5 ASC procedures seeing a reimbursement decline

Five ASC procedures are projected to experience a decline in reimbursements in 2024, according to a VMG Health report. 

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Here are the five procedures that may experience a decline in reimbursements: 

63685 Insertion or replacement of spinal neurostimulator

Estimated 2023 payment: $314

Estimated 2024 payment: $192

Percentage decline: 39%

27447 Total knee arthroplasty

Estimated 2023 payment: $263

Estimated 2024 payment: $255

Percentage decline: 3%

63650 Implantation of neuroelectrodes

Estimated 2023 payment: $194

Estimated 2024 payment: $171

Percentage decline: 12%

27130 Total hip arthroplasty

Estimated 2023 payment: $130

Estimated 2024 payment: $126

Percentage decline: 3%

64590 Insertion or replacement of a peripheral, sacral or gastric neurostimulator pulse generator or receiver

Estimated 2023 payment: $106

Estimated 2024 payment: $88

Percentage decline: 17%

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.

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Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

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