COVID-19 has changed how all businesses operate, and none are affected more than healthcare. As ASCs receive approval to reopen, how has the virus changed your culture of safety?
In these dark days of closed facilities and furloughed/terminated staff, it is easy to get caught up in how unfair, unforeseen, and terribly depressing this situation has been for ambulatory surgery centers and the world.
We understand that these times continue to make life feel stressful and heavy. We are all affected in different capacities; some are working more, some from home, others are dealing with the stress of not working at all. Some of us live in the states that are considered 'hot-spots' and others are in an area with only a few cases of COVID-19. Some have cancelled major life events, missed out on our big plans, and some have even had to say goodbye to family members and friends.
We haven't lost sight of you. The healthcare field consists of real-life superheroes and our job here at 1MP is to help you through these uncharted waters in any way that we can. No matter how much or how little you feel affected by this, we want to remind you just how appreciated you are each and every day.
We will get through this together and we vow to have your back even after this storm has passed.
With the COVID-19 pandemic evolving daily, the Ambulatory Surgery Center Association (ASCA) has released a list of scenarios in which ASCs can be activated to handle surgical overflow. We’ve summarized the ASCA’s list of options for how ASCs can assist with surge capacity.
A last-minute surgery cancellation can be a costly occurrence. The Association for periOperative Registered Nurses recommends keeping same-day cancellation rates under 2%. This is an exceptionally low rate, but not one that is unachievable. Something as simple as a pre-surgery reminder text can significantly reduce costly cancellations.
The Ambulatory Surgery Center industry is seeing unprecedented growth in 2020. According to the 2019 Ambulatory Surgery Center Market Report, the ASC market is expected to set an all-time record and surpass $40 billion in revenue in 2020 and is projected to hit $50 billion by 2025.
In 2018, nearly 22 million surgeries were performed in the United States with more than half being of the outpatient variety and experts predict this number to increase by roughly 15 percent by 2028. In recent years, more than half of outpatient procedures have been administered in ASCs. As healthcare costs continue to increase steadily, these statistics are expected to trend upwards in 2020 and beyond.
But why the unmistakable draw to ambulatory surgery centers in 2020? The reasons are many and certainly differ depending on each patient’s circumstances, but there are several key benefits that cement the role ASCs play in the healthcare industry.
More and more, hospital systems and private entities are exploring ventures into the ASC market. Here’s what you can do to successfully navigate and flourish under an ownership change.
When opening an ambulatory surgery center, there's lots of planning involved and many expenditures are required. To get your business started on the right foot, here are a few critical (but common) mistakes that can mean failure for your ASC: