One-third of ASCs plan to expand — 3 insights

One-third of ASCs plan to execute growth strategies this year, according to 2018 data from the Health Industry Distributors Association.

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Three insights:

1. Among the ASCs planning expansion, 50 percent intend to expand existing ASC facilities.
2. Forty-three percent of those planning to expand will focus on building new ASCs.
3. Fourteen percent of those ASCs intending to expand plan to remodel current facilities.

More articles on transactions/valuation:
How ASC acquisitions may change over the next year
New Jersey ASC achieves 15-minute procedure times
Oklahoma hospital expanding surgery center – 3 insights

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

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