4 trends in implant, supply costs for ASCs this year

The HealthCare Appraisers’ 2019 ASC valuation survey provides insight on payers, ASC value and supply chain.

Advertisement

HealthCare Appraisers and the Ambulatory Surgery Center Association based the report on responses from 26 companies, including ASC management companies, investment bankers and business brokers.

Four supply chain insights:

1. Percentage of management companies that provide a corporate supply chain executive or staff through management agreements:
• Never: 19 percent
• 25 percent of the time: 0 percent
• 50 percent of the time: 7 percent
• 75 percent of the time: 7 percent
• Always: 67 percent

2. Percentage of management companies that provide access to a group purchasing organization through management agreements:
• Never: 7 percent
• 25 percent of the time: 0 percent
• 50 percent of the time: 14 percent
• 75 percent of the time: 3 percent
• Always: 76 percent

3. Typical change in ASC medical supply expense year over year:
Decrease in expenses: 4 percent
• 0 to 1 percent: 7 percent
• 1.1 to 2 percent: 32 percent
• 2.1 to 3 percent: 36 percent
• 3.1 to 4 percent: 14 percent
• 4.1 to 5 percent: 7 percent

4. Typical annual change implantable expenses for ASCs:
• Decrease in expenses: 4 percent
• 0 to 1 percent: 11 percent
• 1.1 to 2 percent: 33 percent
• 2.1 to 3 percent: 22 percent
• 3.1 to 4 percent: 26 percent
• 4.1 to 5 percent: 4 percent

More articles on supply chain:
Amazon & other ASC supply chain disruptors: 3 Qs with Shields Health Care’s Prashanth Bala
North Carolina surgery center hit hard by lidocaine shortage — 3 insights
ASC supply chain tip of the day: Prepare for disruptions

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

Beyond the bottleneck: How health systems are improving access, flow and care continuity

Thursday, July 30
1:00 PM - 2:00 PM CDT

Presenters: Imamu Tomlinson, MD, MBA, VituityWilliam Morice II, MD, PhD, Mayo Clinic LaboratoriesJordan Dale, MD, Houston MethodistAsh Tengshe, City of HopeChris Klay, MHA, MA, PT, FACHE, Hospital Sisters Health System

Advertisement

Next Up in Supply chain

Advertisement

Comments are closed.