Becker's Healthcare March 18, 2025
The sustainability of independent ASCs is becoming an increasing concern as rising practice costs outpace reimbursement rates.
Many ASCs are feeling the financial squeeze, and some leaders worry about the challenges of maintaining physician ownership, particularly as aging surgeons fail to transition the business to younger physicians.
Jeffrey Flynn, administrator and COO of New York City-based Gramercy Surgery Center and president of the New York State Association of Ambulatory Surgery Centers, told Becker’s about the sustainability issues in his state.
“I’m concerned that some of the centers in the state just won’t be here in five...