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 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.