How does Partnership to expand surgical care access affect Pennsylvania?
The partnership is expected to lower healthcare costs and boost economic activity across Pennsylvania. The collaboration between the Hospital of the University of Pennsylvania, Independence Blue Cross, and Regent Surgical aims to expand patient access to high-quality surgical care through outpatient settings. This expansion will occur across Penn Medicine's service area, which includes Pennsylvania, and is projected to create jobs and drive local investment in the Greater Philadelphia region. By utilizing Ambulatory Surgery Centers (ASCs), the partnership seeks to lower the total cost of care, as MedPAC reports that Medicare payment rates for most services performed in ASCs are approximately 46% lower than in hospital outpatient departments.
- Effect
- Strong positive
- How direct
- 2 steps, all reported
- When
- Over the long term
- The story
- Gone quiet
How it reaches Pennsylvania
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The Hospital of the University of Pennsylvania and Independence Blue Cross are launching a new company to expand patient access to surgical care. The partnership combines Penn Medicine's clinical expertise with Independence Blue Cross's experience in improving access and affordability. The organizations plan to expand high-quality surgical care in outpatient settings across the region.
The full event1independent outlet -
The partnership brings together Penn Medicine's nationally recognized clinical expertise, Independence Blue Cross's experience in affordability, and Regent's infrastructure to scale ambulatory surgery centers (ASCs).
1 report connects these two. Brind only summarizes; follow a link to read the reporting itself.
- prnewswire.com Sep 24
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hospital in Philadelphia, Pennsylvania
Everything about Hospital of the University of Pennsylvania -
The new centers will support growth across Penn Medicine's service area, which spans Pennsylvania, New Jersey, and Delaware.
1 report connects these two. Brind only summarizes; follow a link to read the reporting itself.
- prnewswire.com Sep 24
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state of the United States of America
Everything about Pennsylvania
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The facts so far
As reported. Each one links to where it comes from.
- The new centers will support growth across Penn Medicine's service area, which spans Pennsylvania, New Jersey, and Delaware.prnewswire.com
- The partnership is expected to create jobs, drive local investment, and contribute to economic growth across Greater Philadelphia.prnewswire.com
- MedPAC reports that Medicare payment rates for most services performed in ambulatory surgery centers are approximately 46% lower than in hospital outpatient departments.prnewswire.com
- Penn Medicine is a $13.7 billion enterprise powered by more than 50,000 talented faculty and staff.prnewswire.com
Why it matters
The healthcare system in Pennsylvania, like many states, faces growing demand for surgical procedures and rising costs. By shifting procedures from traditional hospital outpatient departments to Ambulatory Surgery Centers (ASCs), this partnership directly addresses the need for increased capacity while simultaneously driving down the total cost of care for patients and the state's healthcare payers.
This move aligns with national trends, as outpatient surgical volumes are projected to grow 20 percent through 2035, according to a study by Vizient. The partnership leverages the deep experience of Independence Blue Cross in improving access and affordability, positioning the state to benefit from a scalable model that preserves hospital resources for the most critical cases.
What we don't know yet
- What is the specific timeline for the opening of the new ASC centers across Pennsylvania?
- What is the projected number of jobs and the total local investment expected in the Greater Philadelphia region?
What would change this answer
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About Hospitals
If procedures are shifting to Ambulatory Surgery Centers, how will the traditional hospitals in Penn Medicine's service area adjust their roles or capacity?
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Reporting
- prnewswire.comSep 24
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