Air Methods continues to make news with concerned investors.

Seeking Alpha, a platform for investment research, last week released an article with sharp criticism of Air Methods’ business model.

Here is a summary of the article:

• Air Methods’ business model is non-sustainable, with 43% downside risk.
• Air Methods’ business model is dependent on raising prices.
• Payors are pushing back against bills. Air Methods account receivables are growing twice as fast as competitors.
• Air Methods’ fair value is estimated at $22/share.

$52,000 Per Flight Not Enough for Air Methods

Is $52,000 per flight enough to save Air Methods’ business model?