EMSC Responds to Increasing Demand for Outsourced Anesthesiology Services
22 Settembre 2008 - 1:00PM
Business Wire
Emergency Medical Services Corporation (NYSE:EMS) (the �Company�)
and Clinical Partners, P.A. (�CPPA�) today announced the expansion
of their anesthesiology services business through CPPA�s signing of
new agreements to provide anesthesiology practice management
services to two hospitals in Texas: Doctors� Hospital in Bridgeport
and Midland Memorial Hospital in Midland. The contracted services
include recruitment of physicians and certified registered nurse
anesthetists, risk management, billing and collection, and other
services. These new agreements mark the continued growth of EMSC�s
new anesthesiology services line. As previously announced, EMSC
entered the anesthesiology services business when it acquired the
management entity of CPPA in August of this year, and currently
provides management services to CPPA under a long term agreement.
William A. Sanger, EMSC Chairman and Chief Executive Officer, said,
�We�re excited about the fast start we�ve seen with our new
anesthesiology division. Our ability to sign two new agreements so
soon after entering into the anesthesiology outsourcing market with
CPPA demonstrates both the strength of demand for these services
and the strong growth potential for this line of business for
EMSC.� About Emergency Medical Services Corporation Emergency
Medical Services Corporation (EMSC) is a leading provider of
emergency medical services in the United States. EMSC operates two
business segments: American Medical Response, Inc. (AMR), the
Company�s healthcare transportation services segment, and EmCare
Holdings, Inc. (EmCare), the Company�s emergency department and
hospital-based management services segment. AMR is the leading
provider of ambulance services in the United States. EmCare is the
nation�s leading provider of outsourced emergency department
staffing and related management services. In 2007, EMSC provided
services to 10.6 million patients in more than 2,000 communities
nationwide. EMSC is headquartered in Greenwood Village, Colorado.
About EmCare� EmCare, Inc. and the physician groups operating under
the EmCare� brand are leading providers of outsourced emergency
department and hospital-based physician services to healthcare
facilities in the United States. EmCare has more than 400 exclusive
contracts with hospitals and independent physician groups to
provide emergency department, anesthesiology, hospitalist and
radiology staffing, management and other administrative services.
EmCare is a subsidiary of Emergency Medical Services Corporation.
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 and subsequent periodic reports.
Among the factors that could cause future results to differ
materially from those provided in this press release are: the
integration of newly acquired entities into our business, the
impact on our revenue of 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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