Here are two more stats to know:
1. The number of Medicare-certified ASCs jumped 1.4 percent from 2011 to 2021, from 5,217 to 5,906 ASCs.
2. While the median total invested capital to earnings before interest, taxes, depreciation and amortization multiples remained flat from 2020 to 2021, the 25th percentile increased and the 75th percentile decreased.
VMG Health attributes this wider range in 2020 to the uncertainty from the COVID-19 pandemic.
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.