Operating Environment Overview The pandemic affected ASC case volume and operations in several ways in the last year, with some centers adapting while others are struggling to stay afloat. Here are the factors that could make or break an ASC within the next two years, according to seven administrators and physicians. 1. Case volume ASCs base desired payer rates and budget projections on expected...

Industry trends overview While elective surgery restrictions devastated ASC finances in early 2020, the industry largely recovered rapidly and is poised to take on a greater share of procedures in 2021. Four ASC trends that will dominate the space in 2021: 1. Market activity Driven to reduce healthcare costs, insurers were already steering procedures to ASCs instead of higher-cost hospitals...

ASC Feasibility Overview A feasibility assessment evaluates market demand, financial viability, and operational readiness to determine whether an ASC can succeed in a given region. How can ASCs thrive today? There are three keys that a surgery center does well in and you must ensure that you excel in. The first being productivity for the physicians who work there. Saving money for the payer,...

Industry Legislative Update News in the long awaited COVID-19 relief bill has arrived today! President Donald Trump signed the $900 billion COVID-19 relief and $1.4 trillion spending bill into law Dec. 27. Six details: 1. The law adds $285 billion in PPP funding, which was initially established as part of the Coronavirus Aid, Relief and Economic Security Act. Organizations eligible for the...