What this means for ASCs:
1. Increased competition will make hospitals view ASCs an attractive target for mergers and acquisitions.
2. Nearly one-fifth of healthcare executives said they’re interested in acquiring surgery centers in a recent survey.
3. However, HIDA’s research found 70 percent of ASC decision-makers don’t anticipate M&A within two years.
More articles on coding, billing and collections:
The 3 key trends affecting ASC cash flow
DISC Surgery Center’s Dr. Robert Bray named bundled payment leader: 3 things to know
Outpatient treatment makes up 50%+ of hospital revenue: Top 10 diagnoses
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.