GREENWOOD VILLAGE, Colo., Jan 24, 2008 (BUSINESS WIRE) -- Emergency Medical Services Corporation (NYSE: EMS) ("the Company")
announced today that its emergency department management services
operation (EmCare) has entered into agreements with Christus Santa
Rosa Health Care in San Antonio, Texas, and three Pacific Health
Corporation hospitals in Southern California, to provide emergency
department management services.
For Christus Santa Rosa Health Care, EmCare will provide emergency
department management and physician staffing beginning February 1,
2008 for three hospitals: Christus Santa Rosa Children's Hospital,
Christus Santa Rosa City Centre, and Christus Santa Rosa Medical
Center. Additionally, EmCare will provide services to a new hospital
under construction beginning in early 2009.
Christus Santa Rosa Health Care is a regional health care system
serving South Texas. The faith-based not-for-profit health system is a
member of the Christus Health system.
Services to the Pacific Health hospitals began January 1, 2008 at
L.A. Metropolitan Medical Center, Anaheim General Hospital, and
Bellflower Medical Center.
Pacific Health Corporation is a regional health system serving the
southern California region.
James Murphy, EmCare Executive Vice President, said, "We are
excited to be given the opportunity to expand our relationship with
Christus, and to partner with Pacific Health facilities. We look
forward to providing high quality emergency care to the residents of
these growing communities."
Combined, the new contracts are expected to generate approximately
158,000 annual visits and $16 million in annual revenue, with margins
consistent with EmCare's other emergency department staffing services.
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
million patients in more than 2,000 communities nationwide. EMSC is
headquartered in Greenwood Village, Colorado.
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 350 exclusive contracts with hospitals and independent
physician groups to provide emergency department, hospitalist and
radiology staffing, management and other administrative services.
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
SOURCE: Emergency Medical Services Corporation
Emergency Medical Services Corporation
Deborah Hileman, 303-495-1210