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4 Common Misconceptions about Ambulatory Surgical Centers (ASC)
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4 Common Misconceptions about Ambulatory Surgical Centers (ASC)
6/26/2023
In this blog, Here our billing experts shared 4 common misconceptions about ambulatory surgery centers and the best ways to run them.

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Ambulatory Surgical Centers or ASCs as it is commonly called were first established in Phoenix, Arizona in 1970 by two physicians who wanted to provide comfortable care to the people in their community so that they could avoid more impersonal venues like hospitals. Slowly over the years with Medicare approving payments to ASCs they have gained prominence and in some cases are scoring over the normal hospitals for certain procedures.

The fact that ASCs provide a high-quality yet cost-effective alternative to the inpatient care provided at hospitals has seen a surge in outpatient centers. Hospitals grappling with scheduling delays, slow operating room turnover, and budget cuts which have impacted the purchase of new medical equipment, coupled with other operational issues that have prompted patients to visit ASCs to receive care.

Industry Snippet

The revenue of the ASC is slated at $28 billion with an expected growth rate of over 5 percent between the years 2010– 015. ASCs are said to have a low level of market share concentration. A case in point being the four largest market players will generate less than 12 percent of the total revenue. However, over the next few years, it is expected that the industry will consolidate with many large ASCs taking over the smaller ones and forging associations with other healthcare providers.

Demystifying 4 Common Misconceptions about Ambulatory Surgical Centers

Ambulatory Surgical Centers and hospitals are not different entities

People should realize that ASCs and hospitals are two different entities. It is not necessary that the kind of facilities that hospitals have ASCs might have them too. Of course, patient care should not be compromised but it would be incorrect to expect the same treatment at an ASC as a hospital.

ASCs can help in getting surgery done cheaply

This is one of the sad misconceptions where people feel that if one needs to get a procedure done cheaply they can avoid a hospital and go to an ASC. However, one needs to remember that ASCs get the same Medicare certification and other accreditations that a hospital needs to get and the motive for ASC is to provide high-quality care at a lower cost compared to a hospital but it is by no means cheap as they have standards to uphold.

ASCs suit everyone

To learn more about The 4 Common Misconceptions about Ambulatory Surgical Centers (ASC), click here: https://bit.ly/3qJ0zBM  Contact us at info@medicalbillersandcoders.com888-357-3226.

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Other articles and publications:

In this blog, we discussed Ambulatory Surgical Center (ASC) billing challenges and ways to counter them. We are confident that these tips will help in improving your ASC collections.
3/22/2023
In this Blog, Here are the top 3 Ambulatory Surgical Center Specialties which have risen in number in recent years and how ASC facilities and billing agencies are keeping every record up to date.
8/10/2023
In this blog, here we discussed Ambulatory Surgical Centers (ASC) and their benefits and growth factors of ASC.
3/27/2023
We discussed Ambulatory Surgical Center (ASC) billing challenges and ways to counter them. We are confident that these tips will help in improving your Ambulatory Surgical Center (ASC) collections.
8/22/2022
Looking for more information about Tips for ASC Billing click here: https://bit. ly/3DXpxo3. also you can get in touch with us at info@medicalbillersandcoders. com or call us at 888-357-3226.
9/28/2022
To get more information about the Benefits of Outsourcing Ambulatory Surgical Centre (ASC) Billing click here: https://bit. ly/3sU45Kd. Get in touch with us at: info@medicalbillersandcoders. com
10/27/2022

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