From: Scott Becker <>
Subject: [Becker's ASC E-Weekly] 20 Most Popular Stories at | 3 Key Benchmarks: Collections, Staffing and Supplies | Fewer Than 240 Spots Left for Fall ASC Conference on Improving Profitability | Early Registration Ends Sept. 10 |
New Masthead
Becker's ASC Home | Subscribe to ASC Review | Current Issue | E-weekly Archives | Advertise
August 19, 2008
20 Most Popular Stories on

1. 10 Valuation Facts and Statistics for ASCs. Click Here button

2. 10 Keys to Turning Around Financially Troubled ASCs. Click Here button

3. 10 Benchmarking Statistics for Ambulatory Surgical Centers. Click Here button

4. 10 Interesting Facts and Statistics for ASCs. Click Here button

5. California Licensure and Accreditation Concerns -- Ambulatory Surgical Centers. Click Here button

6. N.J. Decision May Cause Big Challenges for State's Physician-Owned ASCs. Click Here button

7. Establishing an Ambulatory Surgery Center: A Primer from A to Z. Click Here button

8. The Fraud and Abuse Statute and Investor-Owned Ambulatory Surgery Centers. Click Here button

9. CMS Proposes 3 Percent Increase for Outpatient Services, Adding 9 Procedures to ASC List. Click Here button

10. 12 Interesting Statistics from the VMG Health Endo Centers Financial and Operational Benchmark Study. Click Here button

11. Top 10 Billing Errors ASCs Make. Click Here button

12. Litigation Against ASCs on the Upswing. Click Here button

13. Ambulatory Surgery Centers and Physician-Owned Hospitals -- What Causes the Political Chasm? Click Here button

14. Compensation Up for 8 Core Specialties That Regularly Practice in ASCs. Click Here button

15. 127 People to Know in the ASC Industry. Click Here button

16. Average Salaries for Top Recruited Specialties. Click Here button

17. USP 797 and Its Effect on ASCs. Click Here button

18. Gastric Banding: Next Big Thing in Elective Surgery? Click Here button

19. Office of Inspector General Issues Advisory Opinion -- Physician/Hospital Joint-Venture. Click Here button

20. More Charges, Indictments in $154 Million, Largest-Ever Insurance Fraud Scheme Involving ASC. Click Here button
Benchmarking Statistics: Staff and Supply Costs

Here are benchmarks for collections and supply and staffing costs relative to your ASC's income, from Ann Geier, RN, MS, CNOR, CASC, and Susan Kizirian, RN, MBA, of Ambulatory Surgery Centers of America.

Collections as a percentage of charges:

- Excellent -- greater than 32 percent
- Average -- 25 percent
- Poor -- less than 19 percent

Medical supplies as a percentage of collections:

- Poor -- greater than 27 percent
- Industry median -- 22 percent
- Average -- 20 percent
- Excellent -- less than 14 percent

Payroll as a percentage of collections:

- Poor -- greater than 27 percent
- Industry median -- 27 percent
- Average -- 22 percent
- Excellent -- less than 18 percent

Ms. Geier and Ms. Kizirian presented these statistics as part of an ASC Communications audio conference, "Case-Costing and Advanced Benchmarking for ASCs." Learn more about this program and purchase a CD copy of it by clicking here.

Learn more about ASCOA.

15th Annual Conference
Fewer Than 250 Registration Spots Left at Fall ASC Conference -- Register Now!

15th Annual Improving Profits and Business and Legal Issues for ASCs
Presented by ASC Communications and the Ambulatory Surgery Foundation
Sheraton Hotel and Towers, Chicago
Oct. 23 to 25

One of the many highlights of the program's agenda: Rick Kolsky, MS, PhD, professor of marketing at Northwestern University Kellogg School of Management, will present a keynote talk entitled "Building a Brand in the World of Healthcare."

Dr. Kolsky has an MS in engineering and economics from Brown University and a PhD in Economics from Yale University. He is a faculty member for many company-specific and Northwestern University executive education programs and has published numerous articles and has been keynote speaker for conferences on a range of subjects. Dr. Kolsky has also worked in the White House and has taught economics and consulted at Yale.

Book your hotel ASAP -- block nearly sold out. The Sheraton Hotel and Towers has set aside special group rates for conference attendees. Please contact the hotel directly to make your reservation. Be sure to mention you are attending the ASC Conference in order to receive the discounted group rate.

To make a reservation, go to, or call (800) 325-3535 or (312) 464-1000.

