Outpatient Surgery Magazine

Predictable, Precise Incisions - November 2012 - Outpatient Surgery Magazine

Outpatient Surgery Magazine, providing current information on Surgical Services, Surgical Facility Administration, Outpatient Surgery News and Trends, OR Excellence and more.

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OSE_1211_part1_Layout 1 11/1/12 8:56 AM Page 8 EDITOR'S PAGE economics pushing patients out of the lower-cost surgical environment and back into more costly HOPDs. Yes, apparently it's possible to chase the money and chase your tail at the same time. Attorney Michael Romansky, the vice president for corporate development for the Outpatient Ophthalmic Surgery Society, did the math for cataracts. Each cataract case performed in an ASC instead of an HOPD saves Medicare and the beneficiary more than $700. Nearly 2 million cataract cases are performed yearly. Performing cataract surgery in the ASC saves hundreds of millions of healthcare dollars. • Flipping ASCs to HOPDs. What's the hot new acquisition trend in surgery? Why, it's hospitals snapping up ASCs and converting them to HOPD status for one reason and one reason only. Conferring HOPD status on a surgical center lets a hospital charge significantly more for the same services delivered to the same beneficiaries. (As a bonus, hospitals get to re-employ many of the same surgeons who jilted them years ago to build their surgical centers.) We have CMS to thank for this mess. Meanwhile, the OIG says it's concerned that hospitals may be acquiring ASCs to secure the higher Medicare rates paid for outpatient services performed in hospital-owned surgical centers. Do you think? We'll leave you with this: At a time when the outpatient surgery market is expanding, the number of ASCs is dwindling. Chase the money. Chase your tail. OSM 8 O U T PAT I E N T S U R G E R Y M A G A Z I N E O N L I N E | N O V E M B E R 2012

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