16 Financial and Operational Trends for ASCs

Market trends

1. Technavio reports the global ASC market is expected to grow at a 4.36 percent compound annual growth rate through 2020. There will be a continued rise in the minimally invasive surgery market, driving ASC growth.

2. Cardiac surgeries are increasingly becoming minimally invasive and procedures, with aortic valve surgeries and endoscopic robotic cardiac procedures potentially moving to the ASC. Orthopedic surgeries such as total joint replacements and spinal fusions are increasingly performed in the outpatient setting as well.

3. Vertess predicts the trend toward consumer-driven healthcare shopping illustrated by the demand for one-stop shops and on-demand healthcare services pose an opportunity for ASCs and urgent care clinics to attract patients. The company expects ASCs to combine with ambulatory groups, imaging centers and other specialists to provide a superior patient experience.

4. As healthcare moves toward pay-for-performance, bundled payments and shared savings models may present an opportunity for ASCs to thrive in a competitive healthcare environment. Continue…

Laura Dyrda, Beckers ASC

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About Dan

Dan is the Founder and President of Clearwater Florida based Liberty Search Associates a full service executive and management search and recruiting firm. He is a 20 year veteran of the human resource management and recruiting industry. His experience involves sourcing and hiring thousands of people while working for three global corporations. In 2002, Dan was specializing in health care recruitment while working as an executive recruiter for the world’s largest management recruiting firm. By 2003, he gained further healthcare experience while working directly for a Healthcare System as a market recruiter for a division of 15 acute care hospitals in West Central Florida. Here he had the opportunity to recruit all levels of nursing and other healthcare leaders. Dan started Liberty Search Associates in 2004 and recruits highly talented people that are motivated and self-directed. They are proven health care professionals with ability and aspirations for career growth and unique opportunities. Dan works with client hospitals and surgery centers nationwide to bring them the very best talent for key leadership positions. Dan and his wife Donna live near Clearwater, Florida. They have a son, Matthew, who is attending middle school.

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