Becker's Healthcare August 9, 2023
The outlook for the ASC industry looks positive in the coming years, but challenges remain.
Here are four pieces of good news and four pieces of bad news for the ASC industry:
Good news
1. Payers are increasingly pushing procedures to the outpatient setting as cost savings and convenience are enticing patients and insurance companies. UnitedHealthcare’s 2023 site-of-service policy, which went into effect April 1, is one effort from payers that could push procedures to the ASC setting.
2. ASC multiples have increased since the pandemic, according to a report by VMG Health, and they have steadily increased over the last five years. In 2022, the median total invested capital to earnings before interest, taxes, depreciation and amortization...
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