3 challenges facing the ASC industry

ASC leaders are facing a number of headwinds moving into next year.

At a panel discussion at Becker's ASC 26th annual meeting in Chicago, Robert Zasa, president of ASD management; Melissa Weik, executive administrator of North Point Surgery Center; Ying Chen, DO, a neurosurgeon who practices in New Albany, Ohio; and Ken Overbey, chief operating officer of Proliance Surgeons discussed the challenges.

1. Consolidation. As more cases move to the outpatient setting, consolidation will rise and more ASCs will be bought up by hospitals, health systems and private equity firms.

2. Staying competitive. With total joints migrating to the outpatient setting, ensuring that the facility is outfitted for higher acuity cases and having all physicians on board is necessary for success.

3. High-deductible health plans. ASCs handling high-deductible health plans should focus on upfront collections and ensuring patients are comfortable with their deductible.

More articles on turnarounds:
Competition between ASCs, physician practices could ramp up: 2 reasons why
Are ASCs ready for cardiovascular procedures in 2020? 6 insights from 2 executives
5 ASC market insights: Physician ownership, single-specialty centers & more

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months