1. CMS updated ASC payment rates to 3.8 percent in its 2023 “Hospital Outpatient Prospective Payment System and Ambulatory Surgical Center Payment System Proposed Rule.”
2. CMS added four new procedures to the list of covered ASC procedures.
3. The conversion factor used to calculate physician reimbursement will decline by $1.55 to $33.06 in 2023, representing a 4.48 percent decrease.
4. The U.S. has seen a modest increase in COVID-19 hospitalizations over the last two weeks, according to HHS data compiled by The New York Times.
5. The FDA listed 23 amoxicillin products on its current drug shortages website Oct. 28, confirming earlier reports from the American Society of Health-System Pharmacists.
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.