2.83%: In November 2024, CMS finalized a 94-cent (2.83%) conversion factor decrease from 2024. The physician fee schedule conversion factor for 2025 is $32.35, down from $33.29 in 2024. Physicians and medical groups have expressed concern over the decrease in reimbursements, sharing that year-over-year decreases are proving unsustainable for many.
1,941: The number of ASCs under a partnership by a national operator in 2023. In 2011, there were 1,339 centers under a national operator, marking a decrease in ASC independence over the last decade.
29: The number of ASC and physician practice closures in 2024, as reported by Becker’s.
85%: A handful of national insurers have announced plans to cap CRNA reimbursement rates at 85% of the physician fee schedule. This could provide pain points for patients and providers, especially in rural practice areas.
44%: In the 2022 match, 44% of applicants seeking an anesthesiology residency did not match. This may further exacerbate the ongoing anesthesia shortage, a major operational challenge for ASCs.
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.
