Reports from healthcare intelligence company Definitive Healthcare and HealthCare Appraisers outline the revenue generated by ASCs, as well as the top procedures performed.
Definitive Healthcare listed the top 10 procedures at ASCs using 2017 data from its commercial claims analytics platform.
The top 10 procedures:
1. Cataract surgery with intraocular lens implant, 1 stage: 848,563
2. Aspiration from or injection into a major joint (shoulder, hip, knee): 592,390
3. Injection of drug into the eye: 225,248
4. Injection of transforaminal epidural into lumbar.sacral spine: 218,745
5. YAG Laser Capsulotomy; after cataract laser surgery: 181,564
6. Injection(s) of diagnostic or therapeutic substance(s) into lumbar/sacral spine (i.e. anesthetic, opioid, steroid): 143,457
7. Paravertebral injection to facet joint, lumbar/sacral spine, 1 level: 138,535
8. Paravertebral injection to facet joint, lumbar/sacral spine, 2 level: 107,268
9. Injection of nerve block (anesthetic agent): 100,024
10. Create eardrum opening: 97,654
HealthCare Appraisers and the Ambulatory Surgery Center Association collected data from 26 companies, including ASC management companies, investment bankers and business brokers, to compile its report.
Average ASC size in net revenue under management:
- Less than $5 million: 23 percent
- $5 million to $10 million: 57 percent
- $10 million to $20 million: 7 percent
- Greater than $20 million: 13 percent