Why Outpatient Surgery Centers Are Vital to Obamacare
NEW YORK (TheStreet) -- Are you planning a surgical procedure?
If so, you may want consider so-called "ambulatory" medical centers -- the outpatient surgical centers making a run at hospitals' surgery monopoly that are the topic of a study in the current issue of Health Affairs by health economists Elizabeth Munnich of the University of Louisville and Stephen Parente of the University of Minnesota.
The economists tracked Centers for Disease Control and Prevention data for 52,000 surgical visits at 437 facilities over four years, finding that ambulatory center surgical patients saved an average 25% in costs compared with hospital surgery bills -- a range between $363 and $1,000.
They also found that, despite the lower costs, patient satisfaction outcomes were "just as satisfactory" as hospital surgical outcomes.
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