ASCs’ multibillion-dollar savings potential

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In an updated analysis of a 2020 report,  “Reducing Medicare Costs by Migrating Volume from Hospital Outpatient Departments to Ambulatory Surgery Centers,” the Ambulatory Surgery Center Association  lays out the cost savings generated by ASCs since 2019 and projects how much they could save the overall healthcare system in the future.

Here are four notes from the report:

1. Surgery centers generated $27.9 billion in savings for Medicare FFS between 2019 and 2024.

2. Savings per year from procedures being performed at ASCs rather than HOPDs grew from $4.5 million in 2019 to $5.1 billion in 2024. 

3. Surgery centers are projected to generate $84.8 billion in savings for Medicare FFS from 2025 to 2034. 

4. Savings per year from procedures being performed at ASCs rather thanHOPDs is projected to grow from $5.6 billion in 2025 to $12.5 billion in 2034. 

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

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