Balance billing occurs when patients are billed for the costs not covered by their insurer. In late 2019, Congress approved plans to end surprise medical billing. Investors performing due diligence needed a better understanding of this legislation before investing in a medical evacuation (medivac) firm.
The GLG Solution
GLG connected investors with key executives in the medivac space along with a former state assemblyman and regulator. Over the course of 48 hours, we held eight in-depth calls with these executives. GLG also facilitated an in-person roundtable with attorneys familiar with the legislation so investors could gain deeper insight.
The insights gained from GLG helped investors make a sound decision by giving them a comprehensive understanding of the legislation and how it would impact medivac firms.
In-person roundtable with attorneys familiar with balance billing legislation
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