The key details to know:
1. Pain management ASCs grew most rapidly during the period covered by the report between 2015 and 2017. In 2017, there were 100 more pain management ASCs billing Medicare than in 2015.
2. Changing technology and clinical practices are contributing to the expansion of the types of procedures performed in ASCs. As this trend continues, more knee and hip arthroplasty procedures may be done in ASCs.
3. ASCs are more convenient for patients than hospital outpatient departments, according to MedPAC. Additionally, patients’ coinsurance is lower in ASCs than HOPDs for procedures covered on the ASC payment system.
4. Value-based care and ASCs’ low-cost settings make ASCs appealing investments for private equity firms and hospital systems.
More articles on benchmarks:
These are the most common ASC specialties — 8 statistics
Which states have the highest concentration of ASCs per Medicare beneficiary?
The top 10 procedures performed in ASCs
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.