Becker's Healthcare January 6, 2023
Hospitals and health systems faced formidable margin declines in 2022 amid labor shortages, skyrocketing operating costs and declining inpatient volumes.
Many hospitals are looking to ASCs and outpatient surgery to offset these losses and boost revenue, particularly as surgery is increasingly migrating to the ASC setting.
Mike Slubowski, president and CEO of Livonia, Mich.-based Trinity Health, which comprises 88 hospitals across 26 states, told Becker’s that ASCs are a huge growth opportunity for Trinity Health.
“You have to shoot to where the puck is going, and ambulatory surgery is rapidly moving to freestanding ASCs, so we have partnerships with a number of physician groups to do freestanding ambulatory surgery,” he said. “We’re starting to open a lot...