Bain Capital (Boston) is expected to purchase Air Medical Holdings (parent company that operates through Air Evac Lifeteam, Med-Trans Corporation and EagleMed.) for almsot $1 billion dollars.
Mercy Flight (Medford, OR) has been fined $30,000 by the FAA for unclear languange on their website with regard to ownership of the Part 135 certificate.
In the recent weeks, two high-visibility articles have been published in the national media that are critical of the air medical industry and the overall approach to safety.