Ambulatory Surgery Center Case Study
The ambulatory surgery center (ASC) market is expanding exponentially in recent years and is expected to continue growing at its highest compound annual growth rate (CAGR) from now until 2022 according to MedGadget.
Why are outpatient surgery centers gaining such momentum?
As technology continues to improve and more ASCs are available, the popularity of this type of medical service grows. Plus, many of these settings are quite luxurious in comparison to the state hospital counterparts and patients often prefer the environment. Furthermore, advanced technology has resulted in shorter hospital stays and fewer complications, so it only makes sense that care adapts to allow patients to go home sooner following surgery. Core principles behind …show more content…
As the patient care technology and physiological monitoring capabilities improve at the outpatient centers, "we find ourselves more willing to provide care to those patients who, only a few short years ago," explains Stanford R. Plavin, MD, anesthesiologist, owner of Technical Anesthesia Strategies and Solutions and ASCA board member, "may not have been a suitable ASC patient." Patients with obesity are among the most common who at one time were not considered good candidates for outpatient surgery but are now being accepted and demonstrate favorable outcomes.
Patients are being safely discharged just one-day post-TKA.
Another huge innovation is the concept of safe discharge for patients that undergo total knee arthroplasty (TKA) within just one day of their procedure according to a new study published in the Journal of …show more content…
If your hospital is not offering patients an outpatient joint replacement or spinal surgery option - a competitor or a large orthopedic practice will have already dominated the business for your area and you will not have any shot at those profits.
Multiple practices use the same ambulatory surgery center which improves the standard of care.
One such example of this was illustrated in a recent article published by Ophthalmology Times, a Modern Medicine publication, in which multiple cataract surgeons delivered care with greater safety, efficiency, and speed along with excellent postoperative outcomes by spreading the highest standards of care.
These results do not come without significant challenge, as the article states, "Overcoming these challenges requires a systematic approach that leverages the leadership and experience of early-adopting technology champions, employs consistent and comprehensive communications with all participating practices, and provides administrative support to secure reimbursement."
At The SSI Group, we help ambulatory surgery clinics manage the financial aspects of their business. As such, we will continue to monitor and report on the updates and changes that affect the ASC sector of healthcare
Why are outpatient surgery centers gaining such momentum?
As technology continues to improve and more ASCs are available, the popularity of this type of medical service grows. Plus, many of these settings are quite luxurious in comparison to the state hospital counterparts and patients often prefer the environment. Furthermore, advanced technology has resulted in shorter hospital stays and fewer complications, so it only makes sense that care adapts to allow patients to go home sooner following surgery. Core principles behind …show more content…
As the patient care technology and physiological monitoring capabilities improve at the outpatient centers, "we find ourselves more willing to provide care to those patients who, only a few short years ago," explains Stanford R. Plavin, MD, anesthesiologist, owner of Technical Anesthesia Strategies and Solutions and ASCA board member, "may not have been a suitable ASC patient." Patients with obesity are among the most common who at one time were not considered good candidates for outpatient surgery but are now being accepted and demonstrate favorable outcomes.
Patients are being safely discharged just one-day post-TKA.
Another huge innovation is the concept of safe discharge for patients that undergo total knee arthroplasty (TKA) within just one day of their procedure according to a new study published in the Journal of …show more content…
If your hospital is not offering patients an outpatient joint replacement or spinal surgery option - a competitor or a large orthopedic practice will have already dominated the business for your area and you will not have any shot at those profits.
Multiple practices use the same ambulatory surgery center which improves the standard of care.
One such example of this was illustrated in a recent article published by Ophthalmology Times, a Modern Medicine publication, in which multiple cataract surgeons delivered care with greater safety, efficiency, and speed along with excellent postoperative outcomes by spreading the highest standards of care.
These results do not come without significant challenge, as the article states, "Overcoming these challenges requires a systematic approach that leverages the leadership and experience of early-adopting technology champions, employs consistent and comprehensive communications with all participating practices, and provides administrative support to secure reimbursement."
At The SSI Group, we help ambulatory surgery clinics manage the financial aspects of their business. As such, we will continue to monitor and report on the updates and changes that affect the ASC sector of healthcare