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