Strode Discusses Rise in Surgery Center Transactions with Becker’s ASC Review
06 September 2019
Partner Roger Strode was featured in a Becker’s ASC Review interview about the factors fueling the current rise in ASC activity.
Strode told Becker’s that the move out of acute care hospital facilities and toward outpatient facilities is fueling ASC activity. “ASCs continue to be the most cost-efficient and patient-friendly environments available. CMS continues to expand the list of covered ASC surgical procedures, with eight proposed procedures to add to the ASC list of covered surgical procedures in 2020. These new additions include total knee arthroplasty, a mosaicplasty procedure, as well as six coronary intervention procedures,” he said. “We are also seeing continued interest from hospitals in partnering with physicians in ASC deals, to recapture volume previously lost to physician-only ASC projects and/or to enhance relationships with local physicians. Finally, we see increasing ASC activity as private equity investors continue to acquire proceduralists such as ophthalmologists, gastroenterologists and orthopodiatrists”
Read the complete interview here.
Strode told Becker’s that the move out of acute care hospital facilities and toward outpatient facilities is fueling ASC activity. “ASCs continue to be the most cost-efficient and patient-friendly environments available. CMS continues to expand the list of covered ASC surgical procedures, with eight proposed procedures to add to the ASC list of covered surgical procedures in 2020. These new additions include total knee arthroplasty, a mosaicplasty procedure, as well as six coronary intervention procedures,” he said. “We are also seeing continued interest from hospitals in partnering with physicians in ASC deals, to recapture volume previously lost to physician-only ASC projects and/or to enhance relationships with local physicians. Finally, we see increasing ASC activity as private equity investors continue to acquire proceduralists such as ophthalmologists, gastroenterologists and orthopodiatrists”
Read the complete interview here.
People
Related News
24 April 2024
In the News
Judith Waltz Discusses Nursing Home Staffing Mandate, Potential Legal Challenges
Foley & Lardner LLP partner Judith Waltz offers insight on a new nursing home staffing rule from the U.S. Department of Health and Human Services and its impact on the industry in the Bloomberg Law article, “Nursing Homes, HHS on Collision Path Over Staffing Mandate.”
23 April 2024
In the News
David Sanders Discusses Lessons Learned from General Counsel Leadership Program
Foley & Lardner LLP partner David Sanders recently joined a panel discussion with members of The Vanguard Network’s General Counsels Advisory Group to discuss the evolving role of the general counsel.
23 April 2024
In the News
Claire Marblestone Discusses HHS Final Rule on Protected Health Information Disclosure
Foley & Lardner LLP Claire Marblestone assessed the U.S. Department of Health and Human Services’ final rule that bars providers, health plans, and other entities covered by the Health Insurance Portability and Accountability Act from disclosing protected health information in a Healthcare Dive article.