Children’s Hospital of Philadelphia Specialty Care & Surgery Center in King of Prussia posted $6.2 million net income, while Crozer Health Surgery Center at Brinton Lake, in Glen Mills, posted $6 million, according to the report.
The 27 outpatient surgery centers in Philadelphia had an average net income of $462,000. Average margins for ASCs dropped from 25.04 percent in fiscal 2019 to 23.4 percent in fiscal 2020, according to the report.
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.