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24th Annual Meeting: The Business and Operations of ASCs October 26-28, 2017 | Swissotel Chicago 137 LEADING SPEAKERS FROM SURGERY CENTERS 43 PHYSICIANS & 80 ADMINISTRATORS | OVER 155 SPEAKERS TOTAL Keynotes from Andrew Hayek, Bill Walton, Alexa von Tabel & Kirk Herbstreit To learn more & register, visit: www. beckersasc.com/annual-ambulatory- surgery-centers-conference/ BECKER'S ASC REVIEW 15 Things to Know About Total Joint Replacements ere were 4.7 million people living with artificial knees and 2.5 million living with artificial hips in 2014, and that number is expected to grow. By 2030, the volume of total knee replacements is expected to jumps 673 percent and hip arthroplasties are predicted to grow 174 percent. 10 Top States for Physician Compensation e highest compensating state for physicians is North Dakota, where the average physician earns $361,000 per year. e top 10 states are in rural and poorer areas, according to the Medscape Physician Compensation Report 2017. e global ASC market is expected to grow at a 4.36 percent compound annual growth rate through 2020, according to a Technavio report, driven by new minimally invasive procedures and the increasing focus on value-based care. ere has been significant activity in ASC mergers and acquisitions over the past few years, and that activity is expected to continue in 2017. is article includes key trends and statistics from HealthCare Appraisers, Avanza Healthcare Strategies, VMG Health, Technavio and Vertess examining transactions, operational benchmarks, financial benchmarks and overall ASC market activity. e reports include data from ASCs across the country and predictions about where the industry is headed. Key statistics featured in this article cover room utilization, payer mix, net revenue per case, staffing and ASC EBITDA margin. continued on page 26 continued on page 10 continued on page 18 16 Financial and Operational Trends for ASCs Inside the issue: 149 ASCs Performing Total Joint Replacements p. 59 15 Statistics on ASC Staffing p. 12 Top 20 Medicare Procedures in ASCs by Volume p. 12 23 Anesthesia Mergers & Acquisitions in the Past Year p. 21 11 Statistics and Benchmarks for Gastroenterology and ASCs p. 42 17 Facts and Concepts for Anesthesiologists and ASCs p. 8 Anthem Lowers Outpatient Surgery Costs by 5.1% p. 51 INSIDE: Becker's ASC 24th Annual Meeting: The Business and Operations of ASCs May/June 2017 • Vol. 2017 No. 4 SAVE THE DATE 40+ STORIES FEATURED Inside The Issue