Researchers examined data from six patients from ambulatory surgery and hospital orthopedic departments collected using the time driven activity-based costing method.
Here are the key details to know:
1. The length of stay for those in the ambulatory surgery department was seven hours, while the length of stay for the hospital was 11 hours.
2. Costs for the patients were relatively the same, with ambulatory surgery patients paying accumulated expenses of $746 and hospital patients paying $777.
3. “Outpatient THA and TKA in hospital and ambulatory surgery departments results in similar cost using the TDABC method. Compared with the cost associated with two day stays, outpatient procedures are around two-thirds cheaper provided no increase occurs in complications or readmissions,” researchers concluded.
More articles on orthopedics and TJR:
More hospital TKA cases scheduled as outpatient as CMS removes them from inpatient list: 4 study insights
How alignment technology can help ASCs prepare for incoming partial knee procedures
3 key reasons total knee replacements are migrating to the ASC setting
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.