Five takeaways:
1. With increasing prevalence of osteoarthritis in the U.S., hip and knee replacement surgery volume is expected to increase 84 percent in the next decade.
2. Outpatient joint replacement is expected to surge, with 57 percent of all non-fracture knee and hip replacements being performed as outpatient procedures by 2028.
3. Meanwhile, inpatient joint procedures are predicted to grow at a slower rate due to payer and patient price sensitivity, technological advancements, surgeon preference and pain management improvements.
4. In the next five years, the number of young, healthy, outpatient-appropriate patients will rise rapidly.
5. Organizations will need to carefully allocate resources such as facility and staffing capacity as joint replacements shift to the outpatient space. They should also make it a priority to develop their own comprehensive outpatient total joint programs through collaboration among surgeons, administrators and other stakeholders.
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