AMR Inc. Moves Into Southern California Market With Four Acquisitions.FREMONT, Calif.--(BUSINESS WIRE)--May 1, 1996--American Medical Response Inc. (NYSE NYSE See: New York Stock Exchange :EMT See Efficient markets theory. ) today announced it has acquired four ambulance service companies in Southern California. The agreement includes three Los Angeles County providers: Adams Ambulance Services Inc. of South Gate; AME See AIT. Ambulance in Whittier; and Risher Ambulance Service Inc. in Montebello. In San Bernardino County, AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. Inc. acquired Courtesy Services of San Bernardino Inc. Terms of the acquisitions were not disclosed. The four companies will become part of American Medical Response American Medical Response, Inc. (AMR) is the largest private ambulance provider in the United States. AMR and EmCare are wholly owned subsidiaries of EMSC L.P., an emergency management company held by the investment firm Onex. AMR is based out of Greenwood Village, Colorado. West, a subsidiary of AMR Inc. "These four key acquisitions will establish a significant beachhead in the populous Southern California market," said Paul Shirley, chief executive officer of American Medical Response Inc. "This market holds substantial opportunities to form partnerships with managed care organizations and governmental entities." "Managed care providers will be able to benefit from our ability to provide services in broad geographic areas throughout California," Shirley said. "In addition, we are currently developing triage triage Division of patients for priority of care, usually into three categories: those who will not survive even with treatment; those who will survive without treatment; and those whose survival depends on treatment. and other services which will help reduce unnecessary emergency treatment costs for a wide range of payors," he added. American Medical Response Inc., headquartered in Aurora, Colo., is the leading provider of emergency and non-emergency ambulance services in the United States. The company provides ambulance services in 27 states and transports more than 2.4 million patients annually. American Medical Response West, headquartered in Fremont, Calif., now operates in 28 California counties, the three Hawaiian Islands that make up the County of Maui and parts of Oregon and Washington State. CONTACT: American Medical Response West Chuck McFadden, 510/657-9999 Ext. 2357 |
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