A Medical Play Gains Altitude

Know anything about aeromedics? Think of ambulances in the sky or flying emergency-care clinics. That's what Air Methods provides via its 30 helicopters and 12 airplanes--equipped with sophisticated emergency-care equipment and medical personnel--to 54 hospitals in 14 states. Hospitals use Air Method's services to transport patients from an accident scene or other hospitals. Its stock soared, from 33/4 a share in early May to 12 on Nov. 10. Does that mean its flight is over?

To continue reading this article you must be a Bloomberg Professional Service Subscriber.