Becker's Healthcare December 11, 2023
Some ASCs are having to forgo independence, looking to hospital and management company partnerships to handle skyrocketing operating costs.
For Jayesh Dayal, MD, an anesthesiologist at Rockville, Md.-based White Flint Surgery, “remaining independent is becoming impossible.”
“We have absolutely dismal rates, no scope of negotiating anything at our scale — with the insurers or the vendors — and the personnel costs are out of control,” he told Becker’s. “For 2024, we have started talking to national chains, private equity firms and hospital systems to partner with so that the rates get better, the cost of disposables and implants get better and the day-to-day operations and RCM are optimized.”
The ASC market largely remains independent; about 70 percent of ASCs are...
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