Total joint replacement surgery has changed significantly in the past 20 years and is increasingly migrating to the outpatient setting, according to ASA Monitor.
Here are three things to know:
1. Increased awareness of appropriate patient selection, patient readiness and financial considerations are driving this change.
2. In 2014, Medicare TJR payments were estimated to exceed $50,000 per case, paying more than $7 billion in total. Private health plans paid between $26,000 to$40,000 per TJRs nationally in 2016.
3. By performing TJRs on an outpatient basis, costs can be reduced by at least 20 percent.
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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.