No wonder Greg George is increasing his controlling stake!Study in the March 2024 issue of the North American Spine Society Journal showed outpatient spine procedures grew among Medicare patients between 2010 and 2021, with significant yearly growth at ASCs:1. A cross-sectional study of Medicare billing database information for spine procedures between 2010 to 2021 measured changes in outpatient volume in the Medicare population2. Total number of outpatient spine procedures rose about 193% from 2010 to 20213. CAGR for outpatient cases was 9.9% pa for hospital outpatient departments and 15.7% pa for ASCs4. ASC list grew from 12 procedures to 58 procedures from 2010 to 20215. In 2021, the highest-volume ASC spine code was HCPCS 63047 (lumbar laminectomy, facetectomy and foraminotomy)6. Researchers concluded that findings show increased utilization of outpatient centers for Medicare spine patients. HOPDs were more utilized but "the ongoing additions of spine procedures to the ASC covered procedures list may shift this balance"
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No wonder Greg George is increasing his controlling stake!Study...
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