While concrete predictions are still difficult to make, the ACA has and will continue to impact the ASC market.
Dallas, Texas, April 13, 2014 - (PressReleasePoint) - While concrete predictions are still difficult to make, the ACA has and will continue to impact the ASC market. In an article published by The Ambulatory M&A Advisor, Carol Lucas of Buchalter Nemer, Dr. Greg Horner of Tri-Valley Orthopedic Specialists Inc., and Matt Burnstein, attorney at Waller Landsen Dortch & Davis, comment on the subject.
An increase in patient volume as a result of the ACA, as well as declining reimbursement rates, has resulted in a trend in 2013 of health systems acquiring a majority interest in physician-owned centers.
“Health systems are partnering with specialty surgery center operators and are acquiring surgery centers while leaving physicians with a 49% interest to keep them invested in the center’s success,” Lucas said.
According to attorney Burnstein, this allows the health system to thereby acquire higher reimbursement.
Dr. Horner sees the increase in patient volume as the biggest opportunity for ASCs going forward.
“The rapid up-phase in volume will be in 2014 when people are signing up for new insurance plans,” Dr. Horner said. “ASCs should take advantage and prepare for that volume. You won’t realize the volume if you don’t have some way to get the word out, and physicians have to be active in doing so.”
To read the full article, “What the ACA Could Mean for ASCs,” visit The Ambulatory M&A Advisor.
The Ambulatory M&A Advisor is a one-stop information destination for business, legal, and transactional insights on Ambulatory Care Centers. With contributions from industry professionals, as well as on-staff writers, the publication recognizes excellence, presents thought leadership and facilitates connections among the industry's leading deal making experts.