ASCs are being challenged by mounting financial pressures endangering their sustainability. Here are five major headwinds facing ASCs: 1. Stagnating reimbursement rates Reimbursement rates have not kept pace with inflation and rising operational costs, straining ASCs financially. While CMS slightly…
Leadership
While physicians are increasingly opting for employed models, some are unhappy with employment and are pivoting back to private practice. According to a survey from consulting firm Bain & Co., nearly 25% of physicians in health system-led organizations are contemplating…
The number of independent physicians has been on a steady decline — around 108,700 physicians left private practice for employment between 2019 and 2021, according to a report from Avalere.
The recent minimum wage increase in California has presented financial challenges for many ASCs, forcing smaller physician-owned practices to compete with larger hospitals and organizations for staff.
Many ASC leaders see the implementation of developing technologies — such as robotic surgeries and AI-assisted platforms — as a key element of ASC growth over the next five years.
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As physician employment shifts increasingly toward hospital and private equity-backed models, independent practices face mounting pressures.
A new report from Jackson Physician Search and LocumTenens.com reveals that only 21% of physicians would recommend a medical career to young people, and just 32% would choose the profession again.
ASCs and hospitals both serve vital roles in the healthcare system, but their approaches to operations, accountability and patient experience often differ drastically.
Large healthcare groups are shifting their ASC strategy, favoring partnerships with surgery centers and physician practices over direct investments, Jeffrey Flynn, administrator and COO of New York City-based Gramercy Surgery Center and president of the New York State Association of…
Three of the five highest-paid executives of Nashville, Tenn.-based HCA Healthcare saw pay jumps in 2024, according to a proxy statement filed with the Securities and Exchange Commission.