The payments were $106 per FFS beneficiary, which was 2.2 percent larger than the previous year. The Centers for Medicare and Medicaid increased the ASC conversion factor by 0.2 percent in 2011. Medicare payments to ambulatory surgery centers have increased since 2006:
2006: $2.8 billion
2007: 2.9 billion
2008: $3.1 billion
2009: $3.2 billion
2010: $3.3 billion
2011: 3.4 billion
Medicare payments per FFS beneficiary also increased:
2006: $85
2007: $89
2008: $97
2009: $102
2010: $104
2011: $106
According to the report, in 2009 Medicare only accounted for around 17 percent of the overall revenue for ASCs.
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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.