Becker's Healthcare October 24, 2024
ASCs and hospitals are increasingly joining forces as healthcare consolidation accelerates, and more procedures shift to outpatient settings, driven by payer preferences and patient demand for lower-cost alternatives.
This collaboration is reshaping operational structures and competitive dynamics for both parties.
Bruce Feldman, administrator of Eastern Orange Ambulatory Surgery Center in Cornwall, N.Y., joined Becker’s to discuss how a recent ownership restructuring has transformed his ASCs’ operations. As of February, the ASC transitioned from being majority physician-owned to hospital majority-owned, with Bronx, N.Y.-based Montefiore Health System now holding the majority stake.
With the ownership shift, Mr. Feldman is working to incentivize Montefiore to migrate more hospital-based cases to the ASC.
“In the past, the hospital didn’t want to do...
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