REMEMBER this important event only happens ONCE PER YEAR! Company's revenue for the fiscal year ended December 31, 2018, was NT$18,480.0 million or USD 603.8 million, an increase of . The concept of ASCs is still new in Asia Pacific. Increasing demand for reconstructive surgery has fueled the growth of ASCs owing to the aging population, increasing the safety of surgeries, and growing emphasis on physical appearances. Discounted price for multiple reports across domains, 2. SolarWinds Corporation (NYSE: SWI), a leading provider of powerful and affordable IT management software, today reported results for its third quarter ended September 30, 2019. In January 2017, Surgical Care Affiliates, Inc. (SCA) and Optum entered into an agreement to expand OptumCare’s capabilities in outpatient surgical procedures. Digestive disorders affect around 60 million individuals in the U.S., according to data published by the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK). Over the first half of 2019, CMS added 12 cardiac catheterization procedures to its ASC-covered list. If you would like to recommend an addition to this list, contact Shayna Korol at skorol@beckershealthcare.com.. Proliance Surgeons: 250 Of the 6,150 facilities nationwide, 57% are independent/physician owned, 22% are corporate/ for-profit, and 21% are . North America dominated the ASC market with a share of around 44% in 2019. "We can work with a provider in a larger system in a particular geography to help them manage a facility differently or bring different doctors to bear or do things a little bit differently than they might have thought of.". ASC Coding. The term "outpatient" arises from the fact that surgery patients may enter and leave the facility on the same day. Here are several of the largest orthopedic groups in the United States, ranked by number of physicians on staff. The Pension Administration Market Segment is part of the Core HR and Performance Management product group. Found inside – Page 274Globally, in 2016, only 1 in 100 top seafood companies were run by a woman, and 54% had no women on boards. ... Studies have shown that including women in leadership and management positions fosters community well-being, economic growth ... Boston Consulting Group. The steady rise in CAGR as attributable to this market's demand and . Where 5 major ASC companies stand in 2019: Strategy, market share & more. The plastic surgery segment is anticipated to witness the fastest growth over the forecast period. An unusually high rate of infection of COVID-19 has caught healthcare establishments underprepared in terms of Infrastructure (number of beds, respiratory equipment, PPEs, and others) and human resource. 5245 / june 4, 2019 administrative proceeding file no. Found insideThe Valuation Handbook – U.S. Guide to Cost of Capital, 2011 Essentials Edition includes two sets of valuation data: Data previously published in the 2011 Duff & Phelps Risk Premium Report Data previously published in the ... ASC has also been honored again with "Top 10 Warehouse Management Solution Providers of 2019," and ASC has also received an award for being in Top 5 of all WMS software companies for "Most Useful BLOGS for the Supply Chain." Through the first three quarters, the company's revenue increased 48.3 percent to $1.3 billion. "We continue to advance our agenda both operationally and strategically, as we remain focused on pruning the portfolio, investing in our platforms and processes and deploying capital to continue to execute on our inorganic growth opportunities," said CEO Wayne DeVeydt. Advanced surgical methods in such settings enable tests and procedures to be performed without hospital admission. Post-acquisition, KKR had around 300 ASCs in its portfolio. Swift & Staley's safety and health program is founded on the philosophy that all accidents are preventable, and that safety is the first priority for all work. release no. It is the LARGEST GATHERING of adhesive & sealant professionals in North America and IMPORTANT for your company to attend. Stryker Spine: $2.6 billion in revenue (18 percent increase) 3. ASC Group is the top CA and legal firm in Delhi, India offering global business management consultants over business management Consulting for small. By aligning with OptumCare medical groups (39,000 physicians and growing), we have a compelling opportunity to meaningfully improve surgical care for millions of people," he said. Found insideThis important new work will be a valuable resource for scholars, policymakers, and the informed public alike. High hospitalization costs have also translated into dipping patient admissions in hospitals, with the number of outpatient visits witnessing a surge. The firm partners with leaders in business and society to help them. Top 100 Private Companies Press Release and Logo If your company appears in the 2019 list, you have a few ways to announce it. Regenerative medicine book Visit our logo library to get web- and print-ready graphics. The index contains the 50 largest ASX listed stocks with the cut-off being a market capitalisation of ~$5billion (AUD). The company has ASCs in 21 states performing total joint replacements and reports among total joint replacement patietns, 99 percent return home the same day. The Becker's ASC Review website uses cookies to display relevant ads and to enhance your browsing experience. 