Becker's Healthcare July 30, 2024
Cardiology is one of the fastest-growing specialties for ASCs, and many leaders feel this growth will only accelerate as payers, investors and physicians realize the opportunities.
Tracy Helmer, administrator of Mesa, Ariz.-based Tri-City Surgical Centers, a cardiology ASC run by Tri-City Cardiology, told Becker’s the migration is “occurring quickly” despite facing payer obstacles.
Private equity recently has taken an interest in the specialty due to a low concentration of private equity in cardiology, the nation’s aging population, and changes to Medicare and Medicaid rules.
Additionally, cardiovascular procedures are less expensive in ASCs than in the hospital outpatient department. For example, catheter placement in the coronary artery for coronary angiography — one of the most common procedures — costs $382...
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