Becker's Healthcare March 29, 2024
Declining reimbursements, staffing shortages and the increase in operating costs are three of the biggest threats ASCs are facing in 2024.
Here is how those problems are impacting ASCs:
Reimbursement struggles
Reimbursements have long been an uphill battle for ASCs.
Five ASC procedures from the top 10 CPT codes from 2023 are projected to experience a decline in reimbursements in 2024, according to a report from VMG Health.
“Procedure reimbursements have failed to keep up with inflation and do not reflect the increased work demands of physicians,” Alyson Engle, MD, a pain medicine physician at Chicago-based Northwestern Medical Group, told Becker’s. “Insurance company profits soar while physician salaries decline. Less physicians will be inclined to stay in the workforce...
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