5 things to know now about the ASC industry

Here are five key things to know about the current state of the ASC industry:

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1. The percentage of ASCs that are independent shrunk from 70% to 68% from 2022 to 2023, according to a February report from VMG Health. 

2. The top five ASC companies — United Surgical Partners International, SCA Health, AmSurg, HCA Healthcare and Surgery Partners — make up 31.9% of the industry’s surgery centers, according to the VMG report.

3. CMS added 37 surgical procedures to the ASC-covered list for 2024, 11 of which are nondental procedures.

4. USPI is currently the largest ASC chain.

5. CMS finalized a 3.1% payment rate for ASCs for 2024.

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.

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