Outpatient Surgery Magazine - Subscribers

Say Yes to Total Hips - March 2014 - Outpatient Surgery Magazine

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

Issue link: http://outpatientsurgery.uberflip.com/i/272944

Contents of this Issue

Navigation

Page 11 of 146

EDITOR'S PAGE 1 2 O U T P AT 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 | M A R C H 2 0 1 4 We can't fault Dr. Yeh for selling out and seeking shelter. But let's examine why the hospital is forking over a boatload of cash to a sur- geon it let walk away 3 years ago. It's not the naming rights. The hos- pital has renamed the ASC St. John's Hospital Surgery Suites. Nor is it the cataract profits it was surely and sorely missing since Dr. Yeh hung her shingle across town. Pride of ownership and a booming book of business are nice, but the real prize is that the hospital now gets to bill cataract cases at much higher HOPD rates. For 2014, the Medicare rate for cataract removal with IOL insertion (CPT 66984) is $959.97 in an ASC and $1,740.50 in an HOPD, a differ- ence of $780.53. Good intentions and glad reunions aside, Medicare's cockeyed payment rates are what's driving today's ASC-to-HOPD con- versions. Of the 285 ASCs that left the Medicare system from 2009 through 2013, at least 101 were converted to HOPDs, according to the Ambulatory Surgery Center Association. If Dr. Yeh and her colleagues perform the same number of cases this year that they did last year (3,498), St. John's will bill insurers an additional $2.73 million. Whoever thought that the ASC model would be used as a pawn to needlessly drive up healthcare costs? OSM © 2014 Olympus America Inc. Trademark or Registered Trademark of Olympus or its affiliate entities in the U.S. and/or other countries of the world. All patents apply. OAIENE0613AD11270 The World's ONLY Articulating HD 3D Video System The World's ONLY Universal Platforms Deliver Innovative, Cost-Effective Solutions Fully-Integrated Ultrasonic and Advanced Bipolar Technology For More Information contact your local Olympus representative at 800.848.9024 or visit www.medical.olympusamerica.com OSE_1403_part1_Layout 1 3/5/14 11:28 AM Page 12

Articles in this issue

Links on this page

view archives of Outpatient Surgery Magazine - Subscribers - Say Yes to Total Hips - March 2014 - Outpatient Surgery Magazine