ASC ownership is shifting: What leaders need to know

The number of hospital systems that own ASCs are on the rise, according to the annual “Hospital Leadership ASC Survey,” conducted by ASC expert group Avanza Healthcare Strategies and published Nov. 8. 

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Here are five statistics to know:

1. Forty-eight percent of respondents said their organization has at least one ASC in 2023, up from 41% in 2019. 

2. Forty-seven percent of hospitals and health systems have an affiliation or ownership interest in multiple freestanding ASCs. 

3. Sixty-four percent of respondents prefer owning at least 50% of the ASC partnership. 

4. Twenty-nine percent said their ASCs were owned solely by hospitals and health systems, an increase from 18% in 2021. 

5. Still, 70% of freestanding ASCs are independently owned and operated, according to VMG Health’s “Annual Healthcare M&A Report 2022.”

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.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

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