Cardiovascular ASC and OBL Solutions
The out-of-hospital landscape is evolving
More procedures are moving to out-of-hospital care settings such as office-based labs (OBLs) and ambulatory surgery centers (ASCs) to increase access to quality care and provide financial and operational benefits for the healthcare system.
But opening and running an OBL or ASC brings unique and complex requirements. You need an expert to help you navigate the process. Partner with Philips, the cardiovascular OBL and ASC experts for physician-owned and hospital-affiliated labs.
Demonstrated results
>350
physicians and hospital networks worked with us as they opened or expanded labs
Have the confidence of knowing Philips can help address requirements and challenges that may surface along the way based on our extensive experience in the cardiovascular OBL and ASC landscape.
60%
of all outpatient surgeries were performed in ASCs in 202012
Compared to 2005 where only 41% of outpatient surgeries were performed in ASCs.
30-35%
of cardiac procedures will be in ASCs10
Lower costs and trends for more convenient and accessible patient care are driving estimates.
11.1%
growth of all ASC procedures11
Due to patient demand, technological advancements and the need for lower cost of care, market forecasts project a decrease in hospital in-patient surgeries over a five-year period, while ASC procedures are expected to grow.
“ASCs are not new to the healthcare industry. It’s newer to cardiovascular medicine. But as more and more of us get into it, and show the data that it is safe, that we are producing high-quality healthcare in the ASCs, patients are going to demand it.”
David Konur, FACHE
Chief Executive Officer
Cardiovascular Institute of the South
Lafayette, Louisiana, USA“I believe that office-based labs and ambulatory surgical centers are really the future of healthcare.”
Craig Walker Salutation, MD
Interventional Cardiologist, Founder and President
Cardiovascular Institute of the South
Lafayette, Louisiana, USA
Footnotes
[1] Certain conditions are required and not all products will qualify.
[2] https://www.cathlabdigest.com/article/Office-Based-Labs-Evolving-Healthcare-Model - Interview with Dr. Carr
[3] www.ascassociation.org/advancingsurgicalcare/aboutascs/industryoverview/apositivetrendinhealthcare
[4] www.ormanager.com/can-hospital-survive-growing-dominance-ascs/
[5] Munnich EL, Parente ST. Procedures take less time at ambulatory surgery centers, keeping costs down and ability to meet demand up. Health Aff (Millwood). 2014 May;33(5):764-9. doi: 10.1377/hlthaff.2013.1281. PMID: 24799572. pubmed.ncbi.nlm.nih.gov/24799572/
[6] www.bain.com/insights/ambulatory-surgery-center-growth-accelerates-is-medtech-ready/
[7] Jain KM, Munn J. Future of vascular surgery is in the office. J Vasc Surg 2010;51;509-14.
[8] www.grandviewresearch.com/industry-analysis/office-based-labs-obl-market
[9] Advisory Board, “ASC Market Update for Suppliers and Service Providers.” Slide 10; data pulled from “Provider of Services files,” CMS, December 2020.
[10] www.bain.com/insights/ambulatory-surgery-center-growth-accelerates-is-medtech-ready/
[11] Advisory Board, “ASC Market Update for Suppliers and Service Providers.” Slide 5; date accessed October 2024.
[12] Medicare Payment Advisory Commission and VMG Health; Fortunebusinessinsights.com
