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Difficult Airways - April 2015 - Outpatient Surgery Magazine

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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Tenet's and USPI's shared strategy to expand our ambulatory service offerings to meet growing consumer demand for services that are provided in a lower cost, more convenient setting and that are aligned with the long-term transition to value-based care," says Mr. Fetter. • Market forces. Tenet's move comes as a direct response to healthcare reform. As more Americans obtain health insurance under the Affordable Care Act through government-run marketplaces and an expansion of the Medicaid program for the poor, healthcare providers are gaining more insured patients and federal subsidies to hospitals are being scaled back. Value-based care is spreading, too. The deal comes as private and public insurers shift away from the traditional fee-for-service approach to value-based pay that's tied to outcomes, performance and quality of care. One analyst said the deal gives Tenet "a good growth driver to offset the pressures of backloaded reimbursement cuts with Obamacare." The Tenet-USPI deal also signals that the fragmented ASC sector is ripe for consolidation. It's fair to question the future of USPI's competitors, Amsurg and Surgical Care Affiliates, as well as independent, physician-owned ASCs. "ASC management companies like USPI and Tenet have been leaders in advancing the ASC model to where it is today — a solution to the high cost of health care and a safe place for millions of patients to receive care," says William Prentice, chief executive officer of the Ambulatory Surgery Center Association. "I fully expect their new relationship to maintain that trend in the markets they operate in. That said, there

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