The percentage of surgery centers with an operating budget of $3 million or more jumped to 43% in 2023, compared with 32% the year prior. There are fewer ASCs on the bottom end of the spectrum as well, with 2% reporting less than $1 million operating budgets, compared with 7% in 2022. However, the percent of ASCs reporting $15 million or more operating budgets dropped by 2 percentage points to 3%.
Here is the breakdown of ASC operating budgets in 2023)
1. Less than $1 million: 2% (compared to 7% in 2022)
2. $1 million to $1.9 million: 7% (compared to 13% in 2022)
3. $2 million to $2.9 million: 4% (compared to 6% in 2022)
4. $3 million to $4.9 million: 13% (compared to 8% in 2022)
5. $4 million to $9.9 million: 13% (compared to 7% in 2022)
6. $10 million to $14.9 million: 14% (compared to 12% in 2022)
7. $15 million or more: 3% (compared to 5% in 2022)
Forty-four percent of the respondents didn’t know their operating budgets. Forty-eight per cent said their operating budgets increased from the previous year, while 12% reported a decrease.
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.