Becker's Healthcare August 12, 2022
The COVID-19 pandemic spurred an economic downturn, and many ASCs are looking to the global recession of 2008 as a blueprint for crafting future growth plans.
ASC leaders are facing 9.1 percent inflation, a 21-year high, as well as impending Medicare reimbursement cuts and increasing overhead costs and staff wages. Some ASC leaders also feel that government stimulus checks and a prioritization of big hospitals has hurt ASCs’ ability to thrive in the long term.
“The artificial flow of government stimulus and its preferential flow to the big hospitals is a situation that was nonexistent in 2008 but has created real challenges this time around,” Sukdeb Datta, medical director of Datta Endoscopic Back Surgery & Pain Center in New York...