- Higher case payments for the hospital model versus the independent ASC model ($1,200-$1,700 per case for independent ASCs, versus $2,200-$3,000 per case for hospital-affiliated ASCs).
- ASC operations aligned with the Patient Protection and Affordable Care Act, and a move that is part of accountable care organizations’ strategic plans.
- A hedge against shrinking surgeon reimbursements in practices and ASCs.
- A competitive advantage over independent ASCs.
- Hospitals may be more willing to share in control and profits of ASCs, especially as it is very difficult for hospitals to efficiently operate outpatient centers alone.
According to the presentation, a joint venture may be appropriate when an ASC is no longer seeing significant profit increases, or when local surgeons can form a strategic alliance with a local hospital.
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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.