Ambulance Services

Navigating Ambulance Transport Arrangements and Transactions

Over the years, HealthCare Appraisers has analyzed numerous medical transport arrangements. While it is hard to miss the warning sounds of an approaching ambulance, the fair market value (“FMV”) considerations involved in both medical transport arrangements, as well as the sale of an ambulance and/or medical transport entity, are often overlooked. The discussion herein highlights

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New California Law Offers Fresh Protection from Steep Ambulance Bills

In California, nearly three-quarters of emergency ground ambulance rides result in out-of-network bills. The average surprise bill for a ground ambulance ride in California is $1,209, the highest in the nation, according to a December study. The new law, which applies to about 14 million Californians enrolled in state-regulated commercial health plans, limits how much

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Medical Helicopter Company Air Methods Files for Bankruptcy

Air Methods, a private equity-owned medical helicopter company, filed for bankruptcy protection on Tuesday with a plan to cut $1.7 billion in debt. Air Methods’ business had suffered recently due to rising interest rates, higher labor costs and a recent U.S. ban on “surprise” medical bills, according to court filings in Houston, Texas, bankruptcy court.

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