Gastroenterology continues to be a leading driver of ASC volume, with endoscopy and colonoscopy at the forefront, according to data from HST Pathways.
Here are five things to know about GI ASCs:
1. OR block utilization for GI rose from 54% in 2023 to 58% in 2024. Gastroenterology centers consistently lead other specialties in block utilization, making throughput a key factor in profitability.
2. Net revenue per case increased from $1,339 to $1,420. At the same time, claim denial rates climbed from 7% to 10%, underscoring ongoing reimbursement challenges. Billing efficiency improved, with average days to bill dropping from six to five.
3. Deposit collection rates improved from 65% to 69%, showing more patients are paying upfront. However, partial collections remain an obstacle, highlighting the need for accurate cost estimates and strong pre-procedure financial counseling.
4. GI case cancellation rates held steady at about 22%. Nearly half (46%) were due to patient decisions, while 20% came from provider cancellations.
5. Case volume increased 19%, rising from an average of 349 cases in 2023 to 416 in 2024.
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.