|Latest News & Analysis|
1. 8 Statistics About Surgery Center Operating Expenses.
2. Federal Court Denies Physician Challenge to Self-Referral Rule Change.
3. 10 Critical Policies and Procedures for ASC Risk Management.
4. Don't Miss
Dr. Craig Frances of Summit Partners Discuss "The Financial World's View of ASCs" at the 16th Annual Improving Profitability, and Business and Legal Issues for ASCs, from Oct. 8-10 in Chicago. Learn more.
5. Physician Hospitals of America Expresses Concern Over Proposal to Ban Physician Ownership of Hospitals.
6. Developing a Bariatrics Program in an ASC.
Sept./Oct. issue of Becker's ASC
Review will focus on anesthesia in ASCs. If you would like to serve as a source or contributing author for a story on anesthesia, or have a suggestion for an anesthesia expert, please e-mail Rob Kurtz (firstname.lastname@example.org).
For information about advertising in this issue, which will also feature 50 great ASC administrators and 50 great ASC physicians, e-mail Jessica Cole (email@example.com).
7. Value of Single-Specialty Surgery Centers: Q & A with Richard Jacques of Covenant Surgical Partners.
8. Learn More About Our Featured E-Weekly Advertisers: ASCOA, VMG Health, mdStrategies and Surgical Notes.9. Millennium Research Group Predicts Hip Arthroscopy Procedures to Grow Through 2013.
10. Reader Question: Do you notify patients of your grievance policy in advance of their surgery? Read how two ASCs handle this issue.
In "170 People to Know in the ASC Industry
," the bios of Kristian Mineau II and Kenneth Rosenquest of Constitution Surgery Centers should have read as the following:Kristian M. Mineau II.
Mr. Mineau is the president and
CEO of Constitution Surgery Centers, based in Newington, Conn., which
operates 12 ASCs in Connecticut, Rhode Island and Massachusetts. He
co-founded CSC in 1997 and has led the company's growth for over 10
years. Mr. Mineau was also the founding president of the Connecticut
Association of Ambulatory Surgery Centers.Kenneth L. Rosenquest.
Mr. Rosenquest is the vice
president of operations at Constitution Surgery Centers, based in
Newington, Conn., and oversees the company's hospital joint ventures.
He served as administrator of one of the top performing orthopedic
surgery centers in the country and has experience in all aspects of ASC
management from operations to billing to equipment acquisition.
Currently, he serves as the president of the Connecticut Association of
Ambulatory Surgery Centers.2.
In the article "17 Key Legal Issues of 2009
," the following section appeared:
"For example, if a facility performs 4,000 cases and approximately 10
percent of those patients ultimately switch from commercial insurance
to governmental insurance and the facility earns $900 per procedure
versus the $1,500 per procedure that it currently earns, this would
reflect a reduction of income of $400 times 600 patients, or $240,000."
The article should have stated "...this would
reflect a reduction of income of $600 times 400 patients
, or $240,000."
|Early Registration Discounts Available for 16th Annual Improving Profitability, and Business and Legal Issues for ASCs: Oct. 8-10, Chicago |
Five of the great topics on the program agenda:
A Step-by-Step Guide to Recruiting Physicians -- Dan
Pereles, MD, Orthopedic Surgeon & Medical Director for Surgery Center of MD
in Silver Spring, MD, and Chris Bishop, VP, ASCOA
a Successful Bariatrics Program: 10 Keys to Success -- Tom Michaud, CEO,
Foundation Surgery Affiliates
and Gastroenterology: What to Do Now? -- John Poisson, Executive VP, Physicians
Running Your ASC Smarter: Benchmarking, Improving
Revenues per Case, Reducing Hours per Case, Supply Costs per Case, Staffing and
More -- Susan Kizirian, COO, ASCOA, and Tom
Bombardier, MD, FACS, Founder of ASCOA
to Add Spine to an ASC and How to Make Spine Profitable -- Joseph Stapleton, MD
and Jordi Kellogg, MD, East Portland Surgery Center. Introduced by Jeff Leland,
CEO, Blue Chip Surgical Partners
Learn more about the 16th Annual Improving Profitability, and Business and Legal Issues for ASCs, and download the conference brochure by clicking here
. To register online, click here
or call (703)
* * *
|Please feel free to forward the E-Weekly to a colleague. If you know someone who would find the information in the E-Weekly valuable, they can join the free mailing list by sending an e-mail to Scott Becker at firstname.lastname@example.org.
If you are interested in receiving our free hospital- and health system-focused e-weekly, click here to subscribe or e-mail Scott Becker.
|10 Great Companies to Know
If you'd like more information about or an introduction to any of these companies, please e-mail Scott Becker.
Practice Partners. Practice Partners in Healthcare takes great pride in the development, management and equity ownership with its physician and hospital partners. Read more about Practice Partners.
Serbin Surgery Center Billing. Serbin Surgery Center Billing was founded in 2001 to provide the answer to ASCs' complex and unique billing needs, providing expert and accurate coding, billing, collections, and managed care negotiations solely to the ASC industry. Learn more about SCB.
CareCredit. CareCredit lets your patients pay their current bills in full immediately with the use of convenient monthly payments. Learn more about CareCredit.
ASCOA. Since 1984, ASCOA's founders have helped physician-owners start and operate successful facilities; ASCOA currently owns and manages 34 facilities across the country with 14 others in development. Learn more about ASCOA.
VMG Health. VMG Health is recognized by leading healthcare providers as one of the most trusted valuation and transaction advisors in the United States. Learn more about VMG.
mdStrategies. mdStrategies is a full-service coding, auditing, and education company focused on the ASC market, providing full-time and as needed coding
services, coding and reimbursement audits, as well as conducting
coding seminars and webinars. Learn more about mdStrategies.
Surgical Notes. Surgical Notes is a nationwide provider of medical transcription, coding and other related value-added information technology services for ASCs. Read more about Surgical Notes.
Woodrum/Ambulatory Systems Development. Woodrum/ASD reorganizes, performs financial turnarounds and develops new ASCs; its strength is in growing ASC businesses with innovative programs and adding new surgeons. Read more about Woodrum.
Anesthesia Healthcare Partners. AHP provides ASCs, hospitals, or office-based practice with the choice of all-inclusive anesthesia service solutions or any combination of those distinct anesthesia service components, which include anesthesia billing, recruitment and practice management. Learn more about AHP.
ProVation Medical. ProVation Medical has created ProVation EHR, an electronic health record designed for busy, cost-conscious ASCs. Learn more about ProVation Medical.
|Upcoming ASC Events
16th Annual Improving Profitability, and Business and Legal Issues for ASCs|
Oct. 8-10, 2009
The 8th Annual Orthopedic, Spine and Pain Management Driven ASC Conference
June 10-12, 2010
For a complete list of upcoming events, click here
|ASC Quick Links
Learn more about VMG Health. |
Learn more about Ambulatory Surgical Centers of America.
Learn more about Amerinet.
Learn more about Serbin Surgery Center Billing.
|Editorial Contacts |
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