Becker's Healthcare September 11, 2024
In August alone there were five major hospital closures in the U.S.
For ASCs, this might result in an influx in patients who have lost access to services through providers at hospitals or HOPDs.
“ASCs will have the ability to pick up additional service lines, potentially boosting revenue, as hospitals continue to shutter services,” Elaina Turner, RN, administrator of New Albany, Ind.-based Commonwealth Pain and Spine, told Becker’s.
However, there are still some procedures and specialties that might face a more difficult transition to the ASC space.
“[N]ot all service lines will be appropriate additions to the ASC. … Hospitals will continue to shutter services that are no longer profitable, but ASCs should use caution in...