As you head into the new year, use the following two tips to find real savings in your ASC. Real savings can lead to reinvestment, allowing your facility to develop and grow.
- Optimizing reimbursements. Your staff should audit and review fees and contracted reimbursement rates on an ongoing basis. These can vary widely based on location and specialty. When your facility receives optimal reimbursement, it will make a significant impact on your margins.
- Marketing directly to patients. Innovative marketing strategies are becoming more commonplace in healthcare, reaching patients directly instead of traditional strategies that relied solely on referrals. Targeted marketing, such as online tactics, can Increase patient volume and decrease overall marketing costs, especially if budgets were previously spent on inefficient tactics.
Using these two cost-cutting strategies can help you invest in the future of your ASC. To find more ways to uncover real savings and grow your ASC, visit our Ambulatory Surgery Center webpage.
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.