Articles
Specialties ready for ASC growth in the United States
Some specialties have flourished while others have remained stagnant in the ASC market as there is a continued growth. In order for a specialty to not only survive but thrive in the ASC market there needs to be a seamless shift to outpatient procedures. One of the...
Top 10 states for new ASC construction
If you are a physician or organization looking at new ASC construction there are multiple factors to consider when making that first crucial step on deciding your location. Prominent among them are the area's average physician pay, regulatory environment, amount of...
Stark Law Effects on ASCs
From laws governing physician self-referral to group practice structure, here are six Stark Law updates from 2021 that ASCs should know. 1. Physician self-referral and indirect compensation: CMS tightened regulations on physician self-referral and indirect...
5 things ASCs Need to Know about the No Surprise Act
Starting today January 1st, 2022 many ASCs will have to comply with aspects of the No Surprises Act, a controversial measure aimed to end surprise medical bills for emergency and scheduled care. Here are five things ASCs should know, according to December piece in ASC...
5 major hurdles for ASCs
From COVID-19 to CMS removing 255 procedures from the ASC-payable list, ASCs are facing many obstacles in maintaining profitability. 1. Mitigating the impact of what appears to be a crisis in healthcare manpower for ASCs in terms of resiliency, availability and cost...
8 Federal Updates to know Effecting ASCs
CMS issued warnings to 256 hospitals deemed not in compliance with its price transparency rule as of late September. Here are eight federal updates from the last two weeks: 1. CMS unveiled another rule aimed at protecting patients from surprise billing. The new...
6 surgical innovations defining ASCs
For prospective owners the need occurs for defining ASC industry, has seen distinct surgical advancements in specialties such as cardiology and spine, allowing for more procedures to move to the outpatient setting. 1. Surgical robots Robotic surgery in the ASC...
The biggest threats to ASCs today
ASCs have faced multiple challenges since the pandemic began in March 2020, from limited elective procedures and temporary center closures to staff furloughs and high personal protective equipment costs. Physician owners and operators are looking ahead to future...
How ASCs can remain competitive
Simply provide the most available block time, superbly trained (in bedside manner and skill set) staff and a state-of-the-art facility. This scenario is conducive to attracting surgeons, as well as their patients, and of course the outcomes thereof. We take a close...
ASC industry in 2021: 15 key observations
During the Becker's ASC Review 27th Annual Meeting: The Business and Operations of ASCs, which took place Oct. 21-23 in Chicago, several experts shared insight on the key trends, challenges and opportunities within the ASC industry. Be sure to check out the virtual...
Surgery Center Services of America to open 14 ASCs by October
As Reported by Becker's ASC Review Six of Surgery Center Services' planned ASCs are ophthalmology-based, CEO Philip Blair told Becker's ASC Review. Mesa, Ariz.-based Surgery Center Services of America is planning to open 14 total ASCs by October. Ophthalmology: An...
10 factors that can make or break an ASC in the next 2 years
The pandemic affected ASC case volume and operations in several ways in the last year, with some centers adapting while others are struggling to stay afloat. Here are the factors that could make or break an ASC within the next two years, according to seven...
4 ASC Trends in 2021
While elective surgery restrictions devastated ASC finances in early 2020, the industry largely recovered rapidly and is poised to take on a greater share of procedures in 2021. Four ASC trends that will dominate the space in 2021: 1. Market activity. Driven to reduce...
5 ASC Industry Questions Answered
Through the years at Surgery Center Services of America we have come across common questions from physicians looking to venture into their first Ambulatory Surgery Center. We have compiled those questions about the ASC industry, in hopes of giving you further...
6 details ASC owners need to know about the COVID-19 relief bill
News in the long awaited COVID-19 relief bill has arrived today! President Donald Trump signed the $900 billion COVID-19 relief and $1.4 trillion spending bill into law Dec. 27. Six details: 1. The law adds $285 billion in PPP funding, which was initially established...
12 Practices to Improve ASC Efficiency and Increase Bottom Line
ASC efficiency and increasing revenue are often the two biggest goals for ASC administrators. 1. Integrate a compressed schedule. One of the most impactful things administrators can do is integrate a compressed or vertical schedule. If a center has multiple ORs with...
ASC Market to hit $55 Billion by 2025: 4 Things to Know
With an aging population, advances in technology and surgical volume continually increasing the ASC market is seeing continued growth. According to a report from Research and Markets a business intelligence company. Four growth details to know: 1. The ASC market is...
Is It Too Late To Build An ASC?
By Ronald Blair Ophthalmic practices today are under increasing pressure to get costs under control and to develop ancillary income streams. With this in mind, the question we most often get asked is whether or not it is “too late” to build an ASC for an ophthalmic...