The report found that between June 2008 and May 2009, 17 ASCs opened in Pennsylvania. According to the report, utilization of surgery centers also increased 65 percent over the past eight years.
Total margins for ASCs were up 1.75 percentage points in fiscal year 2008 at 26.6 percent, up from 24.31 percent in FY 2007, according to the report. Average operating margins dropped 0.13 percent in FY 2008 to 8.90 percent from 9.03 percent in FY 2007.
Read the Business Times’ report about the growing number of Pennsylvania ASCs.
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.
