Independent ASCs are declining after decades of sinking reimbursement rates and soaring operational costs have forced ASC leaders and physicians to think critically about the future of their practice’s financing. Financial stability and improved rates with payers are one of the central reasons that ASCs seek out partnerships with hospitals and health systems. However, the […]
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A bill in the West Virginia Legislature would enable optometrists to perform eye surgeries, according to a March 17 report from WTAP. Under Senate Bill 565 and House Bill 2975, optometrists would be allowed to perform posterior capsulotomy, peripheral iridotomy and selective laser trabeculoplasty procedures. Currently, only ophthalmologists are permitted to perform eye surgeries in […]
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The more than 36 leaders featured in this article spoke at Becker’s 30th Annual Meeting: The Business and Operations of ASCs, Oct. 30 to Nov. 2, 2024, at the Hyatt Regency in Chicago. If you would like to join the event as a speaker, please contact Patsy Newitt at pnewitt@beckershealthcare.com As part of an ongoing […]
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In healthcare’s dynamic regulatory and economic environment, leaders of gastroenterology-focused ASCs are keeping close tabs on industry developments. Here are five notes on ASCs and gastroenterology right now: 1. Gastroenterologists are facing increasing financial strain as reimbursement rates continue to decline. A study published in The American Journal of Gastroenterology found that between 2007 and […]
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The majority of ASCs specialize in a single specialty, with gastroenterology leading the way, according to a March 13 MedPAC report to Congress. Here’s a breakdown of ASC specialties, as of 2023: Editor’s note: A single-specialty ASC is defined as one with more than 67% of its Medicare claims in one clinical specialty. A multispecialty […]
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New tariffs levied against major U.S. trade partners including Mexico, Canada, China and the EU are affecting nearly all industries and consumers nationwide, and the medical device industry is no exception. President Donald Trump’s tariff plan was expected to affect the prices of approximately 75% of medical devices marketed in the U.S., according to a […]
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An $84 million medical project, including a new ASC being constructed by Froedtert ThedaCare in Oshkosh, Wis., is set to open at the end of the year, according to a March 17 report from Oshkosh Northwestern. Ground was broken in March 2024 on the 114,000-square-foot facility, which will house a hospital with emergency care, inpatient […]
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Charlotte, N.C.-based Atrium Health has submitted a proposal to the state requesting the relocation of operating rooms from Gateway Surgery Center in Concord, N.C., to Atrium Health Cabarrus, also in Concord, according to a March 17 report from The Charlotte Observer. The relocation is part of a $9.2 million project aiming to bring additional surgical […]
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Nearly 42% of adults in the U.S. are considered obese, according to a March 17 report from personal finance website WalletHub. Obesity-related medical treatments now cost the U.S. an estimated $190.2 billion annually. WalletHub looked at 100 of the most populated U.S. metro areas across 19 metrics to determine the 100 most overweight cities in […]
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Approximately 1 in 26 women will be diagnosed with colorectal cancer in their lifetime. Despite this, many women may mistake early warning signs of CRC for menopause-related issues or other digestive conditions. In a recent news release, New Brunswick, N.J.-based RWJBarnabas Health highlighted the importance of early CRC screening for women. Here are five takeaways […]
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