Here’s what you need to know:
1. Summit Orthopedics Vadnais Heights Surgery Center has performed over 1,800 hip and knee replacements since opening in 2014 and expects to perform 800 surgeries in 2017.
2. The AAOS reported total knee replacements tripled between 1993 and 2009 while total hip replacements doubled.
3. The baby boomer generation’s high activity rate coupled with rising obesity rates and advances in cardiovascular healthcare to drive the increased number of operations.
4. Peter Daly, MD, of the Vadnais Heights Surgery Center commented, “People live longer and their skeletons can’t keep up, basically.”
5. Average cost for a total knee or hip replacement surgery at ASCs like Summit is roughly $25,000 before insurance coverage, while the price is often higher at hospitals.
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