11 big acquisitions for spine, orthopedic device companies in 2019 so far. Copyright © 2021 Becker's Healthcare. A core definition of total quality management (TQM) describes a management approach to long-term success through customer satisfaction. On a GAAP basis, reflecting our adoption of the new standard ASC 606 effective January 1, 2019: Total revenue for the third quarter of $240.5 million, representing 12.8% growth on a reported basis. Linking and Reprinting Policy. This collaboration was targeted to help provide high-quality surgical care at low costs to patients. In October, private equity firm KKR completed it's $9.9 billion acquisition of Envision, including AmSurg. Congratulations to the winning companies for 2020. We are GDPR and CCPA compliant! In 2019, the top 10 HCM software vendors in the Pension Administration market segment accounted for nearly 75.3% of the global Pension Administration applications market which grew 5.1% to approach nearly $231 million in license, maintenance and subscription revenues. Based on our analysis, the global market exhibited a decline of 3.7% in 2020 as compared to the average year-on-year growth during 2017-2019. Found inside – Page 53( ASCA, 2019 ) Other health services besides surgery that are increasingly being taken out of the hospital and often, ... 2018 ), hospitals accounted for about one-third of national health expenditures (the largest portion) in 2017, ... Here is a brief overview of the key areas of . Lincoln Property Company is No. In December 2016, SCA collaborated with Midwest Center for Day Surgery. Over the past year, USPI reported 5.1 percent same-facility revenue growth, and case volume increased 3.4 percent. Found inside – Page 59(KKR) agreed to purchase Flextronics Software Systems for $900 million, making the deal India's biggest leveraged ... The management group contributes whatever stock they hold to the new corporation and borrows sufficient funds to ... Altogether, the five largest ASC management companies have added nearly 250 centers to their portfolios since 2011, according to VMG Health. These were the five largest operators as of Dec. 31, 2018, and the number of centers they had under management: 1. Primary elements of TQM. Found insideThis annual publication provides details of taxes paid on wages in OECD countries. By application, the ambulatory surgery center market has been segmented into ophthalmology, orthopedics, gastroenterology, pain management/spinal injections, plastic surgery, and others. Deerfield, Ill.-based Surgical Care Affiliates: 2194. Day one of the conference will be comprised of a general session featuring a series of keynote panels. Nashville, Tenn.-based Envision Healthcare (AmSurg): 2612. The ASX 50 is diversified between 10 GICS Sectors. Here are Forbes' top seven predictions for the healthcare space in 2019: 1. 2014-09, Revenue From Contracts With Customers (Topic 606), companies . The global ASC market is expected to grow at a compound annual growth rate of 6.1% from 2019 to 2026 to reach USD 120.8 billion by 2026. We hope these profiles-in-safety resonate with you, and we invite you to consider applying for the ASC award in 2020. He is chair of the Firm's national Health Transactions Group and managing . b. The index contains the 20 largest ASX listed stocks and accounts for ~47% (March 2017) of Australia's sharemarket capitalisation. Welcome to the 16th annual Insurance Journal Top 100 Independent Property/Casualty Agencies report. "At the same time, we must be thoughtful about our growth. Last September, Executive Vice President and CFO Tom Cowhey participated in the Wells Fargo Securities 2018 Healthcare Conference in Boston. As of 2019, about half of the U . Founded in 1997, Surgical Notes is one of the preeminent nationwide providers of transcription , coding , medical records , billing & collections, and revenue cycle management solutions and services for the ASC industry. With nearly 21,000 employees in over 90 offices in more than 50 countries, Boston Consulting Group ranks as one of America's Largest Private Companies, according to Forbes . The S&P/ASX 50 (XFL) Index comprises Australia's large-cap equites. Found inside – Page 587Surgical Techniques and Disease Management Frank M. Phillips, Isador H. Lieberman, David W. Polly Jr., Michael Y. Wang ... The 5 largest ASC companies own only about 15% of the total ASCs in the USA. "If we can work with some of these PE firms to help leverage our infrastructure as opposed to them having to replicate the infrastructure, we think there is an opportunity