Although the ASC industry is largely fragmented, independence is becoming increasingly difficult as practice costs soar and healthcare consolidates.
The Latest
St. Louis-based Ascension saw a $3 billion operating loss in fiscal year 2023, and its sustainability strategy includes selling off major hospitals in their system.
CMS proposed a 2.8% conversion factor reduction to its physician fee schedule for 2025 July 10.
Newsweek has opened a survey for its fifth-annual "Best Ambulatory Surgery Centers" ranking for 2025.
Oswego (New York) Health has performed its first robotically assisted surgery, Oswego County News Now reported July 10.
ASCs are a unique care setting that are affected by trends such as consolidation, market shifts and other industry-wide changes differently than their hospital counterparts.
Florence, S.C.-based McLeod Health is expanding its campus to include an ASC, News13 reported July 9.
Virginia has been named the top state for business in 2024 by CNBC.
Akron (Ohio) Children's Hospital's new pediatric ASC will open its doors July 23.
The cost of medical supplies has been rising due to shortages, supply chain issues and inflation. In conjunction with declining reimbursements and rising practice costs, ASCs are forced to grapple with a tumultuous financial landscape — all while ensuring quality…