GMR’s Financial Outlook Revised to Positive by Moody’s and S&P: A Testament to Leadership and Innovation
12.3.2024
Acknowledgment reflects GMR’s operational strength and dedication to life-saving care.
Today, the nation’s leader in emergency medical services proudly announces that both Moody’s Investors Service and S&P Global Ratings have affirmed their confidence in Global Medical Response (GMR) by revising its financial outlook to "Positive." This recognition underscores GMR’s leadership in the industry and its ability to deliver life-saving care to communities nationwide.
“A positive outlook takes into account the health of our organization as well as our financial metrics. It’s a vote of confidence in GMR’s mission and our ability to treat patients where and when it’s needed most,” said GMR President and Chief Executive Officer Nick Loporcaro.
This foundation enables GMR to continue raising the bar in emergency medical services. Both Moody’s and S&P emphasized GMR’s strong financial performance, growth in high-acuity medical services, and strategic focus on core operations. Key factors influencing the positive outlook include:
Additionally, GMR tackled the national EMS caregiver shortage through its groundbreaking Earn While You Learn training initiative, creating a new pipeline of skilled responders. Loporcaro adds, “We are also especially proud that in 2024, 33 of our first responders were honored with the prestigious Stars of Life Award from the American Ambulance Association, recognizing their exceptional contributions to the EMS industry.”
By solidifying its position as a leader in healthcare, the organization is fostering a stable and sustainable future. With a strong outlook and a commitment to excellence, GMR remains steadfast in its mission to deliver life-saving care wherever and whenever it’s needed most to benefit patients, caregivers, and communities alike.
“A positive outlook takes into account the health of our organization as well as our financial metrics. It’s a vote of confidence in GMR’s mission and our ability to treat patients where and when it’s needed most,” said GMR President and Chief Executive Officer Nick Loporcaro.
This foundation enables GMR to continue raising the bar in emergency medical services. Both Moody’s and S&P emphasized GMR’s strong financial performance, growth in high-acuity medical services, and strategic focus on core operations. Key factors influencing the positive outlook include:
- Strength in Patient-Centered Services: GMR’s leadership in emergency air and ground medical transportation reinforces its role as a critical part of the American safety net and provider of high-quality healthcare.
- Operational Excellence: Streamlined operations, enhanced in-network payer agreements, and a commitment to financial sustainability continue to drive success.
- Strong Liquidity and Stability: With significant resources at its disposal, GMR is well-positioned to navigate challenges and invest in advanced technologies and services that benefit patients and caregivers.
Additionally, GMR tackled the national EMS caregiver shortage through its groundbreaking Earn While You Learn training initiative, creating a new pipeline of skilled responders. Loporcaro adds, “We are also especially proud that in 2024, 33 of our first responders were honored with the prestigious Stars of Life Award from the American Ambulance Association, recognizing their exceptional contributions to the EMS industry.”
By solidifying its position as a leader in healthcare, the organization is fostering a stable and sustainable future. With a strong outlook and a commitment to excellence, GMR remains steadfast in its mission to deliver life-saving care wherever and whenever it’s needed most to benefit patients, caregivers, and communities alike.
