The ‘big business’ of ASCs — 5 things to know

ASCs are “becoming big business,” according to a new report from L.E.K. Consulting.

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Five things to know:

1. In 2015, the ASC segment accounted for around 35 percent of surgeries and about 10 percent of surgical care revenue.

2. Performing a procedure in an ASC instead of a hospital outpatient department costs 60 percent less, on average.

3. Just 1 to 2 percent of ASCs are sold each year, and the transaction process is highly competitive.

4. In the coming years, ASCs will see an estimated same-store procedure growth of 4 percent per operating room.

5. About 20 percent of ASC volume is currently out of network, but L.E.K. expects half of that to move in-network within five years.

More articles on benchmarking:
Yearly average salaries for 5 physician specialties
States where Medicare-certified ASC numbers stayed flat from 2017-18
10 states with the most Medicare-certified ASCs 

 

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

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