Performing complex spine surgeries in an ASC provides both financial and quality of care benefits to the facility, its surgeons and, most importantly, to its patients. ASCs offer flexibility of scheduling, on-time starts, low infection rates, reduced costs and high…
Practice Management
Kathie Stewart, administrator at Cascade Spine Center in Tualatin, Ore., discusses four ways the spine center is working to maintain profitability despite declining reimbursements.
Administrator Glenda Beasley, RN, from Kentucky Surgery Center in Lexington, offers practical guidance on how to maintain profitability and high case volume in an orthopedics-driven ASC. Kentucky Surgery Center has performed more than 10,000 cases annually since 2007.
Here is the average common size balance sheet for orthopedic-driven ASCs (facilities with greater than 50 percent of their case volume in orthopedics), according to VMG Health's 2009 Intellimarker. The balance sheet is broken down into assets, liabilities and equity, and…
"Dr. Ty" Thaiyananthan, MD, is a neurosurgeon, researcher and the co-medical director for the Southern California Center for Neuroscience and Spine (SCCNS) at Chapman Medical Center in Orange, Calif., an outpatient department providing treatment for spinal and cranial surgery, which…
Advertisement
Kathie Stewart, administrator of Cascade Spine Center in Tualatin, Ore., discusses three ways the spine center recruits spine specialists.
Statistics show orthopedic surgeons are paid for call coverage more than any other specialty. According to a 2009 Sullivan Cotter Survey, approximately three out of four hospitals, who report on-call payments to physicians, provide payments for orthopedic surgeons. Health systems…
When Marion R. McMillan, MD, of Synergy Spine Center in Seneca, S.C., began performing endoscopic spine surgery, he wanted to make sure potential patients in the area knew about his new service. In order to reach the widest audience, Dr.…
Computer-assisted and robotic technology is at the forefront of today's surgical innovations. However, in the field of orthopedics, such technology is just in its infancy. Michael Raklewicz, MD, a physician with Orthopaedic Consultants of Wyoming Valley in Kinston, Penn., uses…
It takes a team of individuals skilled in business, customer service and orthopedic surgery in order to successfully and efficiently run a physician-owned orthopedic practice. The physician CEO must be able to juggle providing the best quality medical care to…