Becker's Healthcare July 11, 2023
For many ASCs, cost pressures persist and payers haven’t adjusted to reflect rising costs.
Here are five ASC leaders on reimbursement pressures:
Aric Burke. President and CEO of Atlas Healthcare Partners: Everything is more expensive. Even though reimbursement has technically gone up, so has the expense side. That puts a lot of strain on the profitability of ASCs. You have to manage costs more effectively than before. You have to have a really strong financial plan that not only focuses on cost control, but also growth. Ultimately, you have to be able to have growth through strong physician recruiting, retention, having service lines and other strategies. Being affiliated with a big health system has been effective in driving growth.
...