One of the most significant, sector-shaping trends in health care is the migration of care out of the traditional hospital and into lower-cost outpatient settings. Ambulatory surgery center (ASC) market growth reflects this idea. In light of this overarching theme of care shifting into non-traditional settings, the ASC industry has entered into a period of rapid change and fast-paced growth that’s certain to extend into 2025. More private equity investors will turn their attention to … [Read more...]
Key Insights from ASC Leaders: The Quotes That Have Defined 2024
You can often take the pulse of any industry by analyzing the words of its leaders. And while there were plenty of interesting quotes from ambulatory surgery center (ASC) leaders in our reporting this year, a few stood out for their thoughtfulness, candor and relevance. From pricing transparency and strategic partnerships, to navigating compliance and the growing shift towards high-acuity procedures, these quotes capture the essence of the challenges and opportunities facing ASCs … [Read more...]
‘Not Being Forced to Compete on Hospital Terms’: Transparent Pricing Gives Ambulatory Surgery Centers a Leg Up
Over the past decade, Oklahoma City has seen an influx of visitors from out-of-state, and it’s not just for the National Cowboy Museum. The city is home to health care’s new frontier, according to Dr. Keith Smith of the Surgery Center of Oklahoma (SCO). “A $3,000 procedure at my facility is a $30,000 procedure in Miami, Idaho or California,” Smith told ASC News. SCO, co-founded by Smith, is one of the first ASCs in the U.S. to embrace fixed, transparent pricing. His facility offers a … [Read more...]