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Latest News: Media Coverage

ASCs Add Substantial Value To Outpatient Surgery

Monday, October 5, 2020  
Posted by: Dave Anderson

HCAA Executive Forum Presenters Larry D. Taylor and Rebecca R. Craig were just published in Health IT Outcomes. The article, ASCs Add Substantial Value To Outpatient Surgery, was their featured topic when they spoke at our association’s premier event in February 2020.
 
 
ASCs Add Substantial Value To Outpatient Surgery
By Larry D. Taylor and Rebecca R. Craig


Ambulatory surgery centers (ASCs) are not new to the healthcare industry, but recent technological advances and the potential for COVID-19 infection in the hospital setting are driving many third-party administrators to take a deeper look.


Joint procedures, spine procedures, critical diagnostic procedures, and many other surgeries are being performed with great success in ASCs, both in terms of outcomes and cost. One study of savings in ASCs shows they reduce commercial insurance costs by $38 billion annually and save commercially insured patients $5 billion each year. Medicare has been slower to embrace ASCs than commercial payers, but the Centers for Medicare & Medicaid Services’ (CMS) own data shows that, on average, ASC procedures cost about 50 percent of what they cost in hospital outpatient departments (HOPDs).


The full article can be found on Health IT Outcomes.


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