Healthcare Finance News May 8, 2025
The collaboration is expected to reduce expenses for payers and patients as hospital-based procedures cost up to 167% more than ASCs.
Cleveland Clinic is partnering with Regent Surgical to combine lower ambulatory surgery center rates with the health system’s clinical expertise.
The partnership is expected to reduce expenses for insurers and patients through expanded access to cost-effective outpatient ASC procedures.
Cleveland Clinic and Regent plan to develop future ASC locations in U.S. markets, with the health system the majority owner of the joint venture that will have its branding on the ASCs.
WHY THIS MATTERS
Hospital-based surgical fees are, on average, 101% to 167% higher than those for the same procedures performed in ASCs, according to Regent Surgical.
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