Tag: Growth

Private Equity fuels growth of hospital-owned ASCs amidst rising demand, regulatory loopholes

Editor's Note Private equity investment in hospital-owned ambulatory surgery centers (ASCs) is rising as hospitals seek expansion capital and private equity firms look for profitable partnerships in a growing sector, Modern Healthcare November 4 reports. ASCs have become popular due to their lower costs compared to hospitals, which makes them…

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By: Tarsilla Moura
November 6, 2024
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Offsite sterilization fuels onsite efficiency for lean ASCs

For many in the healthcare industry, imagining surgery without onsite sterile processing seems unthinkable. Then again, performing total joints in an ambulatory surgery center (ASC) was unthinkable 10 years ago. ASC sterile processing departments (SPDs) are generally not designed to handle the high volumes of instrument trays, vendor trays, and…

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By: Lacey Dyer, RN, BSN, CASC
August 28, 2024
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How GLP-1 drugs impact health systems expansion, investment plans

Editor's Note A shuttered bariatric surgery center in Oklahoma last month is just one example of how the rise of Glucagon-like peptide-1 (GLP-1) agonists are reshaping health systems’ investments, Axios reported August 13. Rather than “massive hospital towers with cardiology clinics, dialysis beds and joint replacement centers,” the focus is…

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By: Matt Danford
August 23, 2024
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Survey: ASC volume rising amid limited staffing improvement

Data and surveys

Takeaways • Compared to 2023, the percentage of respondents reporting an increase in open positions for RNs and STs, as well as increased turnover for RNs, remained stable, but fewer reported a drop in ST turnover. • The percentage of respondents reporting hiring more managers set a 9-year record. •…

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By: Cynthia Saver, MS, RN
August 1, 2024
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New report predicts surge in ASC volume over next decade

Editor's Note New findings from health consultant Sg2’s 2024 Impact of Change report projects a 21% increase in ambulatory surgery center (ASC) volume, to reach 44 million by 2034, ASC Focus July 8 reports. An aging population, better diagnostics, and epidemiological factors are driving this demand, Tori Richie, senior consulting…

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By: Tarsilla Moura
July 17, 2024
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US healthcare spending outpaces GDP, tracks toward $7.7 trillion by 2032

Editor's Note Growth in healthcare spending is outpacing nominal economic growth, Hospice News reported June 12. Citing a study from the Office of the Actuary (OACT) at the Centers for Medicare and Medicaid Services (CMS), the outlet reports that healthcare spending’s share of GDP is projected to rise from 17.6%…

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By: Matt Danford
June 13, 2024
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Built to grow: Key elements of planning a new ASC

Are you part of the ambulatory surgery center (ASC) construction boom? Approximately 116 new facilities opened in 2023, according to Becker’s ASC Review, and more are planned for and underway in 2024. The upward trend shows no signs of slowing. Fortune Business Insights projects the US ambulatory surgery center market…

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By: Brendan Dooley
May 24, 2024
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Industry leaders share main growth opportunities for ASCs

Editor's Note Following are various growth opportunities for ambulatory surgery centers (ASCs), as identified by four industry leaders and published by Becker’s ASC Review on May 10: Sean Hartzell, principal of ECG Management Consultants, identified: Growth potential in shifting low- to medium-acuity and single-night stay cases from hospitals to ASCs…

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By: Tarsilla Moura
May 15, 2024
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Academic medical centers identify performance-improvement priorities

Editor's Note Amid a decline in the financial performance of academic medical centers (AMCs), McKinsey surveyed 100 of these institutions about what actions they are taking to improve, according to an April 12 report in Becker’s Hospital Review. According to the Becker’s article, the top 10 “operational levers” indicated by…

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By: Matt Danford
April 17, 2024
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ASCs forecasted to continue seeing major expansion in orthopedic, spine procedures

Editor's Note Ambulatory surgery centers (ASCs) specializing in orthopedic and spine procedures are seeing a surge in growth, Orthopedics This Week April 2 reports. An "Impact of Change Forecast" report from Sg2, a Vizient Inc company, forecasts a 12% increase in orthopedics/spine ASCs in the next 5 years and a…

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By: Tarsilla Moura
April 3, 2024
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