Becker's Healthcare April 5, 2023
Three ASC leaders joined Becker’s to discuss how declining reimbursements are affecting the ASC industry.
John Peloza, MD. Orthopedic Spine Surgeon, The Steadman Clinic (Vail, Colo.): Because of declining reimbursement, single practitioners and small group practices will not survive. Therefore, medical groups are consolidating, joining, or contracting with hospital systems in order to optimize contracts and reduce overhead. Private equity is another option to capitalize growth for large groups that dominate a geographic area, service line or wish to expand into other geographic areas or service lines. Health systems are also consolidating to leverage their size and economies of scale to maximize their competitive position and manage costs. Bigger is truly better as long as you can manage all...
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