There have been a lot of developments when it comes to the air ambulance industry in recent times. The most predominant of these changes has been the attempt by the Federal Government of the United States to bring down the surprise billing practices. While the attempt is sure to help the patients, enabling them to use air ambulance services without the worry of payments, there are several issues that will bother the industry in the coming days. With insurance coverage being felt inadequate, the margins of the industry are going to dwindle down drastically. How can the industry adapt? This is the question we try to answer.
Air Ambulance Companies Need the Right Perspective
Most of the air ambulance services in the United States are funded by private equity and the organizations are obviously for-profit. A drastic dip in revenues can mean that a lot of the players will start looking at an exit strategy. However, this can impact the nation adversely as it directly affects the coverage, especially for rural America where healthcare infrastructure is less than adequate. This inadequacy necessitates air ambulance services during emergencies. If air ambulance companies shut down, it could be a fatal problem for this population.
The Need to Work Cohesively by Industry Players
It is time that the major players in the air ambulance industry look at cutting down the costs. One effective way of achieving this is a collaboration between companies. This will necessitate fewer resources as they can be shared. Consequently, the cost burden will be significantly reduced. It is also a time to look at acquiring smaller players who were anyway reeling under competitive pressure. Also, lesser competition means that each player will have a greater piece of the market pie. Profits will, therefore, remain optimum as the economy of scale will kick in.
Countries like the United Kingdom and India are already reeling under the second wave of COVID-19 infections. Nations like Australia and New Zealand are making it tough for people to enter their countries, protecting themselves against a potential spike in virus cases. Whatever said and done, it seems increasingly inevitable that the world, including the United States, will see the second wave of the pandemic. Instead of denying this fact, prudence lies in preparing for it. Air ambulance services are again going to be a big part of tackling this problem.
The Air Ambulance Industry is Better Prepared
The world knows a lot about protecting itself against the Coronavirus today. From the perspective of air ambulance services, the industry as a whole has adopted a sanitization protocol to protect the frontline workers like paramedics and pilots, apart from the patients. In the days to come, the heartlands of the United States are again going to need air ambulance services to get adequate treatment. In this context, it must be noted that the infection hits the older generation the hardest. Much of the rural population in the United States falls under this category.
Children May Be More Vulnerable in the Next Wave
There are at least three new variants of the virus present in the world today. Sadly, it has been witnessed that, in rare cases, even the vaccinated individuals are contracting the virus. Moreover, people do not fear the virus today as much as they did earlier. This has resulted in lax self-sanitization measures. All this could snowball into a huge spike and the air ambulance industry needs to be prepared in case the caseload is very high, especially in the rural United States where the number of hospital beds is still considered inadequate to handle a huge spike in numbers.
The air ambulance industry saw quite a few developments in the recent past. From making the services affordable to ushering in new technology, the space was rife with exciting developments. We take a look at a few of the advances that caught our attention. Read on, to keep up with the latest happenings in the air ambulance industry.
Cost-Effectiveness Becomes the New Mantra of the Air Ambulance Industry
More and more states are allowing air ambulance memberships now. With the pressure on the air ambulance industry to contain costs and the new curbs on surprise billing around the corner, many service providers are now offering membership programs at a very reasonable price. It will be no surprise if the service providers soon start offering privileged services through membership programs to stay competitive and gain customer loyalty.
Norwegian Air Ambulance Acquires New Technology
Technology has been at the forefront of the air ambulance industry. Keeping with the trend, Norway’s national air ambulance service has acquired IV fluid and blood warming devices. The new facility will increase the chances of patient survival and recovery. The device will allow the fluids to be warmed to body temperature before infusion. In essence, people will now be able to get better care en route to hospitals. The national air ambulance of Norway will have this equipment fitted to all its choppers and fixed-wing aircraft.
Military and Air Ambulance Industry May Work Together to Fight COVID-19
Militaries across the globe have a sizeable lineup of helicopters. The air ambulance industry is well equipped to turn them into make-shift medical flights with no structural modifications. An example of this was seen recently in Austria where a military chopper was fitted with a medical kit and a COVID-19 patient was transported using its services. Governments around the world can take a leaf from this effort to fight the pandemic more effectively.
The citizens of the United Kingdom are the forerunners when it comes to raising funds for charitable causes that involve air ambulance services. Rightly so, because the country’s air ambulance services are mostly charity-based and do not get full funding from corporate houses or the government. They mainly depend on the community that they serve to keep them flying. However, the pandemic has made it rather tough to raise funds through public events. Thankfully, people have been sensitive to this issue and have been trying their best to support their local air ambulance services.
A Chocolate Air Ambulance
Shaped like a helicopter, a whopping 220 lb chocolate that stands at about 7 feet high and 9 feet long is the latest charity effort in the United Kingdom that is making waves. Reinforced with a customized steel frame, it is not just a charity effort but a crowd-puller. Created entirely out of public donations, the hope is that people will not only pay to see this wonder but also pay to eat a small chunk of it. The money raised like this would go to the air ambulance charity. The feat has been made possible by Jan Hansen who is from Folkingham, Lincolnshire.
The Reason Behind Creating the Edible Chopper
The astounding chocolate chopper was the fund-raising choice to create awe among people and grab their attention. Mr. Hansen did reveal that he had his doubts midway as he was creating this edible wonder. However, the local charity-based air ambulance services that he often sees flying high were the inspiration for him to keep going. The chocolate chopper is currently on display right behind Mr. Hansen’s shop. He also revealed that he was well aware of the struggles being faced by the local air ambulance charities due to the COVID-19 pandemic and decided to lend a helping hand.