A lot of things need to be in place for an ambulance to respond to a call for service. Equipment needs to be purchased and prepared for use, staff need to be hired, trained, uniformed and credentialed, medications need to be stocked, medical equipment of various shapes, sizes and types put in their place and everything secured safely and appropriately for transport. Once you have a fully stocked, inspected ambulance that is insured and full of fuel you are ready to respond to a call.
Do you know your cost of readiness, and how to allocate those costs properly? The next Ambulance Cost Education (ACE) webinar on April 11, How to Allocate Your Cost of Readiness, will help you answer that question confidently.
A few categories that may come to mind when you start thinking about what really goes into your overall cost of readiness might be your physical stations as well as the ambulances, the cost of training employees (clinical and administrative), equipment (durable and disposable), medical oversight via medical director or quality assurance contracts, information technology (IT) infrastructure and maybe even the cost of building community relationships. While we could break down and work to justify how every dollar spent within a service ultimately supports the ability to respond to a call for service, not all of those costs will be allowable when it comes to cost data collection. The ACE Faculty will lead you through considering which costs contribute to your services ability to respond to a call and in which bucket to put those costs while keeping allowable and non-allowable costs in mind. If you missed out on the Allowable & Non-Allowable costs webinar from earlier this year, catch up on the topic by viewing it on-demand.
This webinar is ideal for anyone responsible for finances within your organization. As with all of the tightly-focused Ambulance Cost Education webinars, this topic is another essential building block to help your service get ready for the federally mandated changes coming soon. The more we prepare ourselves and work with our partners and neighbors to share information, the more accurate picture the cost data collection process will paint of the EMS Industry. Hopefully, if we can paint an accurate picture, organizations like CMS will better understand our value to the healthcare system and we can march forward on the path to increased reimbursement and sustainable funding.
While you don’t have to be a member of the AAA to participate in the webinar or receive the free cost collection newsletter, association members enjoy deep discounts on webinars and Ambulance Cost Education subscription packages.
For more information on ambulance cost data collection and all the American Ambulance Association is doing to help services across the country prepare, visit www.ambulancereports.org. You will find both free resources and paid subscriptions are available to fit your budget and help your service prepare for the future of EMS.