Health Industry Distributors Association examined the shift of surgical procedures from inpatient to outpatient settings.
Four takeaways from HIDA's 2019 "Ambulatory Surgery Center Market Report":
1. The U.S. ASC market will reach an estimated up to $55 billion in value by 2025.
2. Most ASCs — 92.9 percent — are in or near cities.
3. The top six ASC chains account for 18.8 percent of total market share.
4. Combined, the top six ASC chains manage 1,300 centers.
More articles on turnarounds:
Pipeline break near surgery center causes Ohio hospital to reschedule some surgeries
2020 ASC budgets: Where 8 execs are spending the most, and key changes for next year
Stark Law changes in the works & 4 other must-read articles