70%: The percentage Medicare hospital pay increased from 2001 to 2023. By contrast, Medicare physician payment has only increased by 9% in the same period, according to a report by the American Medical Association.
Over $42.2 billion: The amount saved annually when surgical procedures are performed at ASCs rather than hospitals, according to a 2020 study from KNG Health Consulting.
$299: The amount more colonoscopies conducted at HOPDs ($1,224) cost compared to an ASC ($925), according to an analysis by Nashville, Tenn.-based ASC operator AMSURG.
10%: The percentage more Medicare pays for an insertion of new or replacement of permanent pacemaker with transvenous electrodes done at HOPDs ($1,719) compared to ASCs ($1,530), according to the Medicare.gov procedure price lookup tool.
30%: The percentage more ASCs there are in the U.S., compared to HOPDs as of July 2022, according to a report from Compass One Healthcare and healthcare performance improvement company Press Ganey.
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.