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Emergency Medical Services Announces Radiology Staffing Contracts With Erlanger Health System (TN), Alameda County Medical Center (CA)

Posted on: Tuesday, 29 May 2007, 15:00 CDT

Emergency Medical Services Corporation (NYSE: EMS)("The Company") announced today that its EmCare segment has entered into new agreements to provide radiology staffing and services for two leading healthcare systems.

In Chattanooga, Tenn., EmCare's radiology services operation, RadCare, has entered into a three-year agreement to provide radiology services for Erlanger Health System. RadCare was one of six providers being considered by Erlanger. Under the agreement, RadCare will provide radiologist staffing to perform approximately 300,000 radiology studies annually for several sites. Services are scheduled to begin July 1, 2007. Erlanger, a public, not-for-profit system of five hospitals, is a level 1 trauma health system. Founded in 1891, Erlanger Health System is affiliated with the University of Tennessee College of Medicine.

Under a separate agreement, RadCare began providing radiology staffing and services for Alameda County Medical Center in Oakland, Calif. RadCare's radiologists will perform approximately 80,000 studies annually under the three-year agreement, which went into effect May 1, 2007. Alameda County Medical Center operates Highland Hospital and John George Psychiatric Pavilion, as well as facilities providing rehabilitation, long-term care and a wide range of out-patient clinic appointments.

James Murphy, RadCare Chief Operating Officer, said, "We are pleased to have the opportunity to partner with these fine healthcare systems to provide high-quality radiology staffing and services. RadCare continues to see growth and demand for outsourced radiology services from hospitals seeking to contain expenses and improve radiology services."

The Company anticipates that combined annual net revenue for the two new agreements will be approximately $13.0 million.

About Emergency Medical Services Corporation

Under the recognized brands of EmCare® and American Medical Response® (AMR), Emergency Medical Services Corporation, headquartered in Greenwood Village, Colo., is a leading provider of emergency medical services in the United States, serving more than 9 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 RadCare

RadCare is a full-service radiology department management services provider to hospitals and imaging centers. Founded in 2003, RadCare provides physician staffing, imaging technology and related administrative support services. RadCare, based in Dallas, Texas, is part of the EmCare group of companies.

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.


Source: Business Wire

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