecting disease
early and managing chronic health conditions.� Service is being
implemented first in Cook County, Illinois (Chicago) and the
mid-Atlantic region, including Pennsylvania, New Jersey, Maryland,
Delaware and Washington, D.C., and will expand to additional
service areas in 2008. 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
350 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 American Medical
Response American Medical Response Inc. (www.amr.net), America�s
leading provider of medical transportation, is locally operated in
37 states and the District of Columbia. AMR�s 18,500 paramedics,
EMTs and other professionals transport more than four million
patients nationwide each year in critical, emergency and
non-emergency situations. Operating a fleet of approximately 4,500
vehicles, AMR is headquartered in Greenwood Village, CO. About
Aetna Aetna is one of the nation�s leading diversified health care
benefits companies, serving approximately 34.9 million people with
information and resources to help them make better informed
decisions about their health care. Aetna offers a broad range of
traditional and consumer-directed health insurance products and
related services, including medical, pharmacy, dental, behavioral
health, group life, long-term care and disability plans, and
medical management capabilities. Our customers include employer
groups, individuals, college students, part-time and hourly
workers, health plans and government-sponsored plans. www.aetna.com
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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