Tag: ASCs

2023 was transformative for ASC sector: Growth, regulatory changes, strategic consolidations

Editor's Note Becker’s ASC Review on February 13 published an in-depth overview of the ambulatory surgery center (ASC) sector's growth and activity in 2023. It highlights the ongoing trends, market dynamics, regulatory changes, and notable company performances within the industry. Here are some takeaways: Growth and consolidation: The ASC sector…

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By: Tarsilla Moura
March 13, 2024
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ACC launches new data registry for cardiac care in ASCs

Editor's Note The American College of Cardiology (ACC) has introduced the CV ASC Registry Suite, a pioneering data registry targeting cardiac procedures at ambulatory surgical centers (ASCs), Cardiovascular Business February 13 reports. This initiative marks a significant development that reflects the trend of cardiac care shifting from hospitals to ASCs.…

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By: Tarsilla Moura
March 13, 2024
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TPG announces investment in Compass Surgical Partners to fuel growth in ASC joint ventures

San Francisco & Raleigh, North Carolina—(BUSINESS WIRE)—TPG (NASDAQ:TPG), a leading global alternative asset management firm, today announced a significant strategic investment in Compass Surgical Partners (“Compass” or the “Company”), an independent full-service ambulatory surgery center (ASC) development and management partner. TPG Growth, the firm’s middle market and growth equity platform,…

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By: Tarsilla Moura
January 30, 2024
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LiveData to showcase surgical capacity optimization at OR Business Management Conference

CAMBRIDGE, Massachusetts— January 24, 2024—LiveData, a surgical capacity optimization solution company, today announced that it will demonstrate LiveData PeriOp PlannerTM, its innovative approach to optimizing OR utilization, at the annual OR Business Management Conference, being held February 6-8, 2024, in Phoenix, Arizona. LiveData will show how its technology helps hospitals grow…

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By: Tarsilla Moura
January 24, 2024
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KPMG forecasts hospital closures, healthcare and life sciences mergers

Editor's Note:  Investors see particular opportunity for mergers in healthcare and life sciences companies, Chief Healthcare Executive reported January 5. Citing the 2024 outlook of audit, tax, and advisory firm KPMG, the report notes that 61% of investors expect deal-making to increase in these sectors, while only 9% expect to…

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By: Matt Danford
January 12, 2024
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Colonoscopy fees higher for hospitals than ASCs, study finds

Editor’s Note US hospitals charge approximately 55% higher average fees than ambulatory surgical centers (ASCs) for colonoscopies covered by private health insurance. The findings, from the Johns Hopkins Bloomberg School of Public Health, appeared as a research letter in JAMA Health Forum on December 15. The analysis is one of…

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By: Brita Belli
December 18, 2023
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Bill seeks to improve cost transparency, provide relief to patients

Editor's Note The US House of Representatives may vote this week on The Lower Costs, More Transparency Act. Introduced September 8, the proposed act aims to boost healthcare pricing transparency so consumers can make more informed decisions. Key elements include: Hospitals, payers, ambulatory surgery centers (ASCs), and other facilities would…

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By: Brita Belli
December 11, 2023
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ASCs lock in higher Medicare, Medicaid payment rate

Editor's Note Ambulatory Surgery Centers (ASCs) will now receive a 3.1% payment rate from the Centers for Medicare and Medicaid Services (CMS) for services, which is an increase of .3% under the original rule, Becker’s ASC Review December 5 reports. This change in payment rate reflects the average of all…

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By: Brita Belli
December 8, 2023
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ASCs continue to contend with anesthesia provider shortages, inflating costs

Editor's Note There is a major anesthesia provider shortage that has been and continues to impact ambulatory surgery centers (ASCs), and which is driving up costs, Becker’s ASC Review November 29 reports. Meanwhile, reimbursements from payers are declining, straining ASCs’ ability to provide needed care. Some highlights from the Becker’s…

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By: Brita Belli
November 30, 2023
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Breaking down pain treatments in the OR and ASC

Pain treatments have applications in traditional hospital OR settings and ambulatory surgery centers (ASCs). “The choice of setting depends on the specific needs of the patient, the type of procedure being performed, and the resources available,” says Wang Lushun, MD, senior consultant orthopedic surgeon at Arete Orthopaedic Centre in Singapore.…

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By: David Cotriss
November 15, 2023
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