Joan Dentler – The Latest ASC Market Trends from Hospital Leaders

Here’s what to expect on this week’s episode. 🎙️

The relationship between ASCs and hospitals is continuously evolving and expanding. With the growing interest in ASCs from payers, physicians, and patients, it’s no surprise that hospitals and health systems have followed suit.

• Is hospital ownership of ASCs accelerating?

• What are the trending ownership dynamics and equity breakouts?

• Do ASC management companies have a seat at the table?

Avanza Healthcare Strategies collected data from hospital CEOs and leaders to better understand these key trends for their 5th Annual Hospital Leadership ASC Survey. Joan Denter joins our host, Nick Latz, to discuss the results. A few highlights:

💸 More than 7 out of 10 hospitals and health systems intend to continue investing in and affiliating with ASCs. Close to 50% of hospital systems now have an ASC footprint.

📈 The trend of hospitals wanting to own 100% of ASCs is rising. Reasons for ASC development include increased surgical capacity, responding to consumer demands for lower costs, and value-based strategies.

🌐 The survey reveals a decline in hospitals using external ASC management companies, dropping from 23% to 12% in five years. Hospitals are now developing in-house ASC divisions, hiring experts from the field.

💡 Noteworthy is the shift in ownership structures, with hospitals negotiating ownership percentages based on the needs of physicians.

🤝 Hospitals recognize ASCs as a vital part of the healthcare landscape, incorporating them into strategic plans.

Read & Download the Full Avanza Intelligence 2023 Hospital Leadership ASC Survey:
https://avanzastrategies.com/intelligence-report/avanza-intelligence-2023-hospital-leadership-asc-survey/

Find the full episode on Apple Podcasts, Spotify, or YouTube to hear all the details.