The study compared the Medicare costs of 22 urological surgeries performed on elderly patients across ASCs, physician offices and HOPDs from 1998 to 2006. Researchers also looked at all relevant payments made within 30 days of the surgery.
John Hollingsworth, MD, the lead researcher of the study and a professor within the University of Michigan’s department of urology, said ASCs and physician offices had far greater Medicare cost savings in 20 of the 22 procedures, and “offloading 50 percent of the procedures from hospitals to [ASCs] would save the Medicare program nearly $66 million annually,” according to the report.
More Articles on ASCs and Hospitals:
How to Improve Your ASC in 2013: 5 Goals From Arise Healthcare’s Jared Leger
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How Do ASC-HOPD Conversions Affect Healthcare Costs? OIG to Examine in 2013
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
