Becker's Healthcare July 16, 2024
Hospitals continue to look to ASCs as outpatient surgery becomes more popular and the need to cut costs grows.
Jim Freund, managing partner for Physician Transaction Advisors, joined Becker’s to discuss three trends on the horizon for the ASC industry.
More procedures
There will be continued migration of procedures from the inpatient to the outpatient setting, Mr. Freund said.
This is largely because cost savings at ASCs are “really significant,” he said. Medical procedures can cost as much as 58% more at hospital outpatient departments when compared to a physician office or ASC, according to an analysis by Blue Health Intelligence, the Blue Cross Blue Shield Association’s data analytics company.
Additionally, ASCs are often a more preferable...
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