Becker's Healthcare November 17, 2022
ASCs often struggle to compete with larger health systems and practices for patients and contracts, but some are looking to technology to access economies of scale in the coming months.
“Growth in economies of scale through smart, cost effective technology is what I am thinking over the next 12 to 24 months,” Mihir Patel, MD, treasurer of Indianapolis-based OrthoIndy, told Becker’s.
Technology that reduces documentation burden “could be tremendous for practices,” he said. Technologies like artificial intelligence can improve care models and facilitate device and administrative improvements.
Hospitals and insurers have sophisticated EHRs and data management systems to capture information about patients and deliver a high level of care. However, this technology is expensive, and some ASCs...
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