to partner with the PE firms to help grow their footprint and scale out of their business at a much more expeditious pace," he said. Overview Survey Says Employee Reviews. "We continue to see the demand increase from patients who want high quality, convenient surgical care and from physicians who can offer their services in a setting that is patient-centric, comfortable and financially affordable.". This can be attributed to changes in lifestyle and excessive intake of high-cholesterol diet and junk food. Regent RCM is an independent division of ambulatory surgery center management and development company Regent Surgical Health. Prior to fiscal 2019 and the adoption of ASC 842, no such impairment would have existed.The Company's Board of Directors believes that it is in the best interest of the Company and its . Over the past two years, the company has added 40 new ASCs, including five new de novo facilities since Jan. 1, and has 16 ASCs in development. 2014 Appraisal Management Company Directory. 4 CVS Health. The world's 500 largest companies generated $33.3 trillion in revenues and $2.1 trillion in profits in 2019. 8 AmerisourceBergen. PIN 19-11-ASC - Fall Awareness Symposium 2019; PIN 19-11.1-ASC - Fall Awareness Symposium 2019 Location Update; PIN 19-12-ASC - Adding or Changing a Management Company to an Existing Residential Care Facility for the Elderly License; PIN 19-13-ASC - Temporary Manager Questions and Answers (Q&A) Document A few key focus areas surrounding . processes. Annual Report 2020 (pdf, 4 MB) Annual_Report_2019 (pdf, 3 MB) Annual_Report_2018 (pdf, 3 MB . Found inside – Page iProvides guidance on how to perform a wide-variety of techniques in spine surgery. Topics covered include immobilization techniques, anterior and posterior approaches, and thoracic spine surgery. 1. 2 Amazon. The ASC Annual Spring Convention & EXPO will be held April 8-10, 2019 at the Philadelphia Marriott Downtown in Philadelphia, Pennsylvania. Avail customized purchase options to meet your exact research needs. The S&P/ASX 20 (XTL) is Australia's narrowest stock market index. The Office of the Comptroller of the Currency (OCC) is issuing this bulletin to remind banks 1 of the new registration requirement for appraisal management companies (AMC) that became effective on August 10, 2019. As noted below, the estimated 2020 payments by Medicare for the top 10 CPT codes for 2019 is projected to increase 2.3% through the estimated 2020 payments. The market is projected to grow from USD 15.10 billion in 2021 to USD 28.21 billion in 2028 at a CAGR of 9.3% in the 2021-2028 period. 3 Apple. The S&P/ASX 50 (XFL) Index comprises Australia's large-cap equites. Sponsored by VMG Health | info@vmghealth.com | 214.369.4888. Rising healthcare costs are a major concern plaguing the industry and with it comes the fact that not many patients can afford the treatment they need, including surgical procedures. Benefits of TQM. "I would expect roll out and to extend those networks over the next several years," he said. Which segment accounted for the largest ambulatory surgery center market share? Found insideEveryone needs a hug in this new, irresistibly funny picture book from Aaron Blabey, the bestselling creator of Pig the Pug! Jerry J. Sokol - McDermott Will & Emery. STRATEGY. In 2020, the largest increase in desirability was for cardiology and vascular procedures, which we believe is attributable to the Centers for Medicare & Medicaid Services' (CMS) recent approval of several cardiology and cardiovascular procedures for payment in the ASC setting, including many catherization, angioplasty and stenting procedures. Clinical Leadership & Infection Control E-Newsletter, 6th Annual Health IT + Revenue Cycle Conference, 27th Annual Meeting: The Business and Operations of ASCs, 530+ ASCs with total joint replacements | 2021, 525 ASCs with total joint replacements | 2021, 100 minimally invasive orthopedic products to know | 2021, 38 foot and ankle surgeons to know | 2020, 65 total knee replacement surgeons to know | 2020, Stark regs tightened on physician group pay for ancillaries: 5 details, ASC execs split on vaccine mandate amid staffing woes, Justice Department targets health system consolidation 'detrimental to our economy', America's wealthiest physician billionaire: 9 things to know about HCA's co-founder, $17B coming for physician groups with pandemic revenue losses, HHS says, KKR, Cornerstone to invest $1B in ASC, physician group real estate, 8 key stats on the impending physician shortage, Here's where elective procedures are being postponed, The 258 procedures CMS plans to cut from the ASC payable list, Hospital sues gastroenterologists attempting to exit contracts: 5 details, Biden to crack down on noncompete agreements through an executive order, CMS proposal lowers physician pay in 2022: 4 details, Hospitals aren't rushing to buy ASCs; here's what's happening instead, Payers shifting strategy to keep physicians independent, Woman