The number of ASCs treating Medicare beneficiaries continued to rise in 2023, with an increasing volume of procedures and spending, according to the latest report from the Medicare Payment Advisory Commission. Here are five key facts to know: 1. The…
ASC Coding, Billing & Collections
On Feb. 25, President Donald Trump signed an executive order targeted at boosting healthcare price transparency. The order directs HHS and the Labor and Treasury departments to “rapidly implement and enforce” healthcare price transparency enforcement regulations. The order refers to…
The sustainability of independent ASCs is becoming an increasing concern as rising practice costs outpace reimbursement rates. Many ASCs are feeling the financial squeeze, and some leaders worry about the challenges of maintaining physician ownership, particularly as aging surgeons fail…
The sustainability of independent ASCs is becoming an increasing concern as rising practice costs outpace reimbursement rates. Many ASCs are feeling the financial squeeze, and some leaders worry about the challenges of maintaining physician ownership, particularly as aging surgeons fail…
Medicare-certified ASCs are subject to numerous federal laws — including the Anti-Kickback Statute — that require compliance when bringing in or terminating surgeon owners, according to a recent article in the March 2025 issue of Surgery Business magazine. Here are…
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Medicare payments to ASCs jumped nearly $2 billion between 2018 and 2023, according to a March 13 MedPAC report to Congress. Here’s a chart illustrating the growth in Medicare fee-for-service payments to ASCs from 2018 to 2023: Year Medicare payments…
Radiologists lead as the highest-paid physicians per hour, according to a recent survey by the American Medical Association. Here are the physician specialties with the highest hourly compensation: Specialty Average hourly pay Radiology $281.27 Otolaryngology $255.50 Gastroenterology $249.66 Cardiology $240.54…
Payer behavior continues to be one of the biggest challenges facing ASCs and other outpatient facilities. As reimbursement pressures mount, ASCs are exploring new partnerships to improve care coordination and drive efficiencies. But without meaningful engagement from payers, progress remains…
As Congress wrestles with the future of Medicaid funding, ASCs, physicians and hospitals nationwide are bracing for potential financial turmoil. Currently, the federal government covers 90% of costs for Medicaid expansion enrollees in the 41 states (including Washington, D.C.) that…
As more high-acuity procedures become available in the ASC setting, less-invasive procedures, like cataract surgery and hand procedures, have begun shifting to office-based settings. Kayla Carey, COO of Rosemont, Ill.-based Ambulatory Anesthesia Care, recently joined Becker’s to share data and…