On The Real Economy Blog, Mr. Kes outlined three ways these providers can protect their margins:
1. Minimize the use of contract labor involving nurses and other providers who are needed on the front lines of the pandemic.
2. Consider focusing on margin improvement projects.
3. Monitor and closely evaluate any major donations in the pipeline.
More articles on surgery centers:
21 ASCs with coronavirus restrictions or closures
How gastroenterology practices are responding to COVID-19
How COVID-19 has affected Tenet, HCA Healthcare and Surgery Partners’ shares
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.
