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In the News: Surgeon Feted by Peers |
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Written by Staff
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Friday, 22 August 2008 |
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The naming of Michael Bukstein, MD, to the 40 Physicians to Know list in the Sept./Oct. issue of Becker's ASC Review has been recognized by the surgeon's local press. |
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Average Charge and Payment Data for 13 Orthopedic Procedures Commonly Performed in ASCs |
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Written by Stephanie Wasek
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Thursday, 21 August 2008 |
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Here is the average 2007 Medicare sub charge (submitted charges divided by allowed services), average allow charge (Medicare-allowed charges divided by allowed services, including co-pays and deductibles paid by patient), and average payment (Medicare payments divided by allowed services, not including co-pays and deductibles paid by patient) for 13 orthopedic procedures commonly performed in ASCs. |
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July/August Issue of Becker's ASC Review |
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Written by Becker's ASC Staff
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Thursday, 21 August 2008 |
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In this issue: Letter from the Editor; Office of Inspector General Issues Advisory
Opinion — Physician/Hospital Joint-Venture; 10 Things You Should Know
About Construction; Lessons from 3 Construction Projects; Cost to
Build: Sample 2-OR ASC; Four Current Issues in Real Estate Development;
Lease Vs. Own: Cost Estimate Sample for 2-Surgery-Suite ASC
Development; 40 Physicians to Know; The Future of Spine: Freestanding
Spine Centers; Cost of Doing Orthopedic Surgery.
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Lease Vs. Own: Cost Estimate Sample for 2-Surgery-Suite ASC Development |
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Written by Jeff Eckert and Jerry VanderVeen
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Thursday, 21 August 2008 |
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This sample pro forma compares ownership versus a 15-year lease option for a sample two-surgery-suite, 8,500 square feet ASC development. It is still not quite an apples-to-apples comparison, because the leasing option would make more sense for a group going in a larger medical office building, whereas the ownership option makes more sense for a freestanding structure.
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Cost of Doing Orthopedic Surgery |
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Written by Susan Kizirian, RN, MBA
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Thursday, 21 August 2008 |
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With the advent of the updated CMS 2008 fee schedule, orthopedic surgery now becomes an even more viable option for the ASC. 183 Orthopedic CPTs were added to the list, including a uni-compartment knee replacement (CPT 27446). In addition, ASCs can now realize up to a 92 percent increase in reimbursement from Medicare on average for all orthopedic procedures.
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The Future of Spine: Freestanding Spine Centers |
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Written by Rob Kurtz
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Thursday, 21 August 2008 |
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Spine care comes from many sources — standalone practices, partners in group practices, hospital outpatient procedures, specialties in surgery centers — but the future of spine care and surgery is freestanding centers that offer "one-stop shopping," says David Abraham, MD, co-founder of the Reading Neck and Spine Center in Wyomissing, Pa.
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Written by Jeff Eckert and Jerry VanderVeen
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Thursday, 21 August 2008 |
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David J. Abraham, MD. Dr. David Abraham is a brilliant and
entrepreneurial at The Reading Neck & Spine Center in Wyomissing,
Pa. Dr. Abraham is board certified in Orthopedic Surgery and is a
member of the American Academy of Orthopedic Surgeons, North American
Spine Society, and the Pennsylvania Orthopedic Society.
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Four Current Issues in Real Estate Development |
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Written by Stephanie Wasek
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Thursday, 21 August 2008 |
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When starting an ASC, it's easy to get caught up in the construction side — after all the building structure is the tangible element surgeons, staff and patients will have to live with day in and day out. But the choices your group makes regarding the real estate can have an equally long-lasting impact, both directly and indirectly, on the financials of the ASC business.
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Cost to Build: Sample 2-OR ASC |
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Written by Stephanie Wasek
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Thursday, 21 August 2008 |
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Usually running about $1 million per OR, a small, single-specialty center with two surgical suites ranges from $2 million to $3 million, with larger-multispecialty ASCs costing $4 million to $8 million, according to calculations provided by Meridian Surgical Partners, which partners with physicians seeking to develop new ASCs in addition to acquiring interests in existing physician-owned facilities.
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