As hospitals continue to seek ways to reduce costs and increase efficiency, many are turning to the ambulatory surgery center (ASC) model. One emerging strategy is converting hospital outpatient departments (HOPDs) into ASCs. This trend is gaining traction as payers push for more care to be delivered in lower-cost settings and patients increasingly prefer the convenience of outpatient procedures. However, the transition from an HOPD to an ASC is not as simple as flipping a switch. While … [Read more...]
ASC Ownership Showdown: Physician, Corporate or Joint Venture
The ambulatory surgery center (ASC) landscape in the United States is made up of several thousand facilities, which can be broadly categorized as physician-owned, corporate-owned, and joint ventures between physicians, health systems and operating partners. Each category carries distinct advantages and disadvantages, making it essential for ASC stakeholders to understand the nuances of each model thoroughly, industry leaders told ASC News. “There are many new and different ASC ownership … [Read more...]