Becker's Healthcare August 19, 2022
For Greg Horner, MD, managing partner at Pleasanton, Calif.-based HealthPoint Ambulatory Surgery Co., 2008 was the heyday of the ASC industry despite the country’s economic downturn.
“The industry was fairly nascent then, and we were full of ideas as our company was born,” Dr. Horner told Becker’s. “We benefited from great exits as the large chains, fueled by cheap money, were buying everything in sight.”
But the “inefficiencies that were accepted from the heydays gave rise to structural problems,” such as declining staff productivity, anesthesia provision and supply costs, he said.
ASCs nationwide are facing debilitating staffing shortages, anesthesia provider shortages and rising supply costs.
And these obstacles are pricey. Supply costs make up a median 28 percent...