Although value-based care models offer the potential for lower costs and improved outcomes in ambulatory surgery centers (ASCs), these types of reimbursement structures remain relatively few and far between. Indeed, only a fraction of ASC-focused physicians are currently involved in value-based arrangements, according to a group of industry leaders who spoke about the topic at a recent conference. One culprit is the complexity of older payer systems that cannot easily adapt to prospective … [Read more...]
Pipeline: Cleveland Clinic Announces Major Expansion, Including New ASC; Sutter Health Announces 2 Outpatient Campuses in Silicon Valley
Cleveland Clinic unveils outpatient expansion Cleveland Clinic unveiled plans to build a new hospital and expand outpatient services in Palm Beach County, Florida including an ambulatory surgery center (ASC). The proposed inpatient hospital will feature approximately 150 beds, an emergency department, a medical office building and the ASC. In addition, Cleveland Clinic will vastly increase its outpatient footprint, nearly quadrupling its current space to include infusion services, imaging, … [Read more...]
Commons Clinic Invests in Spine Surgery Center, Expanding Its ASC Network; Launches Next-Gen Surgical Platform
Commons Clinic has invested $9.75 million in Marina Orthopedic & Spine Institute (MOSI), expanding its ambulatory surgery center (ASC) network and growing its capabilities by launching Theater, a proprietary surgical care platform. It is estimated that by 2028, 85% of health care procedures will be carried out in outpatient settings. Innovation, unique partnerships and new product launches will drive this growth. ASCs increasingly perform complex musculoskeletal procedures at 35% to … [Read more...]