They are:
1. Increased efficiency. Converting an HOPD to an ASC moves cases to a lower cost setting, which can increase efficiency and improve payer cost sharing.
2. Staffing and supply savings. Because ASCs are more efficiently run than HOPDs, staff schedules can be more flexible and supply costs are lower.
3. Joint venture opportunities. HOPDs that convert to an ASC can send lower reimbursing cases to the ASC and save hospital operating rooms for higher acuity cases.
More articles on transactions and valuations:
4 tips to improve ASC physician documentation
Optum has 50,000 employed, affiliated physicians and a vision for the future
Massachusetts development firm building ASC
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
