Becker's ASC Review

15 Thought Leadership 11 facts and statistics on ophthalmology and ophthalmologists | 2020 By Laura Dyrda Eleven things to know about ophthalmology and ophthalmologists: 1. e average salary for ophthalmologists is $378,000, according to Medscape's "Physician Compensation Report 2020." 2. e average incentive bonus for ophthal- mologists is $85,000. 3. About 36 percent of Medicare-certified ASCs, or 2,806 centers, include ophthalmol- ogy, according to CMS data reported by Ambulatory Surgery Center Association. 4. ere are about 717 single-specialty oph- thalmology ASCs in the U.S., which make up about 25 percent of all single-specialty centers. 5. Among multispecialty Medicare-certified ASCs, about 1,369 centers include ophthal- mology. is is about 47 percent of all multi- specialty ASCs. 6. e average case mix of ophthalmology cases at ASCs is: • Mean: 26 percent • 25th percentile: 11 percent • Median: 21 percent • 75th percentile: 37 percent • 90th percentile: 54 percent is data comes from the VMG Health Intel- limarker. 7. Average revenue per case for ophthalmol- ogy cases is: • Mean: $1,442 • 25th percentile: $1,221 • Median: $1,403 • 75th percentile: $1,643 • 90th percentile: $1,857 8. e ophthalmology case mix by region is: • Atlantic: 24 percent • Midwest: 18 percent • Mountain: 18 percent • Northwest: 20 percent • Pacific: 21 percent • South: 23 percent 9. About 17 percent of ophthalmologists have a net worth of $5 million or more, according to the Medscape "Physician Wealth and Debt Report 2019." Forty-three percent of oph- thalmologists report having a net worth of $2 million or more. 10. About 27 percent of ophthalmologists are still paying off school loans. 11. Ophthalmology lost the most patient vol- ume during the pandemic by specialty, with patient volume down 81 percent year over year, according to a Strata Decision Technol- ogy report. Cataract encounters were down 97 percent and glaucoma encounters were down 88 percent. n Stryker's ASC-focused business: 3 things to know By Angie Stewart E arlier this year, Stryker launched an ASC-focused busi- ness. Three things to know: 1. The business has more than 13,990 unique products in 22 procedural specialties. Spanning preoperative, intraoperative and postoperative usage areas, the products are expected to meet "virtually any patient need" as an ASC grows. 2. Stryker's ASC business offers cash flow optimizing agree- ments, deferred payment programs and leasing options, among other financing solutions. Programs can also be custom- ized to an ASC's individual financial situation. 3. The business segment was launched to meet growing de- mand as total joints and other procedures increasingly migrate from hospital outpatient departments to ASCs. "With the potential to provide over $55 billion per year in healthcare cost savings in the U.S., this rapid shift in site of care is expected to continue over the next few years in the post-pan- demic environment," Stryker said in a July 6 news release. n ASC manager, developer taps VP of business development By Angie Stewart D ave Ewing was named vice president of busi- ness development at Raleigh, N.C.-based Compass Surgical Partners, according to a July 1 announcement. Three things to know: 1. Mr. Ewing will lead CSP's western territory with 20 years of experience at organizations including Pfizer, McKesson and TeamHealth. 2. Mr. Ewing most recently worked at Melville, N.Y.- based North American Partners in Anesthesia, de- veloping anesthesia service contracts with hospitals and surgery centers. He also developed acquisition partnerships throughout the country. 3. He said he chose to join CSP, which is an ASC man- agement and development company, because of its "reputation, expertise and entrepreneurial culture." n

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