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Emergency Medical Services Announces New Health Systems Contracts

Posted on: Thursday, 24 January 2008, 15:00 CST

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® 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.

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.

Source: Business Wire

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