Category: ASC News

As ASC industry booms, hospitals look to outpatient models

It’s no secret that orthopedic care is one of many specialties migrating to the outpatient setting, and hospitals and health systems are making several strategic shifts to keep up with this trend.

ASCs battle the ‘rising cost of everything’

For many ASC leaders, the biggest obstacle to care is skyrocketing costs driven by supply and labor shortages, as well as a 40-year inflation apex of 8.5 percent.

5 firsts for ASCs

Here are five ASCs Becker’s has reported on since April 28 that have made waves by achieving respective firsts:

ASCs ‘insulated’ Tenet’s bottom line as hospitals continue to battle high labor costs

Dallas-based United Surgical Partners International, Tenet Healthcare’s surgery center business, has helped protect the company from the rising labor costs that continue to eat into the bottom line of many hospitals and health systems across the country.

Las Vegas ASC performs nation’s 1st tendon repair with CoNextions device

Las Vegas-based Sunset Ridge Surgery Center surgeon Colby Young, MD, performed the first procedure with the CoNextions TR Tendon Repair System on May 11.

All the ways ASCs can drive down healthcare costs

The migration of complex cases to ASCs can save employers, patients and payers money, Naya Kehayes, principal and ASC practice leader at ECG Management Consultants, said during the California Ambulatory Surgery Association’s ASC Summit. 

ASC market expected to reach $110B by 2027

The ASC market is expected to grow at a compound annual growth rate of 5.1 percent between 2022 and 2027, reaching a market value of $110.4 billion, IndustryARC reported May 6. 

How outpatient joint replacement benefits patients, per Mayo physicians

As ASCs become more specialized and accessible, many surgeons, anesthesiologists and advanced practice providers see advantages of outpatient surgery for both themselves and their patients, reports Mayo Clinic.

Ohio physician charged in $8.4M Medicare fraud 

Ohio physician Ankita Singh, MD, was charged with fraudulently billing Medicare $8.4 million for unnecessary supplies and equipment, the U.S. Justice Department said May 12. 

Most, least desirable states to open ASCs

Texas is potentially the best state to open an ASC, while New Jersey and other states fall short.