DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Mobile Imaging
Current Location:
> This Story

Log in or Register to rate this News Story
Forward Printable StoryPrint Comment



Business Affairs Homepage

Forces driving healthcare M&A activity Understanding why consolidation is going to continue

Boston Scientific to buy VENITI for $160 million Price may rise pending FDA approval of Vici Venous Stent

Sotera Health's Nordion closes sale of medical isotopes business to BWX Technologies About 150 employees will be transferred in the deal

FDA clears Aidoc AI solution for triaging head CT scans Flags acute intracranial hemorrhage cases by focusing on abnormal regions

Henry Ford Health System and GM enter "Direct to Employer" healthcare contract A first-of-its-kind arrangement for both organizations

Varian to acquire humediQ Global Bringing IDENTIFY automated workflow solution to surface-guided radiation therapy

Brian Tyler McKesson appoints president and chief operating officer

Researchers offer guidance for weighing value in radiology Cost-effective imaging sounds good, but what IS it?

Understanding the cost impact of healthcare consolidation What distinguishes a 'good' merger from a 'bad' one?

Siemens Healthineers to adjust supply networks to minimize tariff hits Expecting 'low single digit million euro impact' on 2018 finances

10,000 locations across the country

U.S. urgent care clinic market hit $15 billion this year

by Lauren Dubinsky , Senior Reporter
The U.S. urgent care clinic market has risen from about $11.8 billion in 2011 to over $15 billion this year, according to market report from Kalorama Information.

There are now more than 10,000 clinics in the country.

Story Continues Below Advertisement

Servicing GE Nuclear Medicine equipment with OEM trained engineers

We offer full service contracts, PM contracts, rapid response, time and material,camera relocation. Nuclear medicine equipment service provider since 1975. Click or call now for more information 800 96 NUMED

UCCs first came about in the 1970s and have grown since then due to rising health care costs and the demand for convenient care.

There were numerous issues with the early centers, so the concept was put on hold until it re-emerged in 2006 in a more sophisticated way, Thomas Charland, founder and CEO of the consulting firm Merchant Medicine LLC, recently told HCB News. Around that time, many former emergency department physicians with a high net worth began investing in their own practices and opening up UCCs.

Health systems have opened their own UCCs to take some of the load off of their emergency room. Other centers were started by entrepreneurial physicians to meet the market need and turn a profit.

The UCC business model is based on convenience — with wait times kept short and most visits taking 10 to 15 minutes. The majority are open seven days a week from 7 a.m. to 8 p.m. and are located in freestanding buildings with adequate parking.

UCCs are different from retail clinics in that they are staffed with physicians and treat a wider range of medical conditions. It's intended to supplement the care from the patient's primary care physician.

"Most of the urgent care center market is related to cold, flu, and throat, [and that] will continue to represent the greatest single source of UCC revenue, followed closely by treatment of lacerations and wounds, and fractures and sprains," Bruce Carlson, publisher of Kalorama Information, said in a statement.

UCCs can be a viable, more affordable alternative to emergency room visits in certain cases. A Health Affairs report from 2010 found that 27 percent of emergency room cases could be seen in UCCs.

Most UCCs have waiting times of 30 minutes or less and the average cost of a visit is $150, compared to a $1,354 visit to the ED, according to a Medical Expenditure Panel survey. A recent white paper from the Urgent Care Association of America estimated that cost savings of UCCs versus emergency departments could be as high as $18.5 billion per year.

The average UCC sees 294 patients per week and about 15,300 per year, according to the report. Patient volume is expected to rise through 2021 to about 300 patients per week, which will increase each UCC's revenue to almost $1.7 million.

Back to HCB News
  Pages: 1

Business Affairs Homepage

You Must Be Logged In To Post A Comment

Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Gold Service Dealer Program
Receive RFP/PS
Healthcare Providers
See all
HCP Tools
A Job
Parts Hunter +EasyPay
Get Parts
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to, Inc. Copyright ©2001-2018, Inc.