Here are five fast facts on neurological surgery, based on the Merritt Hawkins physician revenue calculator and the 2020 Medscape physician compensation report:
Outpatient Spine
The migration of more higher-acuity spine surgeries to the outpatient setting presents an opportunity for stakeholders and surgeons to realize significant profit in the coming years if that ASC is operated properly.
When hospitals paused elective surgeries and cut spending during the COVID-19 pandemic, some ASCs chose to invest in technology to facilitate growth.
Spine and total joint surgeries are among the highest-acuity procedures rapidly moving to the outpatient setting, representing a significant financial opportunity for ASCs.
Medtronic received FDA approval for its spinal cord stimulator, Vanta.
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Scott Stayner, MD, PhD, in January performed Minnesota's first spinal fusion using the Minuteman Fusion Plate.
A cervical disc replacement and two more spine surgeries debuted at ASCs in the last 30 days:
Chattanooga, Tenn.-based Center for Sports Medicine and Orthopaedics performed its first cervical disc replacement, according to a LinkedIn post.
Allina Health moves spine procedures to ASCs, and four more key updates on outpatient spine surgery in the last 60 days:
Tampa, Fla.-based Laser Spine Institute founder James St. Louis, DO, claimed in a lawsuit his former lawyers caused him to lose more than $400 million in a judgment by not communicating with him and breaching its fiduciary responsibilities.