Many ASCs have been experiencing shortages of drugs, such as Fentanyl and Versed. While ASCA is working with other affected groups to find a long-term solution to this vexing problem, there are resources currently available where ASCs can help raise awareness of the shortages. The US Food and Drug Administration (FDA) is responsible for tracking… [Read the rest...]
Achieving comprehensive health reform has emerged as a leading priority of the President and Congress. President Obama has outlined eight principles for health reform, seeking to address not only the 45 million people who lack health insurance, but also rising health care costs and lack of quality. In Congress, a number of comprehensive reform proposals… [Read the rest...]
ASCs will be eligible for a portion of $2 billion in grant and loan money available for investment in Health Information Technology (HIT) included in the national economic stimulus package…
Report Reviews the Role of Competition, Provides Recommendations to Improve the Balance Between Competition and Regulation in Health Care
The Federal Trade Commission and Department of Justice today issued a joint report, Improving Health Care: A Dose of Competition, to inform consumers, businesses, and policy- makers on a range of issues affecting the cost… [Read the rest...]
The U.S. leads the world in spending for healthcare. Here, 14-15% of the GDP is allocated to healthcare costs. Per person that adds up to $5,500 per year. In Switzerland the average cost per person is $3,240 and in Canada it is $2,792.
The striking contrast illustrated above leads to the question: What exactly… [Read the rest...]
The General Accounting Office released the second part of a two-part report regarding specialty hospitals. This report is likely to have some influence over the Congressional debate on this topic.
CLICK HERE to view the report.
Medicare issued instruction to ASC Carriers August 8 – Update of the Medicare Rates and Wage Index for Ambulatory Surgical Center (ASC) Payments, Effective October 1, 2003.
The nine group payments that appear on page one of the carrier memorandum are national unadjusted payment amounts, which are then adjusted by the wage index (identified… [Read the rest...]
FASA Facts 5-Year Freeze in Medicare Payments to Ambulatory Surgery Centers Limits Beneficiary Access & Increases Their Out of Pocket CostsWednesday, January 1st, 2003
Section 626 of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 freezes Medicare payments to ambulatory surgery centers (ASCs) until December 31, 2009. Absent the freeze, ASC payments would be updated annually by the increase in the Consumer Price Index for Urban Areas (CPI -U). In the last ten years, ASCs have received… [Read the rest...]