Becker's Healthcare August 7, 2024
ASCs are flourishing across the country, with payers, patients and health systems taking note of the cost-savings potentials.
One of the biggest hindrances to ASC growth is certificate-of-need laws, which require healthcare providers and systems to get permission from the state before expanding facilities or building new ones.
“I think certificate-of-need laws reduce the positive impact ASCs could have on the healthcare system,” Michael Chwalek, senior financial analyst at Ambulatory Surgical Centers of America, told Becker’s. “They restrict the number of ASCs through rationing and creating a significant barrier to entry. The time and legal and consulting fees required to gain certificate-of-need approval significantly increase the risk of starting a center.”
Many states are amending these laws, opening the...