Form 8-K Envision Healthcare Hold For: Jul 30

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Go back to Form 8-K Envision Healthcare Hold For: Jul 30

Envision Healthcare (EVHC) Tops Q2 EPS by 2c; Will Acquire Rural/Metro in $600M Deal

July 30, 2015 4:52 PM EDT

Envision Healthcare (NYSE: EVHC) reported Q2 EPS of $0.37, $0.02 better than the analyst estimate of $0.35. Revenue for the quarter came in at $1.35 billion versus the consensus estimate of $1.3 billion.

The company also has entered into a definitive agreement to acquire Rural/Metro Corporation (Rural/Metro) through its medical transportation segment American Medical Response (AMR). This pending acquisition enhances Envisions mobile integrated healthcare delivery capability, a key component of its care coordination model amongst its pre-hospital, acute care and post-acute care services.

Rural/Metro is expected to generate annualized 2015 revenue of approximately $600... More