Becker's ASC Review

Nov_Dec_2017_ASC (1)

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39% of ASCs are 15+ Years Old, 92% Have Physician Ownership: 14 Statistics on ASCs ASC ownership and outlook is changing, according to ASCA's 2017 Salary and Benefits Survey and Clinical and Operational Benchmarking Survey. Data shows ASCs are more likely to have affiliations than in the past, and most are more than a decade old. Which ASC Company has Grown the Most in 2017? ASC companies are continuing to expand, adding established and de novo centers in 2016. is article details how the large, mid-sized and smaller chains fared over the past year. Hospitals, insurers and employers are eyeing surgery centers and urgent care facilities as a means to provide quality care at a reduced cost, making them prized positions for investors. Large healthcare chains plan to open more freestanding outpatient care centers over the next year. For example, Tenet's hospital admissions have either remained stagnant or dropped since late 2015 while the ASC business, driven by United Surgical Partners International, is thriving. continued on page 10 continued on page 22 continued on page 12 Investors Turn to ASCs, Urgent Care Centers as Hospital Demand Declines Inside the issue: 20 States With the Most ASCs p. 26 7 Hospitals, Health Systems Opening or Planning ASCs p. 22 3 Biggest Opportunities for ASCs Today, 4 Health Reforms That Will Affect ASCs Most in the Future p. 10 Former Virginia Eye Center Administrator Indicted in Embezzlement Case: 5 Things to Know p. 12 Physician's Resignation Drives Virginia Hospital to Close p. 50 Tenet Explores Strategic Options, Including Sale: 9 Things to Know p. 62 California Hospital Files for Bankruptcy After Missing Payroll p. 52 How the CMS Final Rule will Affect Orthopedic ASCs: 5 Key Notes p. 11 First Hill Surgery Center Adds TJR — 5 Insights p. 17 56 Statistics on ASC Operating Expenses per Case, p. 8 November/December 2017 • Vol. 2017 No. 9 Becker's 16th Annual Spine, Orthopedic and Pain-Management Driven ASC Conference + The Future of Spine June 14-16, 2018 | Swissotel, Chicago 222 Total Speakers 140+ Physicians and Surgeons Speaking Keynotes from Andrew Hayek, Joe Montana and Tucker Carlson Call 1.800.417.2035 or email or visit or email Scott Becker, or Jessica Cole, REGISTER TODAY 75+ STORIES FEATURED Inside The Issue

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