ASD Management released 10 key actions to turnaround struggling surgery centers and make them a profitable business.
Here is a brief description of the 10 key actions (Click here to read the full report):
1. Measure critical success factors.
2. Refinance debt.
3. Maximize payer revenue and utilization.
4. Reorganize ownership structure.
5. Make your competence a magnet for the center.
6. Review pricing regularly.
7. Incentivize staff and physicians.
8. Assess the market for opportunities.
9. Use flexibility, staffing and best purchasing and inventory practices.
10. Review and revise all service contracts.
Click here to read the full report from ASD Management.