For operators looking to open up a new ambulatory surgery center (ASC), it takes more than just funding, a strategic plan, or even a strong clinical team. In many markets, regulatory stars need to align as well. A certificate of need (CON), for instance, is a regulatory document required in some states before health care facilities, including ASCs, can be constructed, expanded, or significantly altered. For ASC operators, the CON process presents both opportunities and challenges. On one hand, obtaining a CON can provide a significant competitive advantage by limiting the number of ASCs in a given area, reducing the risk of market saturation. On the other hand, the process can be time-consuming and complex, particularly in states with stringent requirements.
Read the full article: CON Laws Present Double-Edged Sword for ASC Operators Balancing Market Control, Expansion //
Source: https://ascnews.com/2024/09/con-laws-present-double-edged-sword-for-asc-operators-balancing-market-control-expansion/