Becker's Healthcare November 30, 2023
Although the balance in cardiology care currently leans toward hospitals, cardiology has become the fastest-growing specialty at ASCs due to multiple factors, according to a blog post from consulting firm VMG Health.
Approximately 70% of cardiologists are employed by hospitals, but many hospitals and health systems are increasingly closing or cutting service lines, citing declining patient volumes and rising costs — which poses an opportunity for ASCs.
The migration of higher-acuity procedures — particularly cardiology procedures — to ASCs can be attributed to a rise in demand and lower costs facilitated by conducting procedures in outpatient settings.
From August 2022 to August 2023, cardiology patient volumes increased in four...