The Evolution of ASC Joint Ventures: Key Trends for Value-Based Care
As healthcare moves toward value-based care and risk-sharing payment models, hospitals are more interested than ever in joint venture ambulatory surgery centers. Physician-owned and operated ASCs are often more efficient than hospital outpatient departments and provide a higher quality of care at lower costs because they’ve been forced to operate on lower margins for the past several years.
Now, they’re looking for hospital partners as well to leverage managed care contract rates. Traditionally, hospital executives and ASC physician owners have had an adversarial relationship, and some of these tensions remain even as healthcare moves toward more collaborative models of care.