Investors Warn Senate Surprise Billing Fix Could Hurt Air Ambulance Industry

The Senate health committee’s proposal to end air ambulance surprise billing could lead to lower private reimbursement rates for air ambulance providers, and a decrease in private pay rates without an increase in government pay rates could threaten the entire industry, Moody's Investors Service warns. In a Nov. 25 report to investors , Moody’s Investors Service said that the use of a median in-network rate for air ambulance transport would lower overall payments because most air ambulance carriers do not...