Today’s revenue cycle is being reshaped by staffing shortages, technology innovations, and payment trends. Revenue excellence can only be obtained when providers reimagine their revenue cycle to yield financial sustainability and growth.

The proliferation of ambulatory surgery centers (ASCs) among private medical practices — including plastic surgery specialists — has been steadily rising for years. The volume of outpatient surgeries performed in ASCs grew 32% over a 12-year span, according to a Bain & Company report. The Covid-19 pandemic has accelerated the expansion of ASCs even further, and there are now estimated to be more than 11,000 ASCs across the U.S.