Philips Cardiovascular ASC and OBL Solutions
The out-of-hospital landscape is evolving. Are you ready?
Expand access to care
More procedures are moving to out-of-hospital care settings, such as ambulatory surgery centers (ASCs) and office-based labs (OBLs) due to financial and operational benefits for the healthcare system. Explore the latest trends in the ASC and OBL market and contact one of our ASC and OBL experts to see how our solutions can help you expand access to quality care.
Improve
patient experiences with more personalized, convenient and comfortable care vs hospitals [1,2]
Lower
operational and care costs vs hospital settings [3-6]
Maximize
operations vs hospital outpatient departments[ 6-8]
The recent federal approval of low-risk PCI performed in ASCs has driven a movement of cardiac procedures into these care sites. More states are adding regulations to allow these procedures.
Cardiovascular ASC landscape trends
25%
predicted growth for CV outpatient service lines between 2024 and 2034 [10]
As more states approve regulations to perform cardiac procedures in an ASC, more opportunities to expand access to care are available. Single-specialty cardiac ASCs billing to Medicare saw a 55% compound annual growth rate between 2016- 2021. [9]
Interested in opening or converting a lab to provide cardiac care?
Opening and running an ASC or OBL brings unique and complex requirements. You need an expert to help you navigate the process.
Partner with the experts
We have more of what you need in one trusted place, including a full range of equipment, devices, services and expertise optimized for performance, productivity and efficiency.
Streamlined solutions, one point of contact
Explore our solutions for physician owned labs and hospital-affiliated labs.
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Footnotes
- Carr, J. (2017, November). Office-Based Labs: An Evolving Healthcare Model. Cath Lab Digest, 25(11)
- Ambulatory Surgery Center Association. (n.d.). ASCs: A Positive Trend in Health Care - Advancing Surgical Care.
- KNG Healthcare Consulting LLC & Ambulatory Surgery Center Association. (2020). Reducing Medicare Costs by Migrating Volume from Hospital Outpatient Departments to Ambulatory Surgery Centers.
- Jain, K. M., Munn, J. S., Rummel, M., Vaddineni, S. K., & Longton, C. (2010). Future of vascular surgery is in the office. 51(2), 509–51+D303.
- Fulton, B., Kim, S., & Ambulatory Surgery Center Association. (2013). Medicare Cost Savings Tied to ASCs.
- Fabricant, P. D., et al. (2016). Cost Savings From Utilization of an Ambulatory Surgery Center for Orthopaedic Day Surgery. The Journal of the American Academy of Orthopaedic Surgeons, 24(12), 865–871.
- Tsou, T. C., et al. (2024). Practice patterns of peripheral vascular interventions for peripheral artery disease in the office-based laboratory setting versus outpatient hospital. Journal of Vascular Surgery, 80(5), 1525-1536.e7.
- Munnich, E. L., & Parente, S. T. (2014). Procedures Take Less Time At Ambulatory Surgery Centers, Keeping Costs Down And Ability To Meet Demand Up. Health Affairs, 33(5), 764–769.
- Advisory Board, “4 trends shaping cardiovascular care today .” Slide 20; Date accessed March 2025.
- Sg2, a Vizient company. (2024) 2024 Impact of Change Forecast Highlights. Sg2. Slide 12 https://vizientinc delivery.sitecorecontenthub.cloud/api/public/content/47212a11b76244d2b3bc7f0e0db086e5. Date accessed March 2025.
- Advisory Board, “2023 Cardiovascular Market Trends.” Slide 24; Date accessed March 2025.
- The American Journal of Managed Care November 2024, "Privately Negotiated Facility Fees at Ambulatory Surgery Centers and Hospitals" Source: UnitedHealth Group, September 2021 https://doi.org/10.37765/ajmc.2024.89624. Date accessed June 2025
Disclaimer
“The Advisory Board” is an independent healthcare research firm.
“Sg2” is a healthcare analytics and consulting firm.
Results are specific to the institution where they were obtained and may not reflect the results achievable at other institutions. Results in other cases may vary.
Expand access to care with Philips ASC and OBL Solutions