The Westchester, Ill.-based surgery center management and development company shared three benefits of case costing…
1. Knowing the exact supply usage for a particular procedure gives ASCs leverage in pricing negotiations.
2. Case costing tends to reveal cost-saving opportunities.
3. Case costing enables staff to realize the costs of items they use.
…and three best practices for case costing:
1. Revise physicians’ preference cards based on data at least every six months, especially for high-volume, top-dollar procedures.
2. To avoid overspending, ensure that each case is being reviewed and tracked. For more complex procedures, capture elements such as the implants used.
3. Share case expense reports with staff to help them understand the importance of the information they track.
More articles on surgery centers:
10 recent ASC leadership moves
Virginia ASC takes infection prevention to new level — 3 insights
Surgery Partners goes all-in on cardiology — 5 quotes on its quarterly performance
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
