Four more key insights:
1. In 2019, Medicare and private health insurance are expected to account for 25 percent and 39 percent of for-profit hospitals’ payer mix, respectively.
2. Medicare’s portion of the hospital payer mix is projected to rise by 4 percent by 2028, while private payers’ share will drop 2 percent.
3. In 2018, an estimated 44 percent of U.S. physicians were hospital-employed, up from 41.7 percent in 2016 and 26 percent in 2012.
4. In 2018, for-profit hospitals had an estimated median operating margin of 1.8 percent, which is lower than the 2.5 percent that is considered healthy.
More articles on surgery centers:
27 states gained Medicare-certified ASCs from 2017-18
Average salary for 5 key physician specialties
The 6 most common cases migrating to outpatient venues
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.