1. Closely follow your market. Keep your ear to the ground. Know when competitors are attempting to get exclusive contracts with payors, says William G. Southwick, president and CEO of HealthMark Partners in Nashville. And know what physicians might be…
ASC News
Over the past several years, Lakeland (Fla.) Surgical & Diagnostic Center has steadily increased its case volume by 8 percent annually, and in 2009 the ASC performed nearly 19,000 cases and more than 31,500 procedures. LSDC's large volumes can be…
Here are the ten states with highest average hourly wages for licensed practical nurses and licensed vocational nurses, according to the U.S. Bureau of Labor Statistics' Occupational Employment Statistics survey.
Here are the average EBITDA margins for surgery centers based on the number of operating rooms at the center, according to VMG Health's 2009 Intellimarker.
ASCs are under increasing pressure to capture, track and report key quality indicators (QI) and outcomes data. As evidence of this, one need look no further than CMS and leading ASC accreditation bodies.
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In order to run a truly profitable surgery center, case volume is as important an ingredient as any. The success of any turnaround or de novo project hinges on the ability to attract great surgeons to the ASC. ASCOA assumed…
The profitability of ASCs across the country varies greatly, with some posting substantial profits while others suffer substantial losses. Industry reports estimate that roughly half of ASCs are just surviving, so it is more important than ever that ASC leaders…
Brent Lambert, MD, FACS, suggests the following seven reasons that ASCs fail and offers advice for improvement.
On Feb. 19, Brent Lambert, MD, president of Ambulatory Surgery Centers of America, spoke about financial and business problems facing ASCs and ways to improve them in a teleconference hosted by McGuireWoods.
The healthcare sector is not immune to the weak economy and, as such, some ASCs may be finding themselves increasingly in financial trouble. This was the subject of a McGuireWoods teleconference entitled "10 Keys to Turning Around Financially Troubled Ambulatory…