Rural/Metro Awarded 911 Ambulance Contract Renewal In Aurora

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jimmnn

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Rural/Metro Awarded 911 Ambulance Contract Renewal In Aurora, Colorado Contract Valued at Approximately $16 Million Over Two Years

SCOTTSDALE, Ariz. (June 21, 2005) - Rural/Metro Corporation (Nasdaq/SC: RURL), a leading provider of medical transportation and private fire protection services, announced today it has been awarded an exclusive renewal contract to continue providing emergency ambulance services in the City of Aurora, Colorado.

The two-year contract is valued at approximately $16 million over its term, which begins July 1, 2005. The contract was awarded Monday night on a unanimous vote of the Aurora City Council.

Jack Brucker, President and Chief Executive Officer, said, "We are very pleased to continue serving the City of Aurora as their exclusive medical transportation partner. This contract represents a public-private partnership that is consistent with our business strategy to deliver the highest quality services to our patients while also bringing value to our customers."

Rural/Metro began serving the City of Aurora in 1998 and today provides emergency and non-emergency medical transportation services throughout this 144-square mile community. Located in the east Denver metro area, Aurora is Colorado's third-largest city with a population of more than 300,000.

Rural/Metro employs 170 EMS professionals in the region who respond to more than 40,000 calls for service each year.

Boo Heffner, President of the company's West Emergency Response Group, said, "We are proud to be a partner in Aurora's emergency response system and to provide the best pre-hospital care available. We value our partnership with the city and the Aurora Fire Department as we work together to achieve clinical excellence and to enhance our system for the future."

Rural/Metro provides medical transportation services throughout the region, including contracts with The Medical Center of Aurora, University of Colorado Hospital, Rose Medical Center, Centennial Medical Plaza, Spalding Rehabilitation Hospital, Swedish Medical Center, Buckley Air Force Base, PacifiCare, AirLife, and the Denver Health and Hospital Authority. Rural/Metro also provides back-up service to several area ambulance providers, including the city of Denver.

Rural/Metro Corporation provides emergency and non-emergency medical transportation, fire protection, and other safety services in 22 states and approximately 365 communities throughout the United States. For more information, visit the company's web site at www.ruralmetro.com.
 

eyes00only

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Re: Rural/Metro Awarded 911 Ambulance Contract Renewal In Au

jimmnn said:
Rural/Metro Awarded 911 Ambulance Contract Renewal In Aurora, Colorado Contract Valued at Approximately $16 Million Over Two Years

That's a lot of bucks for only two years!

Jerry
 

Todd-NG

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Re: Rural/Metro Awarded 911 Ambulance Contract Renewal In Au

eyes00only said:
jimmnn said:
Rural/Metro Awarded 911 Ambulance Contract Renewal In Aurora, Colorado Contract Valued at Approximately $16 Million Over Two Years

That's a lot of bucks for only two years!

Jerry

Jerry,

Keep in mind that the $16 million is not paid by the City of Aurora but is an estimate of what they expect to bill patients that are transported by the ambulance. Remember that just like hospitals, ambulance services bill outrageous prices to our insurance companies. Things like $5.00 for a band-aid and so on.
 

jimmnn

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Re: Rural/Metro Awarded 911 Ambulance Contract Renewal In Au

eyes00only said:
jimmnn said:
Rural/Metro Awarded 911 Ambulance Contract Renewal In Aurora, Colorado Contract Valued at Approximately $16 Million Over Two Years

That's a lot of bucks for only two years!

Jerry

Remember also if you are not aware Jerry that Aurora pays zero to RM, that is an estimate of the monies they will redeam by transporting patients and billing them.

Jim< :wink:
 

MNRotrMedic

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"Things like $5.00 for a band-aid and so on."

Correction. . .
It's $.10 for the band-aid and $4.90 for labor. :twisted: :lol:
 

WX5JCH

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darn, when I was a EMT we charged $15.00 for the run to the hospital flat rate... they got what they paid for... :)
 

rcborg

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amr contract

I just lost my ambulance coverage for non emerg, every yr they remove items until they pay nothing, and since I am confined to a wheelchair so when they transport to the er I have no way home, don't even have my chair. Guess I'll be going to debt prison
 

rick521

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Matt_45 said:
"Things like $5.00 for a band-aid and so on."

Correction. . .
It's $.10 for the band-aid and $4.90 for labor. :twisted: :lol:

If a band-aid costs $5.00 for ground transportation, what does it cost when it comes with a helicopter?
 

BobWeb

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rick521 said:
If a band-aid costs $5.00 for ground transportation, what does it cost when it comes with a helicopter?

Funny you should mention that, I recently read an article that reported a huge increase in helicopter rescue companies and that, sometimes, rival helicopter companies monitor the radio and show up on scene unrequested. It also said that helicopters were often called even though the situation didn't really warrant it. Apparently, this business is quite profitable. Sad to see rescue sink to this.
 

Scan-Denver

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rick521 said:
If a band-aid costs $5.00 for ground transportation, what does it cost when it comes with a helicopter?


With fuel prices on the rise for regular vehicles, I can just imagine what aircraft fuel costs - I don't think you wanna know Rick !! :wink:
 

John_M

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Rural/Metro has the contact for my area also. Sounds like a good business to get into (Constant flow of customers), just like the hospitals. The biggest thing I have against the hospitals is the billing.
You go to the hospital, get treated and go home. Six months later you receive a bill from the hospital. Albert Einstein couldn't make heads or tails of the bill. You don't get an itemized bill, the bill is so confusing that you call the billing department and ask them to explain the bill. If you get a nice person from billing she may just be able to explain the bill. If you get a person who is in a bad mood she may just think that you want to get out of paying the bill. No, just explain the bill to me. You can always ask for an itemized bill, that will delay your paying the bill for about another three months.

I was in the hospital five years ago. This past May I received
a check for $220 for an over payment from the hospital. I hadn't been to that hospital in five years. Now, what does that tell you about hospital billing?

Just some advice: 1. Make sure all your doctors have your up to date insurance.
2. Ask your doctor to prescribe you generic drugs.
Usually they will. This could save you lots of money compared to the newer drugs. The generic drugs work just as well.

Okay I'm off on a rant here I'll stop now.
 
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