Surgery Center of Cedar Rapids Saves Patients, Payers Nearly $70M Since Opening

Arthur W. Devine, Jr., MD, an urologist with the Physicians Clinic of Iowa, recently wrote a letter to the editor published in The Gazette, which focuses on the cost savings the Surgery Center of Cedar Rapids (Iowa) has generated for its community since opening.

Advertisement

The surgery center is a hospital-physician partnership that has been open for 10 years. According to Dr. Devine, the surgery center provides patients with 30 to 40 percent savings in out-of-pocket expenses, compared to hospitals.

Since the center’s opening, the savings have totaled $14 million for patients and $55 million for patients’ insurers.

More Articles on ASC Issues:
4 Things to Know About Leading a Joint Venture Surgery Center
6 Recent Surgery Center Industry Leadership Moves
3 Things Every ASC Brand Should Have

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.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.