From: Scott Becker <>
Subject: [Becker's ASC E-Weekly] GI and Orthopedics are the Top Specialties in ASCs by Percentage of Case Volume | Massachusetts Law Requires Physician-Owned Surgery Centers to Prove Need for Development, Expansion | ASCs Average 2.57 Sterile Operating Rooms |
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November 17, 2008
Latest News & Analysis

1. GI and orthopedics are the top specialties in ASCs by percentage of case volume. See the complete list of ASC specialties by percentage of case volume, from the VMG Health 2008 Intellimarker. Click Here button

2. Massachusetts Law Requires Physician-Owned Surgery Centers to Prove Need for Development, Expansion. Click Here button

3. ASCs nationally average 2.57 sterile operating rooms. Learn what the overall percentage of rooms operated by surgery centers are ORs and what are the other types of rooms operated by ASCs.
Click Here button

4. Fewer Patients Paying Bills (New York Times). Click Here button

5. We are seeking parties to interview regarding our Feb. 2009 special issue on mergers and acquistions of ASCs. If you have ideas on people to interview for perspectives on buying and selling of ASCs, please email Scott Becker at

6. 3 Ways to Get the Most Out of Generation Y, by Lt. Col. Bruce Bright of The Sanders Trust. Click Here button

7. Great Place to Work: Ramapo Valley Surgical Center (Ramsey, N.J.). Click Here button

See the list of great ASCs to work at -- along with coverage of bariatrics, general surgery and anesthesia in ASCs -- in the January issue of Becker's ASC Review.

8. Learn More About Our 3 Featured E-Weekly Advertisers: Ambulatory Surgical Group, Pentax and Amkai. Click Here button

9. Latest Issues of McShane's Common Ground Newsletter Available. Click Here button

10. In response to observations shared by Scott Becker about the presidential election in an article titled "Election 2008: 5 Quick Observations," in which Mr. Becker said he is grateful that the country is not likely to move to a single-payor system, reader Howard S. Rubin, MP, PhD, discusses 7 reasons he thinks a single-payor system could work well. Click Here button

Do you have comments about a story you reader in Becker's ASC Review? E-mail them to Scott Becker at

11. We are seeking speakers and topic suggestions for two conferences in the first half of 2009. First, we are seeking presenters for the McguireWoods healthcare private equity event to be held Feb. 26. Second, we are seeking speakers for the June 11 to 13 orthopedic, spine and pain management focused ASC conference to be held in Chicago. If you would like to submit a proposal or have suggestions for speakers, please e-mail Scott Becker at
McGuireWoods Free Webinar, Nov. 20 -- Health Care and Private Equity: Crossroads or Crosshairs?

McGuireWoods Winter 2008 Webinar Series: From Nov. 19 to 21, McGuireWoods will host a series of free webinars focused on private equity. Of particular interest to our readers is the Thursday, Nov. 20 installment, titled Health Care and Private Equity: Crossroads or Crosshairs?

This webinar features a discussion with Brian F. Scullion, MD, from William Blair & Company (read an article featuring Dr. Scullion's thoughts on the market here) and Joseph S. Ibrahim, The Riverside Company, on current private equity trends within the health care sector. For more information, or to register, please visit
Hospital News of Interest

1. Transition Healthcare Company Forms to Provide Hospital Turnaround and Management Expertise. Transition Healthcare Company is a newly formed company with offices in Chicago and Nashville. The management team at THC, together with its financial backers at Falcon Investors, provides a unique blend of experienced hospital turnaround and management expertise, financial resources, and financial market savvy. Click Here button

2. Community Health Systems Invests in Medical Transcription Developer. A subsidiary of Community Health Systems (CHS) has made an equity investment in Franklin, Tenn.-based Spheris, one of the largest global providers of clinical documentation and computer-aided medical transcription products and services to health systems, hospitals and medical practices. Click Here button

Note: Read more hospital business and legal news, statistics and lists in the Becker's Hospital Review E-weekly. Sign up for free by visiting here.

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Contact us toll-free: (800) 417-2035

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.

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. VMG's experience is unparalleled and their credentials are unmatched.

2. Erdman (A Cogdell Spencer Company). For more than 50 years, the name Erdman has been synonymous with the delivery of innovative healthcare facility solutions. As an integrated provider, Erdman offers service from facility conception to completion, including advance planning, development, design and construction.

3. Meridian Surgical Partners. Meridian aligns with physicians in the acquisition, development and management of multi-specialty ASCs and surgical facilities. Meridian acquires interests in established physician-owned surgical facilities, as well as, partners with physicians seeking to grow their businesses locally through the development of new surgical facilities.

4. Eveia Health Consulting & Management. Founded by I. Naya Kehayes, MPH, Eveia Health Consulting & Management is comprised of a team of seasoned professionals who are experts in reimbursement management, managed care contracting, and business management with a specialization in ASCs and surgical practices. Senior management advise national corporations and provide leadership in health policy initiatives related to reimbursement on behalf of ASCs at both state and federal levels.

Surgical Notes. Surgical Notes is a nationwide provider of medical transcription, coding and other related value-added information technology services for ASCs. Surgical Notes offers the VMR Express, an electronic medical forms generator and document imaging solution and, an online, secure, interactive, personal health record portal for the general public to compile and organize all healthcare-related data.

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. SCB's extensive knowledge of payor responsibilities and managed care contracting ensures you'll receive the highest reimbursements possible.

HealthCare Appraisers. HealthCare Appraisers is a nationally recognized valuation and consulting firm providing services exclusively to the healthcare industry. Services include fair market value opinions for compensation and service arrangements, business valuation, consulting and advisory services, and litigation support.

Provation Medical. ProVation Medical has created ProVation EHR, the first electronic health record designed for busy, cost-conscious ASCs. ProVation EHR offers robust electronic documentation and document imaging for all elements of the patient encounter, from past records to procedure documentation to follow-up care.

Symbion. Symbion is a leading provider of high-quality surgical services across many specialties. Led by one of the industry's most experienced management teams, the company was founded in 1996 to acquire, develop and operate surgical facilities in partnership with physicians, hospitals and health systems.

SourceMedical. SourceMedical is the leading provider of outpatient information solutions and services, collectively serving ASCs and surgical hospitals. Its unique end-to-end systems improve operational efficiency and cash flow while empowering healthcare facilities to deliver a higher standard of patient care.

Upcoming ASC Events
The 7th Annual Orthopedics-, Pain Management- and Spine-Driven ASC Conference
June 11 to 13, 2009

The 16th Annual Improving Profits and Business and Legal Issues for ASCs
Oct. 8 to 10, 2009

For a complete list of upcoming events, click here
Quick Links
  • Click here to visit VMG Health for valuation needs.
  • Click here to visit HealthCare Appraisers.
  • Click here to visit Blue Chip Surgical Center Partners
  • Click here to visit Practice Partners in Healthcare.
  • Click here to visit National Surgical Care
  • Click here to visit Ambulatory Surgical Centers of America.
  • Click here to visit Serbin Surgery Center Billing
  • Click here to visit Meridian Surgical Partners.
  • Click here to visit Erdman (A Cogdell Spencer Company)
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