ASC INDUSTRY NEWS
OCTOBER 2023
Are independent ASCs the next private equity target?
As inflation continues to pressure the healthcare industry, private equity strategy is expected to shift into the ASC space with greater intensity. ASCs are palatable to private equity due to the cost savings they offer and not at the expense of quality of care.
Source: Becker’s ASC
10 Ways Revenue Cycle Outsourcing Helps ASC Growth
Revenue cycle outsourcing helps ASCs perform, achieve growth goals, and remain competitive in today’s market. Outsourcing ASC billing has many advantages such as improved financial performance and facility/staff efficiency.
Source: Surgical Notes
Education & Training: The Case for Sterile Processing Certification
The sterile processing department has much to gain from official association designation. Sterile processing technicians are critical players in every patient’s care. The technicians who perform this work should be as well-educated and well-trained in cleaning and sterilizing of instruments.
Source: Outpatient Surgery
Flu Vaccination Rates Fall
Flu vaccination rates within the US have fallen drastically. Vaccination coverage was 41.9% during the 2017-2018 season and increased to a high of 46.2% during the 2019-2020 season. Coverage rates then began to decline, reaching a low of 40.3% during 2022-2023.
Source: Pharmacy Practice News
FDA/CDC Recommend Updated COVID-19 Vaccines
The CDC recently released a news release recommending the updated COVID-19 vaccine for everyone six months and older who has not received a COVID-19 vaccine in the past two months. This was following the FDA’s approval of the updated Moderna and Pfizer mRNA COVID-19 vaccines for 2023-2024.
Source: APIC