Behind the ASCs facing C.O.N. obstacles in 2023 Certificate-of-need laws, which require healthcare providers to receive government permission to build facilities, are an obstacle for ASC growth in many markets. While many states are working to change these laws, some still pose barriers for ASC leaders. "There are still many states that have pretty restrictive certificate-of-need laws,"...
CON laws: Current Status and Direction Certificate-of-need laws, which govern where providers can build facilities, have been an obstacle to ASC growth for years, but many leaders are hopeful about the policy changes made in 2023. The certificate of need process is lengthy and costly, deterring surgeons and organizations in many states from even considering opening ASCs. Nashville, Tenn.-based...
Private equity turns to cardiology Private equity firms have long used ASCs as investment vehicles, and after courting key ASC specialties like gastroenterology, orthopedics and ophthalmology, they could be looking to cardiology as a new area of growth. "2023 is going to be an interesting year for ASCs. On one hand, the financial climate of high interest rates can potentially limit the borrowing...
CON laws: Where ASC leaders stand Thirty-four states in the U.S. currently have certificate-of-need laws that govern where health systems can build new facilities, including ASCs, based on demonstrated need in an area. Several states — including Georgia, Mississippi and North Carolina — have proposed legislation that would repeal or fix CON regulations, making it easier for ASCs to spread...