Contact: Joe Martin, Executive Director
717-232-6787 or
Harrisburg, PA - September 27, 2011 - Ambulatory surgery centers (ASCs) in Pennsylvania remained financially healthy overall in fiscal year 2010 (FY10), according to a new report from the Pennsylvania Health Care Cost Containment Council (PHC4). The statewide average operating and total margins for ASCs were 26.20% and 26.29%, respectively. The margins remained in the 26.00% to 26.30% range over the last three-year period (FY08 to FY10).
The ASCs’ average total margins among the nine regions in Pennsylvania ranged from a low of 17.66% to a high of 35.04%.
“In general, ambulatory surgery centers in Pennsylvania are thriving,” said Joe Martin, Executive Director of PHC4. “After a decade of considerable growth, the number of ASCs increased only marginally between FY09 and FY10.”
Eight new facilities opened and four closed, for a net growth of only four facilities in FY10. In the period from FY01 to FY09, the number of ASCs increased from 98 to 262, an average increase of 18 facilities per year.
ASCs reported 1.0 million outpatient visits and $993.9 million net outpatient revenue during FY10. The number of outpatient procedures performed by ASCs increased only 2.0% during FY10, compared to an increase of 7.2% in FY09.
PHC4’s report on ambulatory surgery centers is the second in its three-part Financial Analysis series. Volume One, released in May, reported on the financial health of general acute care hospitals, and Volume Three, to be released later this year, will focus on non-general acute care hospitals (rehabilitation, psychiatric, long-term acute care and specialty hospitals).
The Pennsylvania Health Care Cost Containment Council is an independent state agency charged with collecting, analyzing and reporting information that can be used to improve the quality and restrain the cost of health care in Pennsylvania. Copies of Financial Analysis 2010, Volume Two are free and available on the Council’s website at http://www.phc4.org.
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