“With policymakers looking for ways to shore up Medicare’s finances and reduce healthcare spending nationwide, our analysis suggests ASCs offer a win-win for policymakers and patients,” said Adjunct Professor Brent Fulton of the University of California at Berkeley. “Encouraging patients to seek the care they need in ASCs throughout the Medicare system should be an easy decision. Indeed, depending on the future policy environment, the savings generated by ASCs could exceed our $57.6 billion estimate [over the next decade].”
Around $6 billion of the $7.5 billion savings were realized by the federal Medicare program. The remaining $1.5 billion went directly to Medicare beneficiaries, according to the report. Medicare beneficiaries stand to save by choosing the ASC over the hospital outpatient department setting as well.
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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.