Ms. Crowder shared six negotiation strategies on LinkedIn:
1. Gather data on case costs, mix and volume, as well as patient satisfaction rates and quality measures, from the past 12 months.
2. Understand what sets your ASC apart from others, such as convenience, renowned surgeons on staff or lower costs per case than competitors.
3. Determine the ASC’s goals in terms of implant payments, carve outs, discount rates and annual rate increases.
4. Understand the payer’s concerns, including patient access to outpatient facilities, availability of specialty services and predictable costs.
5. Communicate to stakeholders as the negotiation progresses.
6. Promote the new or revised relationship once an agreement is reached.
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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.