Here are the factors that allow physicians to stay independent in some markets:
1. Stable reimbursement: 45 percent
2. Steady referral stream: 53 percent
3. Specialized nature of practice within the local healthcare community: 70 percent
4. Efficient and sustainable cost structure: 50 percent
5. Other: 10 percent
Nearly three-quarters — 73 percent — of the survey respondents said they would prefer not to sell their practices if maintaining independence were profitable and sustainable. And almost all — 94 percent — of the respondents said they thought the marketplace should offer new physician practice models to ensure independence.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
