CMS Unveils Air Ambulance Cost Reporting Requirements

The Biden administration is moving onto its next rule spurred by the No Surprises Act with new proposed cost reporting requirements on air ambulance services and a proposed maximum $10,000 fine for providers and plans that fail to submit the necessary data. The proposed rule comes a couple months after CMS released an interim final rule in July that provides the definition and methodologies for calculating the qualifying payment amount, or in-network rate, that must be used for determining payment...