The most popular start-ups prize access over ownership and meeting customer needs without costly asset investment and acquisition. Sharing and collaborating is also a huge element of the start-up culture’s success.
Here are the five key takeaways:
1. Think about things you don’t have to own and figure out ways to share — whether it’s an in-house resource like billing, instrumentation that could be consigned or staff members who could be shared or hired on a per diem basis.
2. Optimize talent; don’t waste time having talented people do things less expensive staff members could do. Acquire the right talent at the right time to stay staffed appropriately.
3. Motivate millennials with technology and allow them to help redefine your usual processes at the center.
4. Practice disruptive business by adopting new best practices from more efficient or successful centers. Find the barriers to sharing information and communication at the center and pull down silos.
5. Share profits to reward partners and incentivize others to share their best people and assets.
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