Ambulatory care spending rose 7.4% in Q1 2016 — 5 takeaways

In the first quarter of 2016, U.S. healthcare and social assistance revenue hit $597.3 billion, based on the U.S. Department of Commerce Quarterly Services Survey, according to HealthcareDIVE.

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Here are five takeaways:

1. The $597.3 billion represents a 5.2 percent increase from healthcare spending in the first quarter of 2015.

2. Ambulatory care spending increased 7.4 percent in the first quarter of 2016, compared to the first quarter of 2015.

3. Within the ambulatory care industry, outpatient centers saw a spending increase of 11 percent in the first quarter, compared to the first quarter of 2015. Physicians’ offices experienced a 7.4 percent increase from the first quarter of 2015.

4. Hospital spending increased 4.2 percent in the first quarter of 2016, compared to the first quarter of 2015.

5. Specialty hospitals saw the greatest increase in spending in the first quarter of 2016.

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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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Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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