In the fiscal year 2012, Pennsylvania added 10 new ambulatory surgery centers, bringing the state's total to 281, according to a Pennsylvania Health Care Cost Containment Council report.
ASCs in the state reported $1.1 billion in net outpatient revenue and 1.1 million outpatient visits.
The report also found for the fiscal year 2012:
• Average operating margin rose from 24.94 percent to 25.83 percent
• Commercial payers covered 51.4 percent of procedures performed at ASCs
• The number of procedures performed at ASCs rose by 0.7 percent
More Articles on Transactions and Valuation Issues:
Beloit Health System to Add Surgery Center at NorthPointe Health & Wellness
Harris Health Opens New $60M Outpatient Center
Medical Facilities Corporation Announces October Dividend
ASCs in the state reported $1.1 billion in net outpatient revenue and 1.1 million outpatient visits.
The report also found for the fiscal year 2012:
• Average operating margin rose from 24.94 percent to 25.83 percent
• Commercial payers covered 51.4 percent of procedures performed at ASCs
• The number of procedures performed at ASCs rose by 0.7 percent
More Articles on Transactions and Valuation Issues:
Beloit Health System to Add Surgery Center at NorthPointe Health & Wellness
Harris Health Opens New $60M Outpatient Center
Medical Facilities Corporation Announces October Dividend