Keys for ASC growth: Partnerships, joint ventures and contracting

Becker's Healthcare May 25, 2023
Claire Wallace

While ASCs have key opportunities for growth in the expansion of services being offered, including a migration of orthopedic, spine and cardiac procedures, new partnerships and ownership models can also be critical for development.

Three ASC administrators and executives spoke with Becker’s about the expansion opportunities that lie in vendor contracts, flexible ownership models and employer contracting.

Joseph D’Agostino. Administrator at Advanced Surgery Center Perimeter (Atlanta) and Gwinnett Advanced Surgery Center (Snellville, Ga.): The biggest opportunities for growth in the ASC industry currently are:

– Pent-up surgery demand due to the pandemic.

– The continuous trend of more complex, higher-acuity procedures moving out of the hospital outpatient side and into ASCs.

– Out-of-pocket cost savings for patients.

–...