Category: Becker’s ASC Review

Management company seeks majority ownership in Connecticut ASC

Uniondale, N.Y.-based Health Plus Ortho Management is looking to acquire a majority stake in Danbury, Conn.-based Orthopaedic Specialty Surgery Center, according to a July 29 report from Hartford Business Journal.

10 challenges ASCs could face when switching EHRs

Deciding on which EHR system to use can be difficult for practices, as is the transition from one system to another, according to a July 26 article on the American Medical Association’s website. 

HCA's ASC profitability up despite drop in Medicaid, self-pay volume

Nashville, Tenn.-based HCA Healthcare saw outpatient surgery volume decline for the second consecutive quarter because of lower Medicaid and self-pay volumes, executives explained in a July 23 earnings call transcribed by Seeking Alpha.

Cardiology ASCs facing 'incongruent' payer denials 

Cardiology-specific ASCs are faced with new challenges as payers update policies amid these high-acuity procedures’ migration to the outpatient setting. 

What ASCs need to know before adding cardiology

Cardiology is one of the biggest opportunities for ASC growth as procedures are increasingly approved for the outpatient setting. 

Anesthesia machine market expected to hit $14B in 2024

The global market for anesthesia machines is expected to hit $14.1 billion in 2024, according to a July 29 report from FactMR. 

10 states with the worst healthcare systems in 2024

Mississippi was ranked last on a list of states with the best healthcare systems by personal finance website Wallethub. 

Ascension bulking ASC strategy amid hospital sell-off spree 

ASC growth is a component of St. Louis-based Ascension plans for growth amid a $3 billion operating loss in fiscal 2023. 

CHS sees record Q2 surgical volumes driven by ASCs

Franklin, Tenn.-based Community Health Systems has released its second-quarter operating results, showing a record number of surgical volume, driven in part by the system’s ASC presence. 

Optum's 2024 clinic closures: What ASCs need to know

Optum, the country’s largest employer of physicians and parent company of ASC chain SCA Health, has revealed plans to shutter several clinics so far in 2024.