New Study Finds Billions in Savings Tied to ASCs

The University of California-Berkeley Nicholas C. Petris Center on Health Care Markets and Consumer Welfare conducted a study examining the cost savings that ambulatory surgery centers (ASCs) provide to Medicare and its beneficiaries. The study found that ASCs provide billions of dollars in savings to the Medicare program. Researchers found that ASCs save Medicare $7.5 billion over the four-year period from 2008 to 2011. The study also found that ASCs have the potential to save the Medicare system an additional $57.6 billion over the next decade.

“With policymakers looking for ways to shore up Medicare’s finances and reduce health care spending nationwide, our analysis suggests that ASCs offer a win-win for policymakers and patients,” said Adjunct Professor Brent Fulton of the University of California at Berkeley. “Encouraging patients to seek the care they need in ASCs throughout the Medicare system should be an easy decision. Indeed, depending on the future policy environment, the savings generated by ASCs could exceed our $57.6 billion estimate.” Full Story