Here are 30 benchmarks on surgery centers that perform more than 50 percent orthopedic procedures, according to data from VMG Health's Multi-Specialty ASC Intellimarker 2011. Note: All statistics are averages.
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Reviewing an ambulatory surgery center's cash flow statement is a quick and easy way to check a center's financial health, says Matt Lau, director of financial analysis at Regent Surgical Health. Non-MBAs, such as physician-investors, should take advantage of this…
Here are 14 goals ambulatory surgery centers can work to achieve by the end of 2011, as identified by Joan Dentler, president of ASC Strategies; Reed Martin, chief operating officer of Surgical Management Professionals; and Joseph Zasa, managing and founding…
Surgery centers can save money and gain valuable expertise by outsourcing surgical services to third-party companies, which provide surgical assistants, technicians and the necessary equipment and supplies. Some facilities contract with an outsourcing company directly and others bring a company…
Kevin Weinstein, vice president for marketing at ZirMed in Louisville, Ky., offers nine best practices for ambulatory surgery centers to manage revenue cycle.
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Bradford Shingleton, MD, has been featured in the Harvard Business Review on his techniques to improve quality and efficiency in cataract surgery. Dr. Shingleton practices at 32-physician Ophthalmic Consultants of Boston and at Cape Cod Eye Surgery & Laser Center.…
David Schlactus, CEO of Hope Orthopedics of Oregon and Willamette Surgery Center in Salem, publishes internal benchmarks based on CPT code and shares them with his physicians to incent them to cut costs. Here are three internal benchmarks he feels…
As healthcare facilities in other states grapple with the advent of accountable care organizations, Oregon Gov. John Kitzhaber has been busy forming his own version of ACOs: state-run "coordinated care organizations." House Bill 3650, which passed in the Oregon Legislature…
Kelly Durian is executive director of the Iowa City Ambulatory Surgery Center, managed by Surgical Management Professionals. The center won the 2010/2011 CTQ Apex award for exhibiting consistently high levels of performance, based on patient satisfaction survey scores for about…
Catch up on this week's surgery center news: Here are 10 must-read articles about the ASC industry from the week of Sept. 12.