1. In its 2024 hospital outpatient prospective payment system, released July 13, CMS suggested a 2.8% average rate increase for ASCs.
2. In CMS’ proposed Medicare physician fee schedule for 2024, it pitched a 3.34% conversion factor decrease.
3. Seventy percent of ASCs remain independent as of 2022, according to a report from VMG Health.
4. ASC leaders spend an average of $2.2 million on employee staffing and wages, according to VMG Health’s 2022 “Multi-Specialty ASC Benchmarking Study.”
5. CMS’ reimbursement for anesthesia services has decreased by 2.03% from 2022 to 2023, according to a report from VMG Health.
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.
