Air Methods and Bayfront Health to Enter Into Preferred Provider Arrangement
May 04 2015 - 4:01PM
Air Methods Corporation (Nasdaq:AIRM), the global leader in air
medical transportation, announced today that it is entering into a
preferred provider relationship with Bayfront Health and its
Bayflite air medical transport program.
"Air Methods is honored to be a long-time partner of Bayfront
Health and the Bayflite program," said Mike Allen, Air Methods'
president of domestic air medical services. "The program has strong
roots in the community, caring for critically-ill and injured
patients who need immediate, specialized care. Together, we devote
ourselves-safely and prudently-to ensuring patients across 15
counties on the west coast of Florida have access to the highest
quality, around-the-clock service."
Under the new preferred provider arrangement, Air Methods will
provide program management, aviation, fuel, maintenance, aircraft,
dispatch, billing and EMS licensure for the three Bayflite bases
located in North Port (Sarasota County), Tampa (Hillsborough
County) and Brooksville (Hernando County), Fla. Each base is
staffed with 20 highly-trained Air Methods professionals, including
flight nurses, flight paramedics, mechanics and pilots, in service
24 hours a day, seven days a week. In addition, the program will
continue to operate as Bayflite.
"We are proud of our history at Bayflite, being the first
operational Helicopter Air Ambulance program on the west coast of
Florida," said Lisa Nummi, Bayfront Health's assistant chief
executive officer. "Since 1986, we have flown more than 56,000
patients, and have grown into an internationally recognized air
medical program. Through our partnership with Air Methods, and our
anticipated move into the new service model, our communities will
continue to see Bayflite helicopters in the skies above, knowing
that we are there for them."
The transition will be completed within an estimated 60 days,
once the required County licenses have been transferred.
Air Methods Corporation (www.airmethods.com) is the global
leader in air medical transportation. The Air Medical Services
Division is the largest provider of air medical transport services
in the United States. The United Rotorcraft Division specializes in
the design and manufacture of aeromedical and aerospace technology.
The Tourism Division is comprised of Sundance Helicopters, Inc. and
Blue Hawaiian Helicopters, which provides helicopter tours and
charter flights in the Las Vegas/Grand Canyon region and Hawaii,
respectively. Air Methods' fleet of owned, leased or maintained
aircraft features over 450 helicopters and fixed wing aircraft.
Forward Looking Statements: Forward-looking
statements in this news release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Statements in this press release that are
"forward-looking statements", include the anticipated transition
date for operations under the preferred provider agreement, which
are based upon current expectations and assumptions that are
subject to risks and uncertainties. Actual results could
differ materially from those currently anticipated due to a number
of factors, including but not limited to, the receipt of the
requisite operating licenses, and other matters set forth in the
Company's filings with the SEC. The Company is under no
obligation (and expressly disclaims any obligation) to update or
alter its forward-looking statements, whether as a result of new
information, future events or otherwise.
CONTACTS: Trent J. Carman, Chief Financial
Officer, (303) 792-7591. Please contact Christina Brodsly at (303)
256-4122 to be included on the Company's e-mail distribution
list.
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