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The Outpatient Surgical Center Industry in the US is Highly Fragmented With the 50 Largest Operators Holding Only About 30 Percent of the Market

Posted on: Friday, 24 March 2006, 12:00 CST

Research and Markets (http://www.researchandmarkets.com/reports/c34773) has announced the addition of Outpatient Surgical Centers - Industry Profile to their offering.

The outpatient surgical center industry in the US includes about 1,500 companies that operate 3,500 freestanding centers, with combined annual revenue close to $9 billion. HealthSouth is one of the largest operators with more than 200 centers. The industry is highly fragmented: the 50 largest companies hold only about 30 percent of the market. A typical center has 30 employees and $5 million of annual revenue.

Demand is driven by advances in medical techniques that allow more procedures to be done outside of hospitals. The profitability of individual centers depends on the volume of patients, as many costs are fixed. Chains that operate several centers have few advantages over single centers because there are no economies of scale in operations. Average annual revenue per employee is about $150,000.

Surgical centers are used by doctors to perform a variety of surgical procedures that don't require patients to stay overnight in a hospital. Typical procedures include eye, orthopedic and hand, and plastic surgery; pain management (spinal injections); podiatry; ear-nose-and-throat surgery; and abortions, endoscopy, and laparoscopy. Outpatient surgical centers - also called ambulatory surgical centers (ASC) - are a lower-cost and more convenient alternative to hospitals. Hospitals generally have a higher cost structure, are often located downtown rather than in the suburbs, have limited availability of operating rooms, and can't always guarantee schedules because of possible

These easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. They synthesize information from hundreds of sources into an easy to digest format, giving you invaluable information about your target market, highlighting critical industry statistics and issues, changes that have taken place since the last quarterly update and key concerns that can have negative or positive impacts on investments. Utilizing the financial and forecasting data while simultaneously learning from educational business overviews can help you and your customers plan more effectively and invest wisely.

These industry reports will educate your sales team on critical industry trends in target markets, empowering them to create more strategic proposals. These industry reports are also essential for professional organizations that want make savvy, educated business decisions.

Key topics covered include:

-- Industry Overview

-- Quarterly Industry Update

-- Business Challenges

-- Trends and Opportunities

-- Call Preparation Questions

-- Financial Information

-- Industry Forecast

-- Website and Media Links

For more information visit http://www.researchandmarkets.com/reports/c34773

Source: Business Wire

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