Here are five numbers that reflect some of the most pertinent issues in the ASC industry:
1. In its 2024 hospital outpatient prospective payment system, released July 13, CMS suggested a 2.8% average rate increase for ASCs.
2. In CMS' proposed Medicare physician fee schedule for 2024, it pitched a 3.34% conversion factor decrease.
3. Seventy percent of ASCs remain independent as of 2022, according to a report from VMG Health.
4. ASC leaders spend an average of $2.2 million on employee staffing and wages, according to VMG Health's 2022 "Multi-Specialty ASC Benchmarking Study."
5. CMS' reimbursement for anesthesia services has decreased by 2.03% from 2022 to 2023, according to a report from VMG Health.