Modern Healthcare August 5, 2017
With the looming financial threat from the migration of lucrative hip and knee replacement procedures to outpatient settings, some hospitals and health systems have acquired ambulatory surgery centers or formed joint ventures with surgeons in these centers.
That allows hospitals to keep a piece of the revenue.
And it better aligns their interests with surgeons, who like ambulatory centers because the greater efficiency of these facilities lets them do more procedures in a day and make more money, said Naya Kehayes, practice leader for ambulatory surgery at ECG Management Consultants.
UnityPoint Health, which operates hospitals and clinics in Iowa, Illinois and Wisconsin, acquired an interest in 2015 in a surgery center in Davenport, Iowa, where orthopedists do hundreds of total...