Medical inflation in workers’ compensation is back. This article in Managed Care Matters documents the trends that we have seen in our own data. Studies in IN, VA and NJ show significant increases. Facility and hospital costs are driving a lot of this increase. For those of you who do not know the trends in the industry,
Outpatient surgery in an Ambulatory Surgery Center (ASC) costs much less than in an outpatient hospital setting or ASC owned by a hospital. The gap has been growing due to the need for ASCs to compete and be efficient, and regulations and rates as defined by the largest payer in the country, Medicare.ASC reimbursement rates vs.