Becker's Healthcare December 11, 2025
Patsy Newitt

Hospitals that cling to higher HOPD reimbursements and resist ASC development risk getting “left behind,” according to Jim Freund, managing partner at Physician Transaction Advisors.

Mr. Freund joined Becker’s to discuss how these hospitals are missing out.

Editor’s note: This interview was edited lightly for clarity and length.

Question: I’ve heard of hospitals still being hesitant to develop ASCs just because of the high reimbursements they get from HOPDs. What would your message be to those hospitals who are still resisting the shift?

Jim Freund: I think you’re going to get left behind. Almost every engagement we go to in market is with groups that have hospitals in their geographic area, and while a lot of them don’t...

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