Ambulatory surgical centers (ASCs) are in for more challenges in the coming months as well as a new windfall from CMS, all of which will serve to create more challenges (and headaches for billing staff) in 2019 and beyond.
With the emphasis by CMS to implement site-neutral policies to incentivize lower-cost settings, three major outcomes can be predicted, according to Linda R. O’Neill, the Health Industry Distributors Association (HIDA) Vice President of Government Affairs.
- These resulting lower costs are making ASCs much more attractive to potential buyers, such as hospitals looking for mergers and acquisitions in facilities favored by the latest CMS ASC rulings.
- Nearly a fifth of the healthcare executives who responded to HIDA’s survey reported that they are interested in acquiring surgical centers.
- On the other hand, over 70 percent of ASC decision makers don’t anticipate any mergers or acquisitions within the next two years.