Think about the last time you needed information from a vendor, wanted to research a new surgical instrument or needed to choose a restaurant for dinner. If you are like most Americans, you found this information one of two ways:…
Practice Management
The most obvious contributor to a successful and profitable ASC is a group of surgeons with high case volume, and in order to maintain growth, recruitment is essential. When approaching a new physician, it is easy to point to the…
Here are five tips from ASC experts on how to maximize ASC collections and ensure proper and full reimbursement.
When constructing a new hospital or ambulatory surgical center, it is important for facility leaders and project planners to anticipate the surgical instruments their facility will require once opened. Medical device manufacturer Aesculap Inc. provider of surgical instrumentation and orthopedic/spine…
Symmetry Medical, a global orthopedic device manufacturer, reported third quarter revenues at $91.5 million, a 5 percent increase from the total revenue reported during the third quarter of 2009, according to a company news release.
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Benchmarking your ASC's transfer rates and examining data that explains why patients are transferred can help lower rates and increase the number of cases that stay in your surgery center. David Kelly, administrator of Samaritan North Surgery Center in Dayton,…
Payors may build in terms that limit or cap ASCs' ability to get paid for their services while providing the payors more revenue control. Here are five key factors to understand and negotiate into every payor contract.
Physician partners are often natural leaders and obvious choices for administrative positions at orthopedic practices. However, physician leaders face many challenges as they step into leadership roles of small and growing orthopedic practices. Rich Battista, MD, president and physician with…
As the industry matures, more ASCs are facing a set of challenges common in other sectors. Successful surgery centers, for example, are faced with the tricky task of sustaining growth over time, especially as their initial investors retire or otherwise…
Kathleen Whitlow is chief operations officer for Blue Chip Surgical Center Partners. Q: What is a good benchmark range for dollars of inventory on the shelf of an orthopedics-anchored ASC?