Pinnacle III listed three changes for ASCs to look out for in the next 10 years:
1. Changing technology means ASCs may need to replace old equipment with up-to-date versions.
2. ASCs can mitigate potential changes in membership, operating agreements and governance changes by planning ahead of time. High-volume physicians retiring and moving facilities are two changes ASCs might face within their first 10 years.
3. Financing is another area for ASCs to watch. ASCs can start by focusing on the surgery center’s loans and what to do with money left on the table after the original loans are retired.
More articles on turnarounds:
3 essential tips for ASCs onboarding a new department manager
‘The Washington Post’: DC officials should consider better alternatives to $300M hospital
How this Maryland surgery center’s design put patient experience 1st
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.