Air Methods Provides Update on 2nd Quarter Results

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Go back to Air Methods Provides Update on 2nd Quarter Results

Air Methods (AIRM) Prelim. Q2 EPS Misses Expectations

July 23, 2015 4:26 PM EDT

Air Methods (NASDAQ: AIRM) provided an update on second quarter results. While community-based patient transports for the second quarter 2015 increased 7.4% to approximately 16,105 from the prior-year quarter, patients transported for community bases in operation greater than one year decreased an estimated 318 transports, or 2.2%. Weather cancellations for these same bases increased by an estimated 1,250 transports compared with the prior-year quarter.

Preliminary net revenue per community-based transport for the second quarter 2015 declined slightly to $11,298, as compared with $11,353 in the prior-year quarter. Net revenue per transport did... More