The Surgical Reimbursement Landscape
The case is bundled. The margin lives in where — and how — it's paid.
Surgery is paid as a package, delivered across competing sites, and increasingly billed out of network — so the same procedure can be worth dramatically different amounts depending on the global period, the setting, and the price you can defend.
Nearly every procedure is reimbursed through the global surgical package — pre-operative evaluation, the operation itself, and the standard post-operative period bundled into one payment, with modifiers governing staged and related procedures, assistant surgeons, and co-surgeons. Miss the modifier logic and earned revenue simply disappears into the bundle.
At the same time, general, vascular, and reconstructive cases are migrating from the hospital outpatient department to ambulatory surgery centers and office-based labs, resetting the economics of each case; vascular carries high-cost devices and implants and a growing endovascular OBL book; plastic surgery splits between insured reconstructive work and cash-pay cosmetics; and trauma and emergency general surgery generate the highest out-of-network exposure in medicine — squarely inside the No Surprises Act. Fulcrum works precisely where those forces meet the contract.
Illustrative composition. Replace with your confirmed figures before launch; reflects current CMS site-of-service and No Surprises Act methodology and public payer data, 2024–2026.