4 Statistics on Surgery Center Growth Compared to Hospitals
Surgery centers will become more critical competitors to hospitals in the coming years, as hospitals and health systems move towards population health/global payment models, according to a report from Objective Health.
According to the report, the footprint of ASCs has increased dramatically over the last 10 years. Here are four statistics on the growth of ASCs in the last decade:
1. Over the last 10 years, the number of ASC operating rooms has doubled. The number has rocketed from around 10,000 in 2001 to more than 20,000 in 2011.
2. Today, 60 percent of hospitals are five minutes away from a surgery center.
3. Historically, for procedures such as shoulder arthroscopy, ASCs and hospitals have shared in growth. Between 2006 and 2009, all care settings saw a similar growth in shoulder arthroscopy procedures — around 1.4 x annual growth.
4. Today, however, ASCs are providing the same services as hospitals for a much lower rate. The 2012 Medicare payment rate for shoulder arthroscopy was $1,201 for ASCs, which is 42 percent lower than the $2,085 price tag for the same procedure in hospitals.
Access the Objective Health PDF here.
Related Articles on ASCs and Hospitals:
Building a Physician-Hospital Joint Venture Overseas: 6 Points on Regent Surgical Health's Irish Partnership
Recently Opened $300M Buffalo Medical Facility Houses Surgery Center
Key Thoughts for a Physician-Hospital Joint Venture
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