Changes in store for ASC markets: Implant costs, payer rates & more

Several changes coming to the ASC market are tracked in this year’s ASC Valuation Survey by HealthCare Appraisers.

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HealthCare Appraisers and the Ambulatory Surgery Center Association collected data from 26 companies, including ASC managers, investment bankers and business brokers, to compile its report.

Below are the typical annual changes in the ASC market respondents observed for:

Commercial payer rates:
Decrease in rates: 4 percent

Rates of potential increases:
0 percent to 1 percent: 13 percent
1.1 percent to 2 percent: 36 percent
2.1 percent to 3 percent: 36 percent
3.1 percent to 4.0 percent: 11 percent

Implantables:
Decrease in expenses: 4 percent

Rates of potential increases:
0 percent to 1 percent: 11 percent
1.1 percent to 2.0 percent: 33 percent
2.1 percent to 3 percent: 22 percent
3.1 to 4.0 percent: 26 percent
4.1 percent to 5.0 percent: 4 percent

Drugs:
Decrease in expenses: 4 percent

Rates of potential increases:
0 percent to 1 percent: 0 percent
1.1 percent to 2 percent: 25 percent
2.1 percent to 3 percent: 31 percent
3.1 percent to 4.0 percent: 11 percent
4.1 percent to 5.0 percent: 18 percent
5.1 percent to 6.0 percent: 11 percent

Medical supplies:
Decrease in expenses: 4 percent

Rates of potential increases:
0 percent to 1 percent: 7 percent
1.1 percent to 2.0 percent: 32 percent
2.1 to 3.0 percent: 36 percent
3.1 percent to 4.0 percent: 14 percent
4.1 percent to 5.0 percent: 7 percent

More articles on benchmarking:
West Coast states dominate as top workplaces for nurses
11 statistics to know on physician ownership
3 things to know about ASC payer mix, procedure volume, cost & more

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.

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