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Leadership

ASC leaders and hospitals alike are facing major obstacles to profitability as operational costs soar and Medicare and private payer reimbursement rates sink. 

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Even before inflation and the finalized pay cut for 2024 are factored in, Medicare physician payment has effectively declined 26% since 2001, according to the American Medical Association.

Operating independently is becoming increasingly difficult, and many leaders feel that having strong leadership and management is the key to maintaining viability. 

Physician leaders are frustrated and concerned about CMS' proposal for a 2.8% conversion factor reduction to its physician fee schedule for 2025. 

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