Many ambulatory surgery center leaders are looking to hospital partnerships as a viable strategy, but each partnership requires a different structure.
In a recent Becker's ASC Review article, Vivek Taparia, director of operations with Regent Surgical Health, and John Newman, senior vice president and general counsel of Constitution Surgery Centers, discussed the pros and cons of hospital majority and minority ownership.
Minority ownership pros
• Physician control
• Room for future physician investment
• Improved market position
Minority ownership cons
• Lack of managed care contracting support
• Lack of hospital interest
Majority ownership pros
• Managed care contracting improvement
• Access to additional hospital resources
• Large capital event
Majority ownership cons
• Loss of physician autonomy
• Limited investment options