dies after shooting at Florida spine office, CMS may stop paying for 258 procedures in ASCs, Adena sues 3 orthopedic surgeons, alleges contract breach, CMS to mandate ASC employees get COVID-19 vaccine or risk losing payment, Watch out doc: 5 worst states for physicians to practice, per Medscape, Anesthesiologist among 2 dead in Tesla crash near Houston, Cardiology group sues SSM Health for $50M over lost hospital privileges: 5 details, Judge sides with pain physician, orders CVS to resume filling his scripts, $7M awarded to former pain center patient's family after alleged prescription denial: 5 details, What ending noncompetes means for ASCs, physicians: 8 notes, Profit sharing, productivity bonuses for physicians: 7 Stark Law updates, Michigan scraps physician supervision requirement for CRNAs, Feds eye $147M paid to ASC, clinic owner for uninsured COVID-19 patient treatment, Physician, wife and grandchildren shot, killed in South Carolina home, OptumCare is changing physician pay to drive revenue growth, 23-clinic pain practice in California closes without explanation, Employers, fed up with insurance companies, turn to ASCs, 24-clinic Florida practice files for bankruptcy, Eye surgery center halts cases 30 days after staff resignations, Surgeon sues to break up IU Health's 'monopoly' on primary care, vascular surgery, 14 states with highest average pay for physicians and surgeons, Orthopedic surgeon's $9M win against Texas ASC overturned, Top 10 ways physicians earn secondary income, Physician signing bonuses reach $240,000, ASCs promote long term ROI, 7 physicians share their worst investments, decisions, 70% of physicians are now employed by hospitals or corporations, New York BCBS policy change drives surgery to ASCs, $23M settlement in sex abuse suit against West Virginia gastroenterologist, National Spine & Pain Center to pay $5.1M billing fraud settlement: 5 details, Optum on track to exceed physician hiring goal, CEO says, How Walmart and Amazon's healthcare moves may affect ASCs, ASC Turnarounds: Ideas to Improve Performance, The key financial concepts and payer trends for ASCs today, ASC Annual Meeting: The Business and Operations of ASCs. When: May 15-18, 2019 (past) Where: Nashville, TN. order instituting administrative and cease - and-desist proceedings pursuant to sections 203(e) and 203(k) of the investment advisers act of 1940, making findings, and imposing 3-19190 in the matter of deer park road management company, lp, and scott e. burg, respondents. In the company's most recent fourth quarter and full year 2018 earnings call Optum CEO Andrew Witty mentioned he was thrilled with the progress of OptumHelath and its ASCs. Auditors of private companies are reviewing clients' efforts to prepare for filing financial statements under the new revenue recognition standard in early 2020. 2019 annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry. Interestingly, Mr. Brodnax sees the emergence of private equity in the ASC space as an opportunity instead of competition. "The primary competition that we continue to see is related to other surgery center companies that are playing in the space," said Mr. Brodnax, on the conference call. SurgCenter Development's 2,200 surgeon partners treat 210,000 patients at the company's centers annually. In 2018, the gastroenterology segment accounted for the largest share in the global market due to a wide presence of gastroenterology departments across the world. A different kind of customer The business model at most medtech companies is designed for large hospitals and provider systems, which have high patient volumes, a broad range of procedural complexity and well-established buying behaviors. We choose the right partners that we know have the potential to be successful with us, and in the right markets. If you are an established center, we can provide assistance increasing profitability. The global ASC market size was estimated at USD 79.6 billion in 2019 and is expected to reach USD 84.4 billion in 2020. b. Free business intelligence platform with subscription, 4. Surgery Partners has more than 180 locations nationwide and 4,000 affiliated physicians. Our facilities began performing these procedures before others in the industry believed it was feasible. This text relates the story of corporate for-profit healthcare scheme, Columbia/HCA. Greystar Real Estate Partners retained the top spot this year, with 451,180 units under management, up from 418,475 in 2018. Under this requirement, AMCs must register with the state or states in which they do business and must be subject to state supervision. Founded in 2003, the Texas Ambulatory Surgery Center Society serves as the surgery center industry's public policy advocate. ASX Top 50 Companies. info@ascgroup.in +91-99990 43311 The index contains the 50 largest ASX listed stocks with the cut-off being a market capitalisation of ~$5billion (AUD). The company offers billers and collectors with an average of more than . Walking into 2021, the World's top 10 IT companies or industries witnessed a little hitch as regards its general revenue.. As per industry reports, the top IT companies in world are spending money more than $4.5 trillion. This has compelled healthcare providers to come up with new ways to make such services more affordable while also focusing on quality. Constituents account for ~62% (March 2017) of Australia's sharemarket capitalisation. 