Becker's ASC Review

Today's Top 20 Stories

University of Maryland Shore Regional Health proposes $75M medical campus with ASC — 4 insights

Dorchester-based University of Maryland Shore Regional Health proposed a new $75 million medical campus in Cambridge, Md., Dorchester Star reports. By Eric Oliver - 8/2/18
Nashville health system moving total joints to ASC space — 4 insights

Nashville-based Saint Thomas Health is transitioning total joint replacement procedures from its three main hospitals to a portion of its 17 ASCs in the region, the Nashville Post reports. By Eric Oliver - 8/2/18
7 tips for choosing an ASC for your practice

Altamonte Springs, Fla.-based Advanced Ambulatory Surgery Center published tips to help physicians chose a surgery center. By Angie Stewart - 8/2/18

Actionable, reliable data: A key to success in a value-based era

Poor communication contributes to 80 percent of medical errors

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Exact Sciences missed Q2 expectations tanks stock — 7 insights

Exact Sciences posted $102.9 million in second quarter 2018 revenue, missing investor predictions by $1.8 million, or 1.7 percent, causing its stock to fall 18.75 percent. By Eric Oliver - 8/2/18
6 quotes from Exact Sciences CEO Kevin Conroy on Q2 results

Exact Sciences released its second-quarter earnings Aug. 1, posting revenues of $102.9 million. By Eric Oliver - 8/2/18
Staying in step with contractual and coding changes

Change is never-ending for ambulatory surgery centers (ACSs). ASCs need to always stay on top of the seemingly nonstop influx of contractual and coding changes, which can have a direct impact on cash flow. By Jessica Edmiston, Senior Vice President Coding, BS, CPC, CASCC,AHIMA-approved ICD-10 trainer, National Medical Billing Services; and Scott Allen. Vice President Managed Care Contracts, National Medical Billing Services - 8/1/18
Why flexibility is a key quality for ASCs today

CEO of Arlington, Texas-based Central Park ENT & Surgery Center Stephen Blake discusses how the changing healthcare landscape affects his surgery center. By Laura Dyrda - 8/1/18

Pentax, Takeda & more — 6 GI company key notes

Here are six updates on GI companies from the past week: By Rachel Popa - 8/1/18
Construction begins on medical office building, 22K-square-foot multispecialty ASC: 3 key details

Albany ENT & Allergy Services, St. Peter's Hospital and OrthoNY broke ground on a 54,000-square-foot medical office building and 22,000-square-foot multispecialty ASC in Colonie, N.Y., Healthcare Design magazine reported. All organizations are based in Albany, N.Y. By Rachel Popa - 8/1/18
Outpatient volumes not enough to offset operating losses for New York health system — 3 insights

Despite a 61 percent increase in outpatient surgical volume, Massena (N.Y.) Memorial Hospital posted a $1.4 million loss, North Country Now reports. By Eric Oliver - 8/1/18
4 ways patient financing accelerates the ASC revenue cycle

Patient financial responsibility has surged in recent years. As a recent TransUnion Healthcare analysis notes, patients in 2017 were responsible for 12.2% of their total healthcare bill in the first quarter of 2017. This compares with just 8% percent of their total bill during the first quarter of 2012. Commercially insured patients experienced a patient balance after insurance increase of a staggering 67% percent, growing from $467 to $781 over the same five-year period. By Randy Bishop, Partner, Surgical Funds - 8/1/18
Cardiovascular surgery center opens in Kansas: 4 things to know

Manhattan (Kan.) Specialists Center, a cardiovascular surgery center, achieved accreditation in July and has completed the first few days of procedures, according to Administrator Tiffany Zachary. By Laura Dyrda - 8/1/18
How a New York-based ASC is preparing for outcomes based reimbursement

Administrator of Amherst, N.Y.-based ASC of WNY JoAnn Vecchio reveals how her surgery center aims to grow within the changing healthcare landscape. By Laura Dyrda - 8/1/18
The necessary change for an ASC's sustainability: key thoughts from South Portland Surgical Center's Lianna McDowell

Lianne McDowell, CASC, administrator of South Portland Surgical Center in Tualatin, Ore., shares her observations about how the healthcare field is changing and how her center will promote sustained growth over the next few years. By Laura Dyrda - 8/1/18
Where ASCs fit in the healthcare landscape: key ideas for success from Pacific Rim Outpatient Surgery Center's Gary Richberg

Administrator of Bellingham, Wash.-based Pacific Rim Outpatient Surgery Center Gary Richberg, RN, BSN, MBA, CMPE, CASC, examines the key trends for ASCs today and how his center is promoting sustained growth for the future. By Laura Dyrda - 8/1/18
The new healthcare concepts that can drive ASC growth

Jeffrey Flynn, CASC, administrator of New York City-based Gramercy Surgery Center, discusses how the healthcare landscape is changing and why his ASC won't be bullied by hospitals anymore. By Laura Dyrda - 8/1/18