Becker's Healthcare August 19, 2024
Patsy Newitt

Chicago-based Ascension Saint Elizabeth will close and be repurposed as a community asset.

ASCs continue to be affected by hospital closures in their markets.

“ASCs will have the ability to pick up additional service lines, potentially boosting revenue, as hospitals continue to shutter services,” Elaina Turner, RN, administrator of New Albany, Ind.-based Commonwealth Pain and Spine, told Becker’s. “However, not all service lines will be appropriate additions to the ASC… Hospitals will continue to shutter services that are no longer profitable, but ASCs should use caution in implementing new service lines and ensure that staff and providers are trained in those procedures and that the physical space is appropriate for those service lines.”

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Topics: ASC, Health System / Hospital, Mergers & Acquisitions / JV, Provider, Trends
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