| Print |  Email

7 Things for ASC Leaders to Know for Thursday

Written by Carrie Pallardy | January 02, 2014

Here are seven news updates for ambulatory surgery center leaders to know for Jan. 2, 2014.

Experts predict PPACA exchange enrollment to fall short of targets.
Though 1.1 million people enrolled in health plans through the federal exchange between Oct. 1 and Dec. 24, and an estimated 1 million people enrolled through state exchanges, experts say that is unlikely that the Obama administration's goal of 3 million enrollees before the end of 2013.

California ASC ORs grow 36%.
From 2003 to 2010, the number of operating rooms in California ambulatory surgery centers has increased 36 percent, according to a LexisNexis report. There were 1,180 ASC operating rooms in California in 2003, a number which grew to 1,603 in 2010.

January 31: deadline for physicians to change Medicare participation.
Physicians have until Jan. 31, 2014, the end of the open enrollment period, to decide whether or not to participate in the Medicare program. The open enrollment period was extended due to the delay of the physician fee schedule.

OIG: more scrutiny on physicians with large Medicare payments possible.
A study released by the Office of the Inspector General of the Department of Health and Human Services looks at physicians that received more than $ 3 million from Medicare in 2009. Of these physicians, 34 percent were flagged for improper Medicare payment. Read the full report.

Anesthesia group acquisition activity increases.
In 2013, the anesthesia market experienced an increase in consolidation. Large management companies are competing to acquire anesthesiology groups and private equity firms are also becoming interested in the market.

Constitution Surgery Center East to initiate $3.5M expansion project.
Constitution Surgery Center East in Waterford, Conn., will move forward with a $3.5 million expansion project, which includes a second floor, the addition 6,000-square-feet to the first floor and more parking space.

Greensboro Specialty Surgical Center earns CON approval for $5M expansion.
Greensboro (N.C.) Specialty Surgical Center has received conditional approval for a $5 million expansion project. The project will include the addition of 5,800-square-feet, renovation of 2,700-square-feet and a new procedure room. Greensboro Specialty Surgical Center is affiliated with Surgical Care Affiliates.

More Articles on ASC Issues:
6 Recent Key Notes on ASC Management & Development Companies – HCA, SurgCenter Development, Nueterra & More
Are There New ASC Physician Investors? Opportunities, Challenges & 5 Tactics for Successfully Attracting New Partners
6 Statistics on Surgery Center Liquidity by Number of ORs

© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.