More than $4.2 billion. The amount that Medicare saves annually when surgical procedures are performed at ASCs instead of HOPDs, according to a 2020 study from KNG Health Consulting.
More than $42.2 billion. The amount that healthcare saves annually when surgical procedures are performed at ASCs instead of hospitals.
$28.7 billion. How much ASCs reduced Medicare costs from 2011 through 2018.
$73.4 billion. How much ASCs are projected to reduce Medicare costs from 2019 to 2028.
58%: The percentage more procedures done in HOPDs can cost compared to a physician’s office or ASC, according to a 2023 analysis by Blue Health Intelligence, the Blue Cross Blue Shield Association’s data analytics company.
35%. The potential total cost of savings for various hand and upper-extremity procedures at ASCs compared to HOPDs, according to a study from the American Academy of Orthopedic Surgeons.
28%. The potential savings in patient payments for various hand and upper-extremity procedures at ASCs compared to HOPDs, according to the AAOS study.
59%. How much spending could be reduced by shifting outpatient procedures for non-complex commercially insured individuals to ASCs, according to a 2021 report from UnitedHealth.
$684. Average per-procedure consumer savings if outpatient procedures for non-complex commercially insured individuals were shifted to ASCs. according to the UnitedHealth report.
More than $38 billion. How much healthcare costs are reduced per year due to the availability of ASCs as an appropriate setting, according to a 2016 review of commercial medical-claims data.
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.