MARKET INTELLIGENCE REPORT

Distribution And Decentralization Are Crucial In The Healthcare Sector

Forbes 7/5/2023

·????????Changes in supply and demand have?altered healthcare forever. Competition is increasing and consumer purchasing patterns are changing in ways many health systems are not set up to adapt to.

·????????This is a collective call to arms to create a new future for health care—one that utilizes technology, digital innovation, and partnership to transform our care delivery and overall business models in ways that improve the health status of the communities we serve.

Hospitals urge CMS to weigh rising costs in Medicare pay rule

Modern Healthcare 6/30/2023

·????????CMS?proposed a 2.8% payment update?for the coming fiscal year, which prompted immediate objections from organizations such as the American Hospital Association that the agency underrated the headwinds confronting the industry. The Hospital Inpatient Prospective Payment System final rule is expected next month.

From Hospital to ASC: The Service Lines Going Outpatient

Becker’s 7/7/2023

·????????This article discusses the top 10 ASC service line shifts from hospitals to ASCs between 2016 and 2022, followed by the percent of shifted surgeries.

Florida Legislature Shrinks Supervision Requirements Under Florida Mini-Stark Law

JD Supra 6/30/2023

·????????New Florida legislation,?Senate Bill 768?(2023), amending the Patient Self-Referral Act of 1992 (the Act), also known as the Florida "mini-Stark law," has been signed by Gov. Ron DeSantis and is set to take effect on July 1, 2023.

·????????The Act has drawn attention for imposing supervision requirements on physicians and physician groups that go beyond Medicare's requirements, and these new statutory changes should ease those additional burdens to some extent by removing the physician "direct supervision" language in one of the Act's statutory exceptions.

The cost of knee, hip arthroscopy at ASCs vs. HOPDs: A breakdown

Becker’s 6/9/2023

·????????This article discusses a breakdown of the costs associated with each procedure at an ASC versus an HOPD.

·????????The average cost of a knee arthroscopy with cartilage removal at an ASC is $3,412, compared to $5,226 at a hospital outpatient department, according to data from Sidecar Health's care?price calculator.?