The dilemma between whether to start a standalone practice or join an orthopedic group is one that many spine surgeons face during their careers. Both options have their merits, and both can bring challenges and obstacles to success. Without careful…
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Here are 10 interesting statistics and facts about orthopedic practices, as gathered by the American Academy of Orthopaedic Surgeons in its Orthopaedic Practice in the U.S. 2005-2006 report.
Brian J. Cole, MD, MBA. Dr. Brian Cole is a professor in the department of orthopedics with a conjoint appointment in the department of anatomy and cell biology at Rush University Medical Center in Chicago. He is the section head…
About one year ago, my partners and I decided to add spine cases to our outpatient surgery center, the East Portland Surgical Center (EPSC). It was a big decision, with important clinical and operational implications, so we thoroughly assessed the…
Hospital executives leading nationally recognized superior programs offer a variety of tips for achieving those coveted designations, but they all sound like variations on the answer to that old Broadway joke: How do you get to Carnegie Hall? Practice. Practice.…
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The importance of developing outstanding programs, often referred to as “Centers of Excellence,” in specific specialties has taken on new importance in critical specialties such as orthopedics, neurosurgery and spine, cardiology and oncology. This article discusses how developing a grand…
The current struggling economy has impacted many industries, including orthopedic and spine practices. As a result, many practices are facing challenges to remain profitable and efficient. Here are five major challenges identified by industry experts that orthopedic and spine practices…
This article focuses on current events and risks in the growing orthopedic and spine devicemaker industry.1 Orthopedic and spine procedures can be very profitable for surgery centers, as confirmed by the increasing number of centers performing these procedures. Reimbursement is…
Here are statistics on the 2008 cash compensation earned by orthopedic surgeons, as compared by region, according to the Integrated Healthcare Strategies 2008 Healthcare Executive Compensation Survey and supplementary IHS statistics.
Whenever someone asks me what it takes to succeed in the ASC business, I immediately tell them about "the five C's." These are the five core concepts or competencies that must be mastered by physician-owners at all types of ASCs,…