Outpatient Surgery Magazine

Bring It On- December 2020 - S...

Outpatient Surgery Magazine, providing current information on Surgical Services, Surgical Facility Administration, Outpatient Surgery News and Trends, OR Excellence and more.

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Managing Risk Annual Ambulatory Surgical Center Update Issue Getinge Surgical Workflows Winter 2020/2021 Currently, there are close to 6,000 ASCs in the United States with more than 40% located in just five states: California, Florida, Texas, Maryland, and New Jersey — of these, 65% are single-specialty ASCs. Cataract surgery, with an intraocular lens implant, represents nearly 19% of all procedures performed in an ASC. Other common procedures include upper GI endoscopy and biopsy (7.9%); colonoscopy and biopsy (6.9%); and lesion removal colonoscopy (6.2%). Spinal-related injections for pain management represent 10.7% of all procedures. Orthopedics, ophthalmology, and pain management head the list of ASC specialties, followed closely by endoscopy, plastic surgery, podiatry, ENT, and OB/GYN. Each of these specialty procedures are performed in 21% to 36% of all facilities. A recent KNG Health analysis of Medicare payment data from 2011 to 2018 shows that the Centers for Medicare and Medicaid Services saved $28.7 billion from surgeries performed in ASCs instead of hospital outpatient departments. These savings are expected to increase to $73.4 billion from 2019 to 2028, with $12 billion saved in 2028 alone. Like their hospital OR counterparts, ASCs were adversely affected this year by the restrictions imposed on elective procedures in many states in response to the COVID-19 crisis. Revenue decreases of 30% to 50% have not been uncommon despite the fact that the federal government implemented a "Hospital Without Walls" policy in late March. This policy was designed to ensure that local health systems have the capacity to handle any dramatic influx of COVID-19 patients, allowing institutions to provide hospital services in ASCs, and other approved sites, for the duration of the public health emergency. The policy has served to boost needed revenues for hospitals and ASCs alike. A majority of ASCs expect to move forward with strategic plans formulated prior to the pandemic, with a smaller percentage considering joining an ASC chain or bringing on a private equity partner. ASC 2020 facts, figures, and post-pandemic outlook* * Dyrda L. Beckers ASC Review. 22 Sept. 2020. Web. hps://www.beckersasc.com/asc-coding-billing-and-collections/medicare-to-save-73-4b- with-surgery-in-ascs-through-2028-5-things-to-know.html?utm_medium=email

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