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Private Equity Now Buying Up Primary Care Practices

Private Equity Now Buying Up Primary Care Practices
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Ban on surprise medical bills could reshape U S air ambulance industry

features Ban on surprise medical bills could reshape U.S. air ambulance industry New legislation to end surprise medical billing could spell far-reaching changes for the U.S. air ambulance industry. By Elan Head | January 19, 2021 Estimated reading time 18 minutes, 4 seconds. New legislation to end surprise medical billing could spell far-reaching changes for the U.S. air ambulance industry, slashing profits associated with exorbitant balance bills and laying the groundwork for future reimbursement policies that incentivize safety and quality. Several sections in the No Surprises Act focus specifically on air ambulances, making it potentially the most consequential legislation for the U.S. air ambulance industry since the Balanced Budget Act of 1997. Skip Robinson Photo

Congress poised to pass major bipartisan healthcare reform

Congress poised to pass major bipartisan healthcare reform Cassidy Morrison © Provided by Washington Examiner Congress is set to ban surprise billing practices after being stymied for years by million-dollar opposition campaigns by special interest groups, a goal of members of both parties that eluded them throughout much of the Trump era. “Surprise” billing, or “balance” billing, is when a patient receives a bill for healthcare services from an out-of-network provider, even at an in-network hospital. The charges can be financially devastating and come most often from providers that patients don’t choose when getting care, such as anesthesiologists, emergency room doctors, and ambulances.

A Surprise Ending for Surprise Billing?

A Surprise Ending for Surprise Billing? Compromise legislation to end the practice has private equity firms nervous. Congress appears poised to pass legislation designed to prevent surprise billing by out-of-network medical providers. Late last Friday, bipartisan, bicameral No Surprises legislation to rein in surprise medical bills was introduced, to the surprise of nearly everyone. After similar legislation was derailed almost exactly a year ago, Congress looks serious this time. The deal has the support of four powerful congressional committees: the House Energy and Commerce, Education and Labor, and Ways and Means Committees, and the Senate Health, Education, Labor and Pensions Committee.

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