Summary: EMSC L.P. Sep 07
- ID: 1789304
- September 2007
- Standard & Poors
The low speculative-grade rating on Greenwood Village, Colo.-based EMSC LP reflects its exposure to reimbursement changes, its relatively thin operating margins, its high level of bad debt expense, and its aggressive financial profile. These concerns are only partly offset by the revenue diversity of EMSC's two different businesses, its leading or near-leading positions in both of its businesses, and its relatively diverse payor and contract mix. EMSC LP is the parent company of ambulance transport services provider AMR Holdings and physician staffing services provider EmCare Holdings. Greenwood Village, Colo.-based American Medical Response Inc., the operating company of AMR Holdings, mainly provides emergency and nonemergency ambulance transports with more than 3,100 contracts in 36 states. Dallas, Texas-based EmCare Inc., the operating...
Companies mentioned in this report are:
- Envision Healthcare Corp.
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