Becker's Healthcare October 18, 2024
Patsy Newitt

Hospitals are increasingly looking to ASCs as procedures migrate to the outpatient setting.

Not only is the cost-savings potential substantial, ASCs are also often a more preferable setting for patients and physicians. Patients look to ASCs for the convenience while physicians enjoy the autonomy and financial gains offered.

For hospitals, ASCs are a key growth strategy in the race to cut costs. Nashville, Tenn.-based Tenet Healthcare is quickly offloading hospitals as its ASC arm, United Surgical Partners International, booms.

“[Hospitals] are either going to be part of that or they’re going to lose in that race,” Jim Freund, managing partner for Physician Transaction Advisors, told Becker’s. “So you see all the big consolidators out there, and even...

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