MVP News
Med–Trans Corporation Partners with UT Lifestar Air Medical Program
4/5/2007
DALLAS, TX - Med-Trans Corporation (Med-Trans) announced today that the University of Tennessee Medical Center, based in Knoxville, Tennessee, has selected Med-Trans to assume operations of its UT Lifestar air medical service. Under the proposed arrangement, Med-Trans will acquire the program’s two Bell 430 and one Bell 206 L4 helicopters, as well as other selected assets, and enter into a long-term agreement to provide aviation services for the program. The partnership is expected to become effective later this month. Additionally, UT Lifestar announced that it will be expanding its service to Eastern Tennessee and Southeastern Kentucky with a fifth location to be added this summer.
The University of Tennessee Medical Center will continue to provide the same medical direction, medical staffing and program management to UT Lifestar that it has provided since the program’s founding in 1984. UT Lifestar’s 66 employees currently serve communities across the Eastern Tennessee, Southeastern Kentucky and Western North Carolina region from base locations in Knoxville, Morristown, Sevier County and Sweetwater.
Norman Majors, Senior Vice President and Chief Administrative Officer of University Health System, Inc., the operator of the University of Tennessee Medical Center, stated: "This new partnership between the University of Tennessee Medical Center and Med-Trans will serve both the citizens of the region and the UT Lifestar program well. Our patients and healthcare partners will continue to see the same UT Lifestar crews they have come to depend on over the years for clinical excellence, operating under the same protocols and medical direction of the University of Tennessee Medical Center. Additionally, our partnership with a top-quality and growth-oriented air medical provider such as Med-Trans facilitates significant aviation-related resources that will enable UT Lifestar to flourish in the years to come."
Jeff Gregory, Director of Aeromedical Services, stated: "Maintaining the staff and program management of UT Lifestar was important to us. We expect the clinical care and transport services of UT Lifestar to remain the same given the continuity in services and staff. At the same time, we look forward to the potential this partnership represents for growth and expansion."
"Med-Trans offered the University of Tennessee Medical Center a unique, creative and customized solution for UT Lifestar that generated a positive outcome for all constituencies," said Tom Fisher, Senior Vice President and Chief Financial Officer of University Health System, Inc. "We look forward to working with Med-Trans and believe that their customer service orientation, significant capital resources, expertise in structuring productive relationships with leading for-profit and non-for-profit healthcare providers, and high-quality reputation make them the right partner for the medical center."
Fred Buttrell, President and Chief Executive Officer of Med-Trans Corporation, said UT Lifestar has done an extraordinary job of building hospital relationships and servicing systems and communities. "UT Lifestar is known as one of the premier flight programs in the air medical industry, and we intend on continuing that success under the alternative delivery model, which builds on the best capabilities of the hospital and the aviation operator to deliver a top-quality service. Med-Trans has successfully partnered with leading healthcare providers under alternative delivery models since 1995, including through our Wings program with Mountain States Health Alliance, whose contiguous operations in Johnson City, Morristown and Jenkins (Kentucky) to UT Lifestar will serve as the basis for a strong working relationship and geographic coverage for the residents of Eastern Tennessee, Southeastern Kentucky and Western Virginia and North Carolina."
The University of Tennessee Medical Center is a 581-bed, not-for-profit academic medical center, which serves as a referral center for Eastern Tennessee, Southeast Kentucky and Western North Carolina. The medical center is the region’s only Level I Trauma Center and is one of the largest employers in Knoxville, Tennessee.
Med-Trans Corporation, headquartered in Dallas, Texas, is a leading provider of air ambulance programs in selected locations throughout the United States, focused on establishing partnerships with leading hospital systems, medical centers and EMS agencies to provide customized air medical programs through specialized delivery formats, including alternative delivery models, community based models or traditional hospital-based models. The company’s fleet of 17 helicopters delivers teams of highly trained medical and flight professionals to patients requiring emergency medical care and transports the patient to the appropriate medical facility. Med-Trans has grown from four to 14 programs over five years, currently operating in nine states: Arizona, California, Colorado, Kentucky, North Dakota, South Dakota, South Carolina, Tennessee and Texas. Med-Trans is a subsidiary of Air Medical Group Holdings, the largest independent air medical provider in the United States, and a portfolio company of Brockway Moran & Partners and MVP Capital Partners.
