Despite projections of rapid growth, the outpatient migration of cardiology has not accelerated as expected — even as cardiology stands out as the fastest-growing ASC specialty, according to a 2022 report from Avanza. “When these procedures were approved, everyone thought there would be this rapid acceleration into cardiology, but that hasn’t really happened,” Vance Chunn, […]
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Gastroenterology has the highest percentage of block time utilization at ASCs, according to ASC software company HST Pathways’ latest “State of the Industry Report.“ Here’s the percentage of block time used at ASCs, by specialty, in 2024, according to data from 590 ASCs in 47 states:
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Shyroll Morris, senior vice president and chief strategy officer of Altamonte Springs, Fla.-based AdventHealth’s East Florida division, shared with Becker’s the health system’s ASC strategy and how it brought local physicians into closer alignment. In many established markets, health systems focus primarily on employed physicians. But AdventHealth found that forming strong partnerships with independent community […]
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Tallahassee Primary Care Associates is closing after nearly 30 years, WFSU Public Media reported April 1. The closure will take effect April 25, according to the report. In January, the practice announced that “select physicians” would be departing, and that other departures and service line closures would also potentially take place. In an open letter […]
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Florence, S.C.-based McLeod Health has completed construction on its $20 million ASC in Myrtle Beach, S.C., My Horry News reported April 2. The ASC features four operating rooms, two procedure rooms and 17 pre- and post-operation rooms. The facility was built on McLeod’s Carolina Forest campus, adjacent to a new hospital that is slated for […]
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Independent ASCs are under growing pressure as reimbursement fails to keep pace with rising operational costs, staffing shortages and mounting administrative burdens. In response to these challenges, Gregg Gordon launched Surgical Solutions IPA in 2024, one of the country’s first independent practice associations built solely for ASCs. Based in New York City, SSIPA works to […]
The post ‘Eventually there may not be many independents left’: Why ASCs are banding together for survival appeared first on Becker’s ASC.
Here are five hospitals and health systems that shuttered services in the last month: 1. Peoria, Ill.-based OSF HealthCare will discontinue intensive care and obstetrics services at its medical center in Ottawa, Ill., and transfer them to a nearby facility in Peru, Ill. 2. East Ohio Hometown Pharmacy, a full-service pharmacy in Martins Ferry for […]
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Here are 12 financial notes from three of the biggest ASC operators, pulled from their most recent financial reports: United Surgical Partners International (Dallas) 1. USPI reported $4.5 billion in net operating revenues for 2024, a 15.4% increase from $3.9 billion in 2023. 2. USPI’s net operating revenues for the fourth quarter of 2024 reached […]
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Hazleton (Pa.) Anesthesia Services has faced a data breach, according to an April 1 report from the Standard Speaker. Hazelton’s management company detected unusual activity within staff emails on Nov. 21, 2024. By March 10 it had determined that a breach had occurred. Following an investigation by a third party, it was determined that an […]
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Fort Lauderdale, Fla.-based Holy Cross Health general surgeon Michael Perez, MD, recently completed his 1,000th laparoscopic surgery using the Da Vinci Xi surgical system, South Florida Hospital News and Healthcare Report reported April 1. “This technology has been a gamechanger, and I am grateful to Holy Cross Health for providing me and my fellow physicians […]
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