Ambulatory Surgical Centers IT Services Market Analysis

Service (EHR, Clinical Documentation, Practice Management, Revenue Cycle Management, Supply Chain Management, Patient Engagement)

EHR segment is set to account for more than 28.4% ambulatory surgical centers IT services market share by the end of 2036. Significant growth in the revenue share is driven by the need for various factors such as regular and mandatory technological improvements coupled with the will to provide better operational efficiency and patient care. Based on the data provided by the Office of the National Coordinator for Health Information 2021, nearly 96% of non-federal acute care hospitals and 4 out of 5 office-based physicians constituting 78% had implemented certified electronic health records by 2021. Since 2011, when 28% of hospitals and 34% of physicians had adopted an EHR, there has been a substantial 10-year progress.

Furthermore, in the ASC IT services sector, EHR systems are required for enhancing clinical workflows, streamlining documentation processes, and fostering provider communication. These systems automate and streamline several clinical procedures in ASCs, such as post-operative care, patient registration, intraoperative recording, pre-operative assessments, and billing. This generates a vast amount of data that can be utilized for clinical decision-making, performance monitoring, and quality improvement initiatives. Growth in this sector will fuel the laboratory information management systems market value in the near future.

Solution (Service, Software)

The service segment in the ambulatory surgical centers IT services market is set to be the fastest-growing segment with a staggering CAGR during the forecast period. The market for IT services for ASCs typically comprises a range of goods and services that are tailored to meet the particular technological needs of ASCs. In the context of ambulatory surgery, these services aim to improve operational effectiveness, streamline workflows, ensure regulatory compliance, and improve patient care. providing extensive training programs to ASC staff members to ensure their proficiency with IT tools. This could entail online learning, in-person instruction, and teaching materials.

Moreover, the software segment in the ambulatory surgical centers IT services market is also expected to witness lucrative growth by the end of the forecast period. This growth is propelled by their easy installation which allows professionals to easily manage financial administrative, as well as clinical workflows. Hospitals, providers, and health systems use them to improve patient satisfaction and care quality. Software is used by small and medium-sized medical offices to automate and streamline business-related processes. Additionally, in July 2024, the Agency for Healthcare Research and Quality (AHRQ) stated that patient satisfaction is taken into consideration in various value-based care compensation models, such as the Inpatient Prospective Payment System (IPPS).

Our in-depth analysis of the ambulatory surgical centers IT services market includes the following segments: