AdaptHealth Corp. (NASDAQ:AHCO) Q4 2023 Earnings Call Transcript

Joanna Gajuk: Thank you. Thanks so much for taking the question.

Jason Clemens: Thanks, Joanna.

Operator: Thank you. We do have a follow-up from Eric Coldwell with Baird. Your line is open.

Eric Coldwell: Thanks. I wanted to go back to the reimbursement and regulatory environment. In the recent past, CMS has issued a few private final rules that help rein in Medicare Advantage and Managed Medicaid programs for things like improper denials, unnecessary or improper prior authorizations. Also, CMS is forcing these plans to cover everything covered under fee-for-service, provide faster appeals resolution, and also more transparency. I mean, it would seem like those would all be good guys for adapting the [indiscernible] in payer behavior since this came out and what are you expecting? Thank you.

Richard Barasch: None that we haven’t seen nothing so far, but your intuition that this is all positive for us is, I think, correct.

Eric Coldwell: Have you incorporated any forecasting of a potential lift or benefit in your guidance? Yes. So anything that happens would be upside potential.

Richard Barasch: That’s right.

Eric Coldwell: Okay.

Richard Barasch: Yes. You got it.

Eric Coldwell: Great. Thanks very much.

Jason Clemens: Thanks, Eric.

Operator: Thank you. And we have no further questions in the queue at this time. I would now like to thank everyone for joining today’s call. You may now disconnect your line at any time.