Becker's ASC Review

ASC_March_April_2024 Issue

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March-April 2024 • Vol. 2024 No. 3 What an ASC did to avoid room shutdowns Andrew Lovewell, CEO of Columbia (Mo.) Orthopaedic Group, realized his surgery center had a problem. The demand for services was high, but cases couldn't get scheduled because of gaps in anesthesia coverage. Hospitals target ASCs with new proposals Outpatient revenue for hospitals and health systems jumped 10.6% year over year in January, as hospitals continue to see more complex procedures become safe in the outpatient setting, according to Syntellis. continued on page 7 continued on page 6 continued on page 10 How ASCs are adapting to supply chain struggles Although expense management is always something leaders consider when managing ASCs, in recent years cutting costs has become even more important to grapple with ongoing supply disruptions, increasing costs of supplies and labor and decreasing reimbursements. 30+ STORIES INSIDE Where ASC transactions are heating up p. 26 21 ST ANNUAL Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference Swissotel Chicago June 19-22, 2024 SAVE THE DATE IN THIS ISSUE: Orthopedic MSOs remain popular but other options show promise p. 19 Complex spine surgery can work in ASCs. Here are the steps to get there p. 17 ASC leaders turn to gastroenterology for growth p. 21 The advice CEOs put to use in their 1st year on the job p. 28

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