Group room rates:
Standard - $289 (single) or $319 (double)
Club Rooms - $364 (single) or $394 (double)

Here are five other great topics on the program agenda:

1. A Case Study Approach to Building an ASC -- Tom Mallon, CEO, Regent Surgical Health; Jeff Simmons, President, Western Division, Regent; Jim Lynch, MD, Chairman and Director, SpineNevada and Surgery Center of Reno, and Director of Spine services, Regent

2. Ophthalmology and ENT in ASCs -- How to Succeed with Eyes and ENT -- Steve Blom, Specialty Surgery Center in San Antonio, NSC; Doug Hoisington, DO

3. Establishing an ASC -- Key Concepts for Success -- Bill Southwick, President and CEO, Healthmark Partners

4. 10 Things We've Learned From the New CMS Reimbursement System and Coverage Rules -- Robert Cates, National Director of Managed Care, NSC

5. Financing and Recapitalizations for ASCs and Specialty Hospitals -- Jeff Fox, VP, Hospitals, Surgery and Dialysis, MarCap

To see the entire agenda, download the conference brochure (PDF).

There are four ways to register:

1. Fill out and mail or fax the registration form in the conference brochure.
2. Call (703) 836-5904 or (800) 417-2035.
3. Register online by clicking here.
4. E-mail

Becker's ASC Review Subscriber Benefits
As a Becker's ASC Review subscriber, you are entitled to the following benefits:

1. Becker's ASC Review delivered to your door;
2. subscriber discounts on the audio conference registrations;
3. $100 off registration for the June conference;
4. $50 off registration for both the October conference; and
5. a free copy of the VMG Health Intellimarker benchmarking survey.

To subscribe to the  Becker's ASC Review, go to
*           *           *
Contact us toll-free: (800) 417-2035

2 Accreditation Companies
to Know

1. The Accreditation Association for Ambulatory Health Care. The AAAHC offers ambulatory healthcare organizations of all types and specialties a unique peer-based review system that adopts a collaborative, consultative and educational approach. Read more about AAAHC.

2. The Joint Commission: Ambulatory Care Accreditation Program. Achieving ASC accreditation from The Joint Commission is a visible demonstration to your patients, staff, community and payers that you have taken extra steps to provide the safest, highest quality care. Read more about the Joint Commission.

3 Valuation
to Know

1. 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.

2. HealthCare Appraisers. HealthCare Appraisers is a nationally recognized valuation and consulting firm providing services exclusively to the healthcare industry. Read more about HealthCare Appraisers.

3. Principle Valuation. Principle Valuation specializes in the valuation of all types of healthcare real estate including hospitals, independent-living communities, assisted living residences, skilled-nursing facilities, continuing-care retirement communities, medical office buildings, ASCs, pharmacies and rehabilitation facilities. Learn more about Principle Valuation.

Thank You to 8 Great Companies

1. Ambulatory Surgical Centers of America. ASCOA is a leader in the surgery center industry, achieving exceptional quality of care and outstanding financial results. Read more about ASCOA.

2. MedHQ. MedHQ provides accounting, revenue cycle, human resources and credentialing services to hospitals, ASCs, imaging centers and physician practices nationwide. Learn more about MedHQ.

3. MediGain. MediGain helps healthcare providers to preserve profitability with improved and low cost back-office processes. Learn more about MediGain.

4. Regent Surgical Health. As buyers, developers and managers of outpatient surgery centers and physician-owned hospitals around the country, Regent Surgical Health is an experienced developer and specialist in turnaround situations. Learn more about Regent.

5. Ion Healthcare. Ion Healthcare provides a turnkey solution for screening and management of patients with sleep apnea referred to your surgical center. Read more about Ion.

6. Amkai. Amkai is a software company with 20-plus years of experience delivering administrative and clinical solutions to ASCs, surgical hospitals and physician practices. Learn more about Amkai.

7. Prexus Health Partners. Prexus Health is a 100 percent physician-owned company that specializes in the development and management of multi-specialty, physician-owned ASCs and small hospitals. Read more about Prexus.

8. zChart. zChart EMR was developed by dozens of healthcare professionals -- administrators, office staff, nurses and physicians -- at multi-specialthy outpatient surgery centers. Learn more about zChart.

Upcoming ASC Events
15th Improving Profitability, and Business, Strategic, Clinical and Legal Issues for ASCs
Oct. 23 to 25, 2008

Physician/Hospital Integration Efforts
Sept. 25, 2008
Audio Conference

For a complete list of upcoming events, click here
Quick Links
  • Click here to visit VMG Health for valuation needs
  • Click here to visit National Surgical Care
  • Click here to visit Serbin Surgery Center Billing
  • Click here to visit Erdman (A Cogdell Spencer Company)
  • Click here to visit HealthCare Appraisers.

  • Editorial Contacts
    For more information about print and online stories, please contact editorial.

    Stephanie Wasek
    (484) 866-1292
    e-mail Stephanie

    Rob Kurtz
    Director of Communications
    (410) 874-7681
    e-mail Rob
    Join Our Mailing List
    Safe Unsubscribe
    This email was sent to by
    Beckers ASC | 77 W. Wacker Dr. Suite 4100 | Chicago | IL | 60601