Hospitals, health systems driving ASC growth

Hospitals and health systems have increased their participation in ASC development over the last decade, according to L.E.K. Consulting’s “2024 ASC Insights Study.

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Here are five takeaways from the report:

1. In 2011, 35% of ASCs were partially or fully owned by corporations, management organizations or hospitals and health systems. This included joint ventures with management companies.

2. By 2021, corporate, hospital and health system ownership of ASCs jumped to 48%. 

3. In 2011, 65% of ASCs were completely physician owned.

4. By 2021, physicians had complete ownership of 52%, a 13-percentage point drop. 

5. A January 2024 survey of health system executives by VMG Health found that 60% of leaders were considering pursuing outpatient surgery joint ventures, the highest area of interest of any potential specialty partnerships

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.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

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