Category: ASC News

What ASCs, physicians stand to lose when the national emergency ends

President Joe Biden said Feb. 18 he will extend the national emergency, first declared March 13, 2020, as a result of the COVID-19 pandemic beyond April 14. 

South Carolina hospital moves vaccine clinic to outpatient surgery center

West Columbia, S.C.-based Lexington Medical Center is moving its COVID-19 vaccine clinic, Lexington County Chronicle reported Feb. 25.

3 ASCs totaling more than $53M facing opposition

The ASC industry is projected to boom in the coming years as CMS, commercial payers and patients push procedures out of hospitals to the ambulatory environment, where they can be performed at a lower cost.

ASCs have $934K cash on hand: 12 regional statistics

ASCs need cash reserves on hand to survive in the event of sudden market changes, natural disasters or another pandemic.

Top ASCs make more than 40% profit

Some ASCs are simply more profitable than others, and the reasons vary, from the surgical specialties offered to the location and more. 

Noncompete agreements: What physicians should know in 2022

Noncompete agreements prohibit physicians for a certain period of time from joining a competing practice or setting up their own within a particular geographic distance from their previous practice. But regulations vary from state to state and a recent…

Average ASC operating room cases jump 73%: 10 stats

The number of daily cases performed in an ASC operating room has jumped from three to 5.2 since 2011, according to VMG Health’s “Multi-Specialty ASC Benchmarking Study” for 2022.

Hospital vs. health system in $15.3M ASC battle

Myrtle Beach, S.C.-based Grand Strand Medical Center has asked a state court to block a rival health system’s plans for a $15.3 million ASC in Carolina Forest, where the hospital says it is a major medical provider, The Post and Courier reported Feb. 25.

Next generation of physicians demanding more of hospitals

Physicians in residency across the U.S. are standing up to hospitals across the U.S., demanding better pay.

The No. 1 ASC in 25 states

UCLA Health’s Ambulatory Surgery Center Westwood in Los Angeles was ranked the top ASC in the country by Newsweek and global research firm Statista.