Hospital and health system ownership of ASCs has nearly doubled in five years, according to Avanza’s Intelligence Hospital Leadership ASC Survey.
In 2024, 82% of hospitals and health systems own at least one ASC, up from 41% in 2019 and 48% just last year.
Here are five more statistics from the survey:
1. Nearly all hospitals are doubling down on ASCs: 90% of hospitals and health systems plan to continue investing in ASCs in 2024, up from 70% in 2023.
2. Among hospitals and health systems that own ASCs, 57% now own two or more, up from 47% in 2023.
3. About 75% of hospitals and health systems structure their ASCs as joint ventures — a trend that has remained steady over the past five years.
4. Of the survey respondents, 67% said they prefer to hold a majority stake in ASC partnerships, an increase from 64% in 2023.
5. Sixty-three percent of hospitals and health systems report that payers are pressuring them to expand ASC options.
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.