6 Berkshire Hathaway. The list below includes some of the ASC conventions throughout the rest of 2019 and looking ahead to 2020. 6 As described in FASB ASC 946-320-25-1, an investment company shall record security purchases and sales as of the trade date, the date on which the investment company agrees to purchase or sell the securities, so that the effects of all securities trades entered into by or for the account of the investment company to the date of a financial . The current 2020 Annual Report is available here as a PDF document, with previous editions provided below via the links. Coding for Ambulatory Surgery Centers is a specialty unto itself. Found inside – Page 352This is because, typically, both UK and Australian fund-management firms register the equity holdings of each external ... The major shortcoming of a list of largest registered shareholdings is thus clear: it cannot normally provide a ... This book provides a comprehensive, up-to-date summary of drug-coated balloon (DCB) technology and the role of DCBs in the treatment of coronary and peripheral arterial disease. 2. All companies are highly liquid and considered "bluechip" shares. Found inside – Page 490C.09.07 As an early-stage company, TKO's biggest challenge was managing and prioritizing its growth initiatives in a market that was evolving rapidly. The company had filled critical senior management roles and had adequate cash to ... 2. Free upgrade to enterprise license (allows to share across all company locations), 5. Your transaction & personal information is safe and secure. Get your copy now to gain deeper insights on the same. Found inside – Page 373These effects are critical, particularly in an era where intangible assets constitute 20–60% of the values of many companies. Hence, ASC 805/350 increases transaction costs and cost of analysis. In reality, Goodwill consists of various ... A concise, descriptive overview of mangrove plants, with emphasis on individual species. The value of the firm, which . One month after the acquisition, Moody's analyst Jonathan Kanarek said Envision could sell AmSurg for around $3 billion to $3.5 billion purchase price and estimated the sale could reach multiples of 12x to 14x EBITDA as well as generate proceeds net of minority interest of around $1.5 billion to $1.8 billion. We will complete our 40,000th outpatient total joint in the second quarter of 2019.". SCMS credentialing and contracting staff submit and track all applications with third party carriers. 5245 / june 4, 2019 administrative proceeding file no. He said the company sees opportunity to acquire new centers and is poised to remain independent as other large chains become acquired. Largest U.S. fintech companies 2021, by value As of 2020, Stripe was the most valuable fintech company in the United States. 5 UnitedHealth Group. According to the same study, if the ASC share within the Medicare system increased by only 3%, the savings could exceed $57.6 billion over 10 years. The war on terror has a lot to do with the record $413 billion in deficit spending, but it's also the result of pork over the last 18 years the likes of: - $50 million for an indoor rain forest in Iowa - $102 million to study screwworms ... By application, the ambulatory surgery center market has been segmented into ophthalmology, orthopedics, gastroenterology, pain management/spinal injections, plastic surgery, and others. Privacy Policy. Constituents account for ~62% (March 2017) of Australia's sharemarket capitalisation. The hike in outpatient admissions can also be attributed to the adoption of technologically advanced techniques in outpatient centers, rendering treatment cost-effective and speedier. No purchase commitment. Summary. ASCs Continue to Lead Innovation in Outpatient Surgical Care. The discussion of the Company's net sales and operating results is based on specific markets in commercially concentrated locations, which may include separate discussions on territories within a country. The Top 10. This book will teach you how to: Graduate from medical school with as little debt as possible Escape from student loans within two to five years of residency graduation Purchase the right types and amounts of insurance Decide when to buy a ... This website is secure and your personal details are safe. Microsoft today kicked off its 2019 Ignite conference, bringing with it a wave of security-related announcements across its products and services. order instituting administrative and cease - and-desist proceedings