4/5/2007
DALLAS, TX - Med-Trans Corporation (Med-Trans) announced today that the University of Tennessee Medical Center, based in Knoxville, Tennessee, has selected Med-Trans to assume operations of its UT Lifestar air medical service. Under the proposed arrangement, Med-Trans will acquire the program’s two Bell 430 and one Bell 206 L4 helicopters, as well as other selected assets, and enter into a long-term agreement to provide aviation services for the program. The partnership is expected to become effective later this month. Additionally, UT Lifestar announced that it will be expanding its service to Eastern Tennessee and Southeastern Kentucky with a fifth location to be added this summer.
The University of Tennessee Medical Center will continue to provide the same medical direction, medical staffing and program management to UT Lifestar that it has provided since the program’s founding in 1984. UT Lifestar’s 66 employees currently serve communities across the Eastern Tennessee, Southeastern Kentucky and Western North Carolina region from base locations in Knoxville, Morristown, Sevier County and Sweetwater.
Norman Majors, Senior Vice President and Chief Administrative Officer of University Health System, Inc., the operator of the University of Tennessee Medical Center, stated: "This new partnership between the University of Tennessee Medical Center and Med-Trans will serve both the citizens of the region and the UT Lifestar program well. Our patients and healthcare partners will continue to see the same UT Lifestar crews they have come to depend on over the years for clinical excellence, operating under the same protocols and medical direction of the University of Tennessee Medical Center. Additionally, our partnership with a top-quality and growth-oriented air medical provider such as Med-Trans facilitates significant aviation-related resources that will enable UT Lifestar to flourish in the years to come."
Jeff Gregory, Director of Aeromedical Services, stated: "Maintaining the staff and program management of UT Lifestar was important to us. We expect the clinical care and transport services of UT Lifestar to remain the same given the continuity in services and staff. At the same time, we look forward to the potential this partnership represents for growth and expansion."
"Med-Trans offered the University of Tennessee Medical Center a unique, creative and customized solution for UT Lifestar that generated a positive outcome for all constituencies," said Tom Fisher, Senior Vice President and Chief Financial Officer of University Health System, Inc. "We look forward to working with Med-Trans and believe that their customer service orientation, significant capital resources, expertise in structuring productive relationships with leading for-profit and non-for-profit healthcare providers, and high-quality reputation make them the right partner for the medical center."
Fred Buttrell, President and Chief Executive Officer of Med-Trans Corporation, said UT Lifestar has done an extraordinary job of building hospital relationships and servicing systems and communities. "UT Lifestar is known as one of the premier flight programs in the air medical industry, and we intend on continuing that success under the alternative delivery model, which builds on the best capabilities of the hospital and the aviation operator to deliver a top-quality service. Med-Trans has successfully partnered with leading healthcare providers under alternative delivery models since 1995, including through our Wings program with Mountain States Health Alliance, whose contiguous operations in Johnson City, Morristown and Jenkins (Kentucky) to UT Lifestar will serve as the basis for a strong working relationship and geographic coverage for the residents of Eastern Tennessee, Southeastern Kentucky and Western Virginia and North Carolina."
The University of Tennessee Medical Center is a 581-bed, not-for-profit academic medical center, which serves as a referral center for Eastern Tennessee, Southeast Kentucky and Western North Carolina. The medical center is the region’s only Level I Trauma Center and is one of the largest employers in Knoxville, Tennessee.
Med-Trans Corporation, headquartered in Dallas, Texas, is a leading provider of air ambulance programs in selected locations throughout the United States, focused on establishing partnerships with leading hospital systems, medical centers and EMS agencies to provide customized air medical programs through specialized delivery formats, including alternative delivery models, community based models or traditional hospital-based models. The company’s fleet of 17 helicopters delivers teams of highly trained medical and flight professionals to patients requiring emergency medical care and transports the patient to the appropriate medical facility. Med-Trans has grown from four to 14 programs over five years, currently operating in nine states: Arizona, California, Colorado, Kentucky, North Dakota, South Dakota, South Carolina, Tennessee and Texas. Med-Trans is a subsidiary of Air Medical Group Holdings, the largest independent air medical provider in the United States, and a portfolio company of Brockway Moran & Partners and MVP Capital Partners.