Physicians own all or part of 95% of ASCs
A survey of freestanding ambulatory surgery centers by the American Association of Ambulatory Surgery Centers (AAASC) examined ASC ownership trends between 2004 and 2006. The survey asked for ownership information for the responding ASC facility and then asked the same respondents to answer similar questions about ownership for up to four other ASCs in their geographic markets.
The results of the survey demonstrate that of the almost 5,000 ASCs nationwide, 32% of ASCs have some element of hospital ownership today, a 3% increase from 2004. Hospitals now account for approximately 1,500 ASCs nationwide, according to the AAASC study.
Physician ownership of ASCs has not changed dramatically from 2004 to 2006. ASCs that are owned only by physicians represent 47% of all ASCs. If ASCs with some physician ownership, along with corporate or hospital ownership, are added to the number of ASCs owned exclusively by physicians, a total of 95% of all ASCs have some physician ownership. (Editor's note: Another publication that highlights physician ownership of ASCs, Physician-led ambulatory surgical centers vital to meeting surgical needs of tomorrow, is available through the Foundation for Ambulatory Surgery in America at www.fasa.org. Select "Publications and Services" on left navigational bar, then choose "Other Publication" in the pull-down menu. Scroll down to white paper. Cost is $25 for members and $40 for non-members.)