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The Increased Competition of Ambulatory Surgery Centers (ASCs) to US Hospitals

10 Responses

1. Hope Rachel Hetico RN MHA, on June 17, 2012 at 12:22 PM said:

   Office-Based Surgery Provides Greater Autonomy for Physicians

   Office-based outpatient surgeries (OBS) have significantly increased in recent years, with a growing number of specialists electing to perform surgeries in their own offices rather than at outpatient hospitals or ambulatory surgery centers.

   Click to access obs.pdf

   Popularity of OBS has been driven by the potential benefits to provider autonomy, however, commentators have expressed concern regarding the lack of regulation of the physician office setting.

   http://www.Healthcapital.com via
   Hope Rachel Hetico RN MHA

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2. Mike, on June 18, 2012 at 7:28 PM said:

   Hospital-Owned Practices to Receive Lower Medicare Rates Under New Rule

   Physicians and practice managers are not ready to comply with a July 1 deadline for a new Medicare billing policy that would pay lower rates for certain office visits and other services in facility-owned physician practices, associations representing doctors and administrators have told government officials.

   Physician offices wholly owned or operated by hospitals will be required starting on that date to change their coding practices under a regulation from the Centers for Medicare & Medicaid Services. The policy requires a hospital and its entities providing outpatient services to coordinate billing efforts when patients are admitted to the hospital or soon afterward.

   Source: Charles Feigel, AMNews [6/18/12]

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3. Dr. David Edward Marcinko MBA, on November 20, 2012 at 5:47 PM said:

   Big Companies Go Surgery Shopping for Employees

   Increasingly, larger corporations are sending employees and their family members needing hip and knee replacements to a handful of hospitals across the country that agree to a low, fixed rate for surgery and scored well on quality of care.

   http://www.latimes.com/business/la-fi-bargain-surgery-20121117,0,7716044.story

   As former President of a private ASC, I appreciate this effort.

   Dr. David Edward Marcinko MBA
   http://www.CertifiedMedicalPlanner.org

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4. Remy, on March 22, 2013 at 10:04 AM said:

   Inside the ambulatory practice of the future [video]

   Internist David Judge, MD, of the Ambulatory Practice of the Future at Massachusetts General Hospital just spoke with Medical Economics about how the practice engages patients in an effort to improve care and contain costs.

   http://medicaleconomics.modernmedicine.com/medical-economics/news/user-defined-tags/ambulatory-practice-future/inside-ambulatory-practice-futur

   Remy

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5. Dr. David Edward Marcinko MBA, on April 16, 2013 at 9:00 PM said:

   Doctor-Owned Hospitals Prosper Under Health Law

   Doctor-owned hospitals are earning many of the largest bonuses from the federal health law’s new quality programs, even as the law halts their growth.

   http://www.physiciansnews.com/2013/04/16/doctor-owned-hospitals-prosper-under-health-law/?utm_source=4.16.13&utm_campaign=11713&utm_medium=email

   The hospitals, many of which specialize in heart or orthopedic surgeries, have long drawn the ire of federal lawmakers and competitors. They say physicians often direct the best-insured and more lucrative cases to their own facilities, while leaving the most severely ill patients to others.

   But, are they better?

   Dr. David Edward Marcinko MBA
   http://www.CertifiedMedicalPlanner.org

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6. Dr. Issac, on September 24, 2013 at 1:11 PM said:

   Dr. Marcinko,

   The shift away from post-acute hospital-based procedures to ambulatory services, which lack high-cost infrastructures, is “the future of healthcare.”

   Dr. Issac

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7. Joe, on October 23, 2013 at 7:46 PM said:

   The Value of the Non-Equity Model for Surgery Center Management

   When ASCs initially burst on the health care scene, the common practice was for providers to give up significant equity to ASC management and development companies in order to benefit from their expertise.

   In today’s market there is an abundance of ASC expertise; partners no longer need to sacrifice large equity positions to reap the benefits of a management and development company.

   Joe

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8. Editor, on May 21, 2018 at 6:34 PM said:

   Definitive Healthcare: Top 10 ASCs Ranked by Number of Medicare Charges
   

   1. Tower Wound Care Center (CA): $16,775,282; 96,353 Procedures
   2. Center for Cardiovascular Research and Education (AZ): $14,175,090; 1,323 Procedures
   3. Silicon Valley Interventional Surgery Center (CA): $12,200,367; 813 Procedures
   4. River Drive Surgery Center (NJ): $10,276,876; 11,175 Procedures
   5. Ophthalmology Surgery Center Of Dallas (TX): $9,360,424; 9,125 Procedures
   6. Marshfield Clinic – Marshfield Center ASC (WI): $8,856,192; 19,114 Procedures
   7. Fremont Ambulatory Surgery Center (CA): $8,674,363; 6,877 Procedures
   8. University Surgery Center (CA): $8,579,856; 3,549 Procedures
   9. Coronado Surgery Center (NV): $8,475,999; 872 Procedures
   10. Santa Rosa Surgery and Endoscopy Center (CA): $8,189,857; 6,701 Procedures

   Source: Definitive Healthcare, May 4, 2018

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9. Ann Miller RN MHA, on January 25, 2020 at 6:21 PM said:

   ASCs and VALUATION
   https://www.healthcapital.com/hcc/newsletter/01_20/HTML/ASC/convert_asc_technology_hc_topics_1.21.20.php
   Ann Miller RN MHA

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10. Dr .David E. Marcinko MBA, on April 24, 2020 at 5:30 PM said:

    ASCs and TJC

    Click to access AAAHC-Adapting-to-Serve-COVID-19-Hospital-Status_FINAL.pdf

    Dr. David E. Marcinko MBA

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