SEC Filings

ENVISION HEALTHCARE CORP filed this Form 8-K on 11/13/2017
Entire Document

Slide 3

Key Developments Since merger Portfolio Management Announced divestiture of AMR, with ~$1.9bn in expected net proceeds to reduce net debt Terminated unprofitable population health services Invested over $690mm in acquisitions year-to-date 2017 Market Development 120+ new organic contracts – significantly ahead of year-to-date Q3 target – increased related incremental startup costs in Q4 70%+ of new contracts are expansions of existing health system relationships Operational Enhancement Recruitment and promotions of new senior leadership Converted 40% of previously out-of-network revenue to in-network status year-to-date with expected revenue-neutral impact On target to achieve $35mm of run-rate 2017 cost synergies from merger Net cash flow from operations, less distributions to non-controlling interests and excluding transaction costs, of $453mm in the first nine months of 2017 Challenges / Extraordinary Items Macro utilization pressure on emergency department volume $22mm of temporary market disruption from natural disasters has been eliminated from 2017 Adjusted EBITDA Guidance to normalize 2017 þ þ þ