CMS has continued implementing site-neutral policies to incentivize the use of lower-cost settings, according to Health Industry Distributors Association Vice President of Government Affairs Linda Rouse O'Neill.
What this means for ASCs:
1. Increased competition will make hospitals view ASCs an attractive target for mergers and acquisitions.
2. Nearly one-fifth of healthcare executives said they're interested in acquiring surgery centers in a recent survey.
3. However, HIDA's research found 70 percent of ASC decision-makers don't anticipate M&A within two years.