The Business of Medicine: Hospital-Based, Academic, Private Practice – Learning How To Succeed (2021 Annual Meeting)-The Business of Medicine: Hospital-Based, Academic, Private Practice

The Business of Medicine: Hospital-Based, Academic, Private Practice - Learning How To Succeed-McIntyre

Video Transcription

Video Summary

In this video, the speaker discusses the rise of ambulatory surgery centers (ASCs) and their potential impact on healthcare. They highlight the value that ASCs bring to healthcare and how owning and controlling the means of production, such as surgery centers and ancillary services, can help improve the value of services provided. The speaker explores the growth of ASCs over the years and predicts that 80% of all surgical procedures will be done in the ASC setting in the next 5 to 10 years. They discuss the cost advantages, efficiency, patient satisfaction, and positive outcomes associated with ASCs, particularly in orthopedic surgeries. The speaker also emphasizes the opportunities and challenges healthcare providers face in establishing and managing ASCs. Overall, they present ASCs as an opportunity for orthopedic surgeons to improve outcomes, lower costs, and maintain autonomy in their practice.

Asset Caption

Dr. Louis McIntyre

Keywords

ambulatory surgery centers

healthcare

value

surgical procedures

orthopedic surgeries