Question: Is private equity investment good or bad for ASCs? Why?
Jason Richardson: There are tradeoffs with private equity investment in healthcare. The good is that it will accelerate transition of procedures from hospitals to the lower-cost ASCs by infusing capital investments into ASC development.
Q: How could President Biden’s $1.9 trillion relief plan’s subsidies for payers affect ASCs?
JR: Regardless of personal political leanings, this will have a positive impact as it will get vaccines in arms, people back to work and eventually reduce the population of the uninsured. The pandemic has resulted in millions of people putting off necessary healthcare and preventive care. By stimulating the economy, more people will have health insurance and income to pay for desperately needed preventive care or elective surgeries.
More articles on surgery centers:
10 ASC administrators to know
Why an independent ASC in California steers clear of private equity
Did the pandemic change ASC-hospital relationships?
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.