In 2003, ASCs were reimbursed 87 percent of what an HOPD would receive. By 2008, they were only reimbursed at 63 percent on average. Over the next three years, the decline continued:
2009: 59 percent
2010: 58 percent
2011: 56 percent
CMS released its Medicare 2013 final rule to include a 0.6 percent rate increase for ASCs. This was down from a proposed 1.3 percent update in the proposed final rule. The increase is based on a 1.4 percent projected rate of inflation and a 0.8 percent point decrease for productivity adjustment required by the Patient Protection and Affordable Care Act.
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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.