Arizona became an ASC stronghold through private equity, hospital gaps and the state's deep-rooted history of opening ASCs, according to Arizona ASC leaders.
Patsy Newitt
As Medicare reimbursements shift in the next two to four years, some ASC executives are concerned about how ASCs can remain profitable amid inflation.
From industry threats to handling expansion, these 10 administrators recently spoke with Becker's ASC Review about their thoughts on the ASC industry.
There is a growing number of doctors 60 years and older expected to leave the field paired with an insufficient number of physicians entering the workforce, according to a recent report.
Hospitals have robust budgets, making it difficult for many ASCs to offer competitive salaries. But they can make up for this by fostering a positive workplace culture and providing incentives, ASC leaders say.
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Only six percent of physicians reported a decrease in their malpractice premiums between 2019 and 2020, Medical Economics reported in its 92nd physician report.
The delta coronavirus variant was classified as a "variant of concern" June 14, and its presence in the U.S. has only grown since.
CMS added 267 ASC-payable additions in their rules for 2021, and the new CMS administrator was confirmed.
Brentwood Tenn.-based HCA Healthcare, TriStar Division, is building an ASC, according to a June 23 email to Becker's ASC Review.
An ASC and medical office building in Wauwatosa, Wis., was sold for $3 million, Milwaukee Business Journal reported June 22.