From 2019 to 2023, the number of knee replacement procedures occurring in the outpatient setting increased by 293%.
Additionally, per-case margins for orthopedic procedures are much better in the outpatient setting, with hospitals facing profound financial losses from inpatient orthopedic surgeries.
From 2019 to 2023, ASCs saw a rise in orthopedic procedures as well, performing 15.8% of all orthopedic surgeries in 2019 and 23.5% by 2023.
Overall, outpatient orthopedic volumes rose 29.9%, to 484,857 cases, from January 2022 to May 2023. By contrast, inpatient orthopedic volumes increased to 14,304 in May 2023.
