Here are Dr. Lambert’s eight tips to improve ASC operations.
1. Update your chargemaster. Updating the surgery center chargemaster yearly is a simple way to collect found dollars and ensure charging payors an appropriate amount of money for services.
2. Compress the schedule. Schedule ASC cases so operating rooms are continuously occupied, and close the center when cases have been completed.
3. Stay on top of contracts. Renegotiate managed care contracts yearly to avoid lost revenue potential from lapsed contracts
4. Recruit even in saturated markets. Seek to recruit physicians located out of reach of hospital employment to populate an ASC in a saturated market.
5. Get creative to find physicians. Reach out to physicians who have recently relocated to an area or who are about to relocate and invite them to join you surgery center.
6. Meet physician needs. When pursuing potential physician partners, ask what tools or technology the physician needs and be willing to accommodate the request.
7. Be conscious of debt. Accumulating debt can be an unfixable problem for ASCs, so work to pay off debts quickly.
8. Use group buying power. ASCs should investigate group purchasing organizations for getting cheaper rates on surgical supplies.
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6 Quick Strategies to Keep ASC Costs Low
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.