Maximizing Profitability at Ambulatory Surgery Centers (Relatable.com)
ASC Device-Intensive Procedures are Growing
Device-intensive procedures in Ambulatory Surgery Centers (ASC) are growing once again in 2019 with 131 new procedures for Medicare beneficiaries. Payment methodology is modified for certain device-intensive procedures each year which the device offset percentage is higher than 30% of the median cost OPPS, meaning the cost of the device is a significant amount of the cost of providing the service.
As one would expect, third-party payers will follow with coverage and payment significantly driving down the cost of outpatient care compared to inpatient procedures. The result of this shift in site service care will result in more ASC facilities being built to keep up with demand and growing same facility surgeries by adding higher acuity cases like joint replacement and spine procedures.
Higher Revenue Per Case Procedures
Service line expansion of higher acuity procedures may require new strategies including physician requirement, practice development and driving patient access through managed care strategies. Knowing exactly what the implant ...
