Oil Changes and Knee Replacements: Healthcare’s Shift to Lower-Cost Care

Posted by Prateek Harsh on November 5, 2018

As the final speaker of the day shared his closing thoughts at Becker’s ASC Annual Meeting, held Oct. 18-20 in Chicago, one thing was clearer to me than ever before: Healthcare delivery is finally starting to operate like a “business” similar to what you’d typically expect with most other industries in a free-market model. And ASCs—ambulatory surgery centers—come closest to the free-market model in healthcare. Consumers often are paying a big chunk out of pocket for their treatment and, as a result, shop around for the best price and quality. Similarly, providers are competing to drive efficiency while maintaining costs. With the help of these forces, ASCs are ripe for growth. 

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