The Road to Improving South Florida’s Healthcare
In the pursuit of affordable and efficient healthcare, ambulatory surgery centers (ASCs) play a vital role. These centers offer cost-effective care and statistically safer clinical outcomes compared to in-patient facilities. For South Florida’s healthcare landscape, ASCs are key to moving towards a more affordable and patient-centric system.
Over the years, there has been a growing disconnect between the manufacturing cost of orthopedic devices and the prices charged to facilities and patients. While precision manufacturing has become highly efficient, the prices for these devices remain inflated, largely due to the high costs associated with deploying sales staff in the operating room. This disparity concerned me during my time as a sales manager for an orthopedic device company. It became apparent that patients were burdened with excessive costs long after their recovery, which conflicted with the goal of improving value across the entire patient-provider-payor spectrum.
The Vital Role of ASCs in Driving Affordable and Safer Healthcare
Although progress in healthcare is not always linear, implementing value-based care initiatives is crucial to creating a fairer and more equitable healthcare system. ASCs, with their streamlined outpatient models, have demonstrated their ability to provide cost-effective care and safer clinical outcomes. With approximately 5,300 ASCs in the U.S., of which more than 90% are owned or partially owned by physicians, they offer a much-needed alternative for elective or non-emergency procedures. This alternative is particularly important as hospitals face capacity constraints.
According to the Ambulatory Surgery Center Association, ASCs have generated significant savings for Medicare, amounting to $28.7 billion between 2011 and 2018. Furthermore, researchers anticipate that advances in orthopedic, cardiology, and spine procedures will lead to an increasing number of outpatient procedures in the near future. ASCs have also shown lower infection rates compared to hospitals and have proven to be more efficient for physicians and patients. Physicians, having a personal stake in reimbursement, are motivated to scrutinize operational costs and protocols, improving efficiency and economics of surgical cases.
Navigating the Challenges of South Florida’s Healthcare
However, the U.S. healthcare system is not without challenges and fluctuations. The Centers for Medicare and Medicaid Services (CMS) recently revised its proposal to eliminate a substantial portion of Medicare’s inpatient-only list, taking into account feedback from stakeholders in the medical device industry. CMS’ decision to revert nearly 300 procedures back to inpatient-only coverage goes against what the industry perceives as the most valuable path forward. Additionally, CMS’ efforts to provide consumers with alternative procedure sites and transparent pricing information have been largely ignored by 86% of U.S. hospitals, despite the mandate taking effect in 2021.
It is frustrating to witness industry manufacturers hindering progress by failing to embrace the flexibility needed to match the growth and value of ASCs. Value-based care is no longer just a buzzworthy term; it is a quantifiable business strategy that ASCs embody. The medical device industry must play its part by providing products and cost-saving opportunities that foster sustainability for healthcare facilities, particularly ASCs.
Fostering Successful Partnerships in South Florida’s Healthcare
Manufacturers offering complex product offerings, costly consultation add-ons, and high-cost solutions will struggle to form successful partnerships in this space. ASCs, reimbursed at 53% of what hospital outpatient departments receive for identical procedures, expect vendors to assist in managing inventory levels, provide affordable alternatives, and be transparent in their pricing methods.
Most importantly, ASCs in South Florida are seeking reliable suppliers who can become valuable partners in a post-pandemic world. Manufacturers that innovate new business models to directly address these issues and aggressively drive down costs across the patient-provider-payor spectrum will be the first to succeed as the ASC market continues to grow. By embracing transparency, industry flexibility, and a commitment to affordability, South Florida’s ASCs can lead the way in improving healthcare outcomes for their patients.
Surgeons – Choose SoFlo Same Day for Ambulatory Surgeries
SoFlo Same Day Surgery Center has implemented various measures to ensure South Florida’s healthcare patient safety. This includes following strict infection control protocols and providing a comfortable and welcoming environment for patients. Furthermore, the center is constantly looking for ways to improve its services and enhance the patient experience. With a team of dedicated and skilled professionals, patients can expect to receive personalized care that meets their unique needs. The center also prides itself on offering a wide range of surgical procedures, from routine to complex, to cater to different patients’ needs. Overall, South Florida’s premier same day ambulatory surgery center is committed to providing the highest quality healthcare services to its patients.
South Florida Same Day Surgery Center serves Pompano Beach and South Florida, offering state-of-the-art ambulatory outpatient surgical services. Therefore, if you are a surgeon considering a move to an ASC, evaluate the specific needs of your practice and patients. South Florida Same Day Surgery Center is a state-of-the-art facility with specialized staff and lower costs. Visit our new office located in Pompano Beach, Florida, and join our outpatient center. We are actively searching for new surgeons. So, start scheduling your surgeries with South Florida Same Day Today. Call (954) 532-1160 to speak with one of their skilled administrators.