The number of ASCs far exceeds the number of hospitals, at 165. ASC total profit margins increased to 25.19 percent in 2011, compared to 6.9 percent for general acute care hospitals — in part due to the fact that Medicaid accounts for a small percentage of ASC revenue compared to acute care hospital revenue.
The Hospital & Healthsystem Association of Pennsylvania has criticized the ambulatory surgery center model, saying the financial and clinical demands on acute-care hospitals will increase as surgery centers treat “healthier, and usually better insured, patients,” according to HAP president and CEO Carolyn F. Scanlan.
Related Articles on Surgery Center Transactions & Valuation:
Medical Facilities Corporation Announces September Dividend
Highmark, Pennsylvania’s Largest Insurer, to Build 10 Medical Malls With ASCs
Baltimore’s Mercy Medical Center Announces New Surgery & Birthing Center
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.
