Here are five stats reflecting challenges ahead for ASC owners and operators:
13 million: Global shortage of nurses predicted by 2030 without sufficient recruitment and retention, according to a January report from the International Centre for Nurse Migration.
79 percent: Percent of medical groups that said that payer prior authorization requirements increased in the last year, according to a March poll conducted by the Medical Group Management Association.
108,700: Number of formerly independent physicians who are now employed by hospitals, private equity firms, insurers or other corporate entities, according to a report from Avalere.
$2.2 million: Amount surgery centers spent on employee salary and wages, about 21.3 percent of net revenue, according to the VMG Health “Multi-Specialty ASC Benchmarking Study.”
57 percent: Percent of U.S. small-business owners expecting economic conditions to worsen in the next year, according to a May survey conducted by the Wall Street Journal, a number equivalent to the all-time low recorded in April 2020.
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.