In the past 10 years, the net inflation adjustment has only been above 3% twice: in 2023 and 2024, largely caused by labor and supply cost pressures, according to a Feb. 13 news release from VMG Health.
The lowest the net inflation adjustment has been in the past 10 years was in 2016, when it was 0.3%. The Inflation adjustment peaked in 2023, reaching nearly 4%.
Here are the ASC annual net inflation adjustments each year since 2015:
2015: 1.4%
2016: 0.3%
2017: 1.9%
2018: 1.2%
2019: 2.1%
2020: 2.6%
2021: 2.4%
2022: 2%
2023: 3.8%
2024: 3.1%
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.