Matthew Searles, managing partner with Merritt Healthcare Solutions, was featured in an article about how the slow down of growth in the ASC market is affecting the industry.
Ambulatory Surgical Centers have seen a drastic decline in growth since their infancy. Searles talks to Becker’s about what challenges and opportunities the industry will face to stay competitive.
While ASCs may struggle to find new physicians to provide growth, that’s not the only stressor. “The [slow down] trend is exacerbated by the proliferation of high deductible plans, which are impacting utilization,” says Matt Searles, a partner with Merritt Healthcare. It may take patients longer to meet the higher deductible which could cause impact volumes and revenues for existing ASCs and make new development projects all the more challenging.
Source: Becker’s ASC Review
To read the full article, please visit Becker’s ASC Review here.
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