Overview
Ambulatory Surgery Centers (ASCs) have seen a significant increase in popularity during the past few years. Currently in the United States, there are 11,555 active centers, representing a 3% year over year increase. Of these centers, 67% remain independently owned, creating a highly fragmented market with the opportunity for Private Equity firms or other consolidators to capitalize on this market. ASCs provide patients with surgical experiences that can be less intimidating than traditional inpatient settings and encompass a variety of medical benefits. Thanks to an improvement in technology and techniques, patients are typically able to leave the facility after surgery and recover in the comfort of their own home. ASCs vary in size and specialty, but 55% have 1-2 operating rooms on site. Over half of all the ASCs in the U.S. are specialized for one type of surgery, but a rising demand for more outpatient procedures has increased the number of multi-specialty ASCs in recent years. In 2024 the Center of Medicare Services (CMS) agreed to cover 3,600 different types of procedures to be performed in ASCs and is expected to continue approving more with advances in technologies.
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