Becker’s connected with Stephanie Tomlin, RN, administrator at Rincon Surgery Center in Tucson, Ariz., for an insider perspective on financial growth opportunities for ASCs.
Note: This response has been lightly edited for length and clarity.
Question: What are some investment opportunities in the ASC industry?
Stephanie Tomlin: Investment opportunities abound in the ASC industry. We are finding as we recover from the financial impact COVID-19 had on not only on healthcare, but also surgical services, patients are in greater need of surgical intervention and affordable healthcare.
Surgery centers are a more affordable option for patients needing outpatient procedures, and physicians who invest can help shape what service lines are offered, and what technology they find truly impactful to patient care.
A surgery center is focused on streamlined approaches, and does not have to shift its focus between outpatient and inpatient surgeries. This detailed approach allows for a continuum of care that is extremely efficient, allowing surgeons to perform more surgeries in a day than they often can in a hospital setting.
There are many models, from solely physician-owned, solely hospital-owned, and hybrid approaches, that all have benefits. As CMS is reviewing former pricing models, investing in an ASC is wise not only for a portfolio but also for our patients and communities.
