Medical Transport

The medical transport industry includes services associated with ground, air, specialty care, and non-emergent transports. There are a few significant players in the market and more than 5,000 ambulance service providers in the United States. Larger companies have advantages of scale in contract negotiations, service capabilities, technology, and geographic coverage. In comparison, smaller companies can compete effectively in specific locales. Each market participants is faced with a highly regulated environment that requires legal contracts when working with hospitals and a keen understanding of coding guidelines.

Valuation & Transactions

Fair market value opinions are important to obtain when entering into a transaction or an arrangement with a medical transport company due to the referral relationship, including the risk of swapping. VMG Health understands the nuances associated with this sector including the details of complex medical transport agreements.

Strategy & Advisory

Aligning with and/or acquiring a medical transport company requires careful consideration and due diligence before proceeding. There are many potential benefits and risks associated with this sector, which should be weighed. VMG Health is able to assist clients by leaning on specialized experience with transactions and financial arrangements, including the negotiating of managed care contracts.

Coding & Compliance

Proper coding in the medical transport industry has been a key area of regulatory scrutiny. It is important to understand CMS requirements for reimbursement to ensure revenue integrity. VMG Health provides coding and documentation audits, as well as education and training related to coding and compliance.