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.
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.
