Becker's Healthcare July 27, 2023
Certificate-of-need laws vary by state and consequently can have a huge impact on ASC development in each region.
Michael Chwalek, senior financial analyst at Ambulatory Surgical Center Service of America, joined Becker’s to discuss the effect of certificate-of-need laws on the ASC industry.
Editor’s note: This response was edited lightly for length and clarity.
Question: Can you talk a little bit about the effects that certificate-of-need laws have on the ASC industry as a whole?
Michael Chwalek: On the industry as a whole, I think certificate-of-need laws reduce the positive impact ASCs could have on the healthcare system. They restrict the number of ASCs through rationing and creating a significant barrier to entry. The time and legal and...