Hospital and health system ownership of ASCs has nearly doubled in five years, according to Avanza’s Intelligence Hospital Leadership ASC Survey.
In 2024, 82% of hospitals and health systems own at least one ASC, up from 41% in 2019 and 48% just last year.
Here are five more statistics from the survey:
1. Nearly all hospitals are doubling down on ASCs: 90% of hospitals and health systems plan to continue investing in ASCs in 2024, up from 70% in 2023.
2. Among hospitals and health systems that own ASCs, 57% now own two or more, up from 47% in 2023.
3. About 75% of hospitals and health systems structure their ASCs as joint ventures — a trend that has remained steady over the past five years.
4. Of the survey respondents, 67% said they prefer to hold a majority stake in ASC partnerships, an increase from 64% in 2023.
5. Sixty-three percent of hospitals and health systems report that payers are pressuring them to expand ASC options.
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