Three takeaways from Mr. Raneri:
1. At least two-thirds of all workers’ compensation surgeries involve knee or shoulder repair. While these surgeries are essential to the injured worker’s recovery, they are rarely emergent.
2. Surgical dates of service for orthopedic and spine patients dropped 64 percent from Jan. 1 to April 15 but rose 182 percent from April 16 to June 15, according to Paradigm Specialty Networks data.
3. The recovery was “V-shaped” due to an expected backlog of surgical cases. As of July 1, ASCs were operating at 75 percent capacity or higher.
“By all accounts, the outpatient and ambulatory surgery market avoided the worst-case scenario at the time by both averting an overwhelmed health system and catastrophic economic losses,” Mr. Raneri said.
More articles on surgery centers:
California medical office building with ASC sells for $43.3M
Surgery Partners plans to take on $115M more in debt
Physician-owned ASC undergoes renovation amid COVID-19 crisis
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.