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Healthcare Business Review | Wednesday, March 27, 2024
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Hospitals have increasingly embraced outpatient services to accommodate patient preferences, reduce healthcare costs, and improve access to care.
FREMONT, CA: The trends reflect changes in healthcare delivery, advancements in medical technology, shifts in reimbursement models, and efforts to improve quality of care while controlling costs. Significant trends have been observed in the performance of hospital outpatient procedures and the associated 30-day costs among Medicare beneficiaries. There has been a notable increase in outpatient procedures performed in hospital settings over the past decade. The trend is driven by several factors, including advancements in minimally invasive techniques, improved anesthesia and pain management, and a shift toward ambulatory care models.
The proliferation of ambulatory surgery centers (ASCs) offering outpatient procedures across the U.S. ASCs provide a cost-effective alternative to hospital-based care for certain surgical procedures, attracting patients seeking convenience, shorter recovery times, and lower out-of-pocket expenses. Medicare beneficiaries have increasingly utilized ASCs for procedures such as cataract surgery, endoscopy, and orthopedic interventions, contributing to the growth of outpatient services. Healthcare reform efforts, including value-based payment models, have incentivized hospitals and healthcare providers to focus on delivering high-quality, cost-effective care.
More emphasis is placed on care coordination, care transitions, and reducing preventable hospital readmissions following outpatient procedures. Hospitals have implemented strategies to improve post-procedure follow-up, patient education, and medication management to optimize outcomes and reduce costs. Hospitals have prioritized patient-centered care and measuring clinical outcomes and patient satisfaction scores for outpatient procedures.