Patients might be very late for traffic, or they miss an appointment, or stop treatment and didn't communicate timely.
Gaps in treatment schedule implode any prospect of big money.
Then there are other schedule issues, some places might need to block time for the anesthesiologist/anesthetist and if you match that schedule block, not having it filled is big loss. But its not as though you can just conjure up patients to fill that potential open schedule. It ebs and flows, just like inpatient, and just like outpatient service inquiries, too.
Other nuances with CMS hard start/stop times pushes back against the classic PACU set up with curtains and moving machine from patient to patient. Anesthesiology can't be working on the the next case until the first case is concluded. That means at most 15min turn over, but a more realistic is 20min. [when I did a PACU based ECT in past, I was doing 30 min blocks, and trying to shave things down to get to 20 min, but just wasn't happening] Some places also push back in OR / PACU giving preference to Ortho or whatever surgical specialist for their patients. So then you risk less time availability for your cases or at minimum idle/down time simply waiting for a bed or room to open up. More than half of ECT is medicare population, so right there income is limited, and a notable chunk can be medicaid too.
So in summary as noted above, the vast majority of ECT services are not a money making service line that's going to get hospital admin to tell ortho they need to wait. In their eyes its at best an opportunity to infill space/personnel underutilization.
The only way to make ECT profitable is some how be in an area with a better payer mix, having enough volume to support 4 or even 5 day service, and have per day treatments that exceed 4 hours of time to mitigate those gaps/cancelations, and if able, have a treatment rate that is faster than every 30 minutes. <--All of this is hard, very hard to achieve.
ECT =/= money. It is a labor of love for the intellect of the procedure, and substantial positive impact it has on patients for drastically improving their function.
*Think you can pull off ECT in ASC? Nope. CMS and many private insurance companies won't reimburse if facility code reflects ASC location. This is its own long story. They have no interest in changing that bureaucratic hiccup.