Hospitals are increasingly adding sports medicine clinics to their facilities for extra financial support, according to a Medcity Cleveland report.
Hospitals are feeling the pinch of declining reimbursements, but dedicated sports medicine centers can attract patients from youth athletes to active baby boomers. The clinics become even more attractive because they employ orthopedic surgeons, primary care physicians, nutritionists, athletic trainers and physical therapists, according to the report.
Additionally, most of the patients at sports medicine clinics are younger and have private insurance — a stark contrast to orthopedic surgeons who might deal primarily with patients who have Medicare. The hospital can also capture ancillary revenue from a sports medicine center, such as MRI, according to the report.
More Articles on Sports Medicine:
Dr. Douglas Freedberg Performs Knee Surgery on Oakland A's Scott Sizemore
Dr. James Andrews Performs Tommy John Surgery on Braves Pitcher Arodys Vizcaino
Cleveland Clinic Partners With Case Western on Concussion Consortium
Additionally, most of the patients at sports medicine clinics are younger and have private insurance — a stark contrast to orthopedic surgeons who might deal primarily with patients who have Medicare. The hospital can also capture ancillary revenue from a sports medicine center, such as MRI, according to the report.
More Articles on Sports Medicine:
Dr. Douglas Freedberg Performs Knee Surgery on Oakland A's Scott Sizemore
Dr. James Andrews Performs Tommy John Surgery on Braves Pitcher Arodys Vizcaino
Cleveland Clinic Partners With Case Western on Concussion Consortium