Becker's Healthcare September 18, 2024
Consolidation is on the rise across healthcare, and ASCs are no different. But how does consolidation impact the future and function of ASCs?
1. Cost of care. According to the National Conference of State Legislatures, while some research indicates that consolidation can increase efficiency, many studies conclude that consolidation results in higher healthcare prices, with no indication that higher prices result in improved care.
While ASCs remain largely fragmented, healthcare giants like Optum and Tenet have made a number of moves to acquire ASC chains and physician practice groups. According to KFF, one study that used private insurer data found that an increase in physician-hospital integration was associated with an average price increase of 14% for the same...