pursuant to sections 203(e) and 203(k) of the investment advisers act of 1940, making findings, and imposing As a member firm of Deloitte Touche Tohmatsu Limited, a network of member firms, we are proud to be part of the largest global professional services network, serving our clients in the markets that are most important to them. Click on the stock symbol below to view company details. Choose reports from a database of more than 10,000 reports. The table below reflects a summary of the estimated Medicare ASC payments for 2018, 2019 and 2020 for the top 10 CPT codes performed in ASCs in 2019. June 27, 2019. Found inside – Page 605For example, only 20% could demonstrate that they have a remediation mechanism in place. Overall, Thai Union Group tops the WBA Seafood Stewardship Index 2019 ranking. The company, known for its John West and Chicken of the Sea ... Procedures OptumCare's Surgical Care Affiliates now includes more than 210 surgical facilities, 8,500 teammates and 7,500 physicians that complete 1 million procedures at affiliated facilities per year. Based on our analysis, the global market exhibited a significant growth of 8.7% in 2020 as compared to year-on-year growth during 2017-2019. In the five years since FASB adopted its landmark guidance in Accounting Standards Update No. Found inside – Page 2-2Moreover, with the pending adoption of the new leasing standard on January 1, 2019, for calendar year-end ... will become effective for audit opinions on the financial statements of the largest companies issued after June 30, 2019. # 3. Here are six big companies in spine, based on sales and revenue for the last four quarters reported: 1. The S&P/ASX 20 (XTL) is Australia's narrowest stock market index. The 2019 NMHC Top 50 Managers List ranks the nation's 50 largest multifamily management companies by the number of units in their management portfolios. Found inside – Page 384ASA – The American Society of Anesthesiologists is the largest professional organization of anesthesia providers and ... ASC – Ambulatory surgery center BCPI – A Bundled Payment for Care Improvement Initiative payments was authorized ... b. ("ChipMOS") is one of the world's largest semiconductor services companies, offers a full range of back-end testing services for liquid crystal display (LCD) drivers, high-density memory, and mixed-signal semiconductors. The World's Largest Banks 2021: Banks Grew Larger During The Pandemic, With U.S. And Chinese Banks Dominant. Addition or alteration to country, regional & segment scope. The ASC chain also has several hospital and health system affiliations, including Arlington-based Texas Health Resources, West Des Moines, Iowa-based UnityPoint Health and Fountain Valley, Calif.-based MemorialCare. Annual Report 2020 (pdf, 4 MB) Annual_Report_2019 (pdf, 3 MB) Annual_Report_2018 (pdf, 3 MB . Nov 10, 2019. Major factors contributing to the growth of this market are increasing government funding to advance primary care services and rising coverage for outpatient services. Things like IoT, cloud computing, cyber attacks, online security, etc are the best IT services served to clients the best services. Here is a brief overview of the key areas of focus for each company and where trends in the ASC industry are headed. The global ambulatory surgery center market size was valued at USD 75.2 billion in 2018 and is estimated to register a CAGR of 6.1% over the forecast period. In addition, in December 2016, SCA entered into a partnership with Surgery Center at Doral (SCD) to enhance its presence in Miami. 6. Are you looking for more appraisal orders or just the BEST AMCs to work with? America's Safest Companies 2019: Swift & Staley. 2, with 191,669 units managed, and . We value your investment and offer free customization with every report to fulfil your exact research needs. Japan, China, India, Singapore, Australia, and New Zealand are the major contributors to the growth of the regional market. This is attributable to increasing government funding to advance primary care services and rising coverage for outpatient services. Privacy Policy. Deloitte provides industry-leading audit, consulting, tax, and advisory services to many of the world's most admired brands, including 80 percent of the Fortune 500. In December 2018, Terveystalo acquired Attendo’s Finland-based healthcare services, and the combined operations were likely to start from January 2019. Our UTry ® program gives you the opportunity to try out brand new products from the game's top brands for 14 days for only $25, or $100 for an iron set. Found insideThis Second Edition provides a comprehensive review of the issues facing compensation committees and covers functional issues such as organising, planning, and best practice tips. Repatriation of earnings in a post-tax reform world. The advantages of outpatient surgery over inpatient surgery include greater convenience and reduced costs. 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