July/August 2015 Issue of Becker's ASC Review

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On the Cover


The Next 5 Years — 11 Key Thoughts & Best Strategies for ASCs
United Surgical Partners International Senior Vice President of Acquisitions Michael Stroup and Ambulatory Surgical Centers of America CEO Luke Lambert discuss the biggest trends in the ambulatorysurgery center industry over the next five years.
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How to Grow Top-Line Revenue in ASCs
Ambulatory surgery center owners depend on top- line revenue to keep their businesses profitable.
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The Financial Pulse of Your ASC: 4 Key Notes on Revenue Cycle
Ambulatory surgery centers are power houses when it comes to clinical quality.
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Publisher’s Letter
This letter examines two core issues. Click here to Continue >>

McKenzie-Willamette Medical Center Fires Surgeon Who Performs Cases at ASC; Surgeon Sues Hospital – 11 Key Notes
Kristian Ferry, MD, is suing McKenzie-Willa- mette Medical Center in Springfield, Ore. Click here to Continue >>

10 New Outpatient Surgery Center Plans, Openings
Here are 10 new outpatient surgery centers announced or opened within the last month. Click here to Continue >>

Healthcare Spending Rises 7.2% in Q1:5 Key Points
Healthcare and social assistance revenue for the first quarter of 2015 was $579.3 billion, down 0.4 percent from the fourth quarter of 2014, accord- ing to the U.S. Census Bureau’s Quarterly Services Survey. Click here to Continue >>

3,900 Physicians Earn Millions From Medicare in 2013: 3 Things to Know
CMS recently released data on Medicare payments to healthcare organizations and providers. Click here to Continue >>

15 Statistics on Net Worth for Physicians
Medscape’s “Physician Debt and Net Worth Report 2015” includes statistics about physician net worth by specialty. Click here to Continue >>

ASC Turnarounds

OIG Kickback Alert Focuses on Physician Compensation Arrangements
HHS’ Office of the Inspector General issued a fraud alert address- ing physician compensation arrangements on Tuesday that outlined the consequences physicians could face for accepting kickbacks disguised as medical directorships. Click here to Continue >>

Staying State-of-the-Art: The Investments That ASC Administrators Most Recommend
Every year new technologies and techniques are introduced in the healthcare landscape. Click here to Continue >>

GI Financial Playbook: 3 Experts on Revenue Cycle Management for GI Centers
Gastroenterologists are busy running the clinical aspects of their practices, but many savvy GI physicians are taking an active role in the financial side of medicine. Click here to Continue >>

7 ASCs With Quick A/R Turnaround
Ambulatory Surgery Center of Stevens Point (Wis.). The ASC’s average days in A/R have been between 45 and 55, says Becky Ziegler-Otis, RHIA, CPHQ, CHC, CASC, administrator of the center. Click here to Continue >>

Tenet Completes USPI Transaction
Tenet completed the 50.1% acquisition of USPI, on the path to full ownership in five years. Click here to Continue >>

10 New Outpatient Centers
Ten new outpatient surgery centers were opened or announced in the past few months. Click here to Continue >>

Physician Net Worth
15 statistics on average net worth for four key specialties. Click here to Continue >>

ASC Legislation Update
Where the legislation impacting ASCs most is now, and where it’s headed. Click here to Continue >>

Executive Briefing: DVT Prevention in ASCs

Mobile Compression Post-Discharge as the Next Frontier
Pulmonary embolism is the second leading cause of death in the United States, right behind heart disease. Click here to Continue >>

Transactions & Joint Ventures

4 New Joint Venture ASCs
Here are four new joint venture ASCs announced in the past month. Click here to Continue >>

USPI Partners With Surgical Institute of Reading — 7 Key Notes
Surgical Institute of Reading partnered with United Surgical Partners International and its affiliate Reading Surgery Center. Click here to Continue >>

4 Recent ASC Acquisitions & Partnerships
Here are four recent ambulatory surgery center and surgical hospital acquisitions. Click here to Continue >>

Tenet Completes USPI, Aspen Healthcare Transactions
Dallas-based Tenet Healthcare has completed two major transactions, including its previously announced deal that will combine its ambulatory and imaging centers with those of United Surgical
Partners International, which is owned by Welsh, Carson, Anderson & Stowe. Click here to Continue >>

HCA Defeats Opponents: 5 Things to Know About TriStar Southern Hills Medical Center’s $17M Surgery Center Project
Despite several dissenters and a denial from the Tennessee Health Services and Development Agency, Hospital Corporation of America’s TriStar Southern Hills Medical Center will be moving forward
with a surgery center project, according to a Nashville Business Journal report. Here are five things to know about the project. Click here to Continue >>

Beloit Health System ASC Earns Long-Awaited CON: 4 Key Points
Beloit Health System, based in Roscoe, Ill., has been trying to add a surgery center to its NorthPointe Health and Wellness Campus in Roscoe for approximately two years. Click here to Continue >>

132 ASC Administrators to Know | 2015
Here 132 ASC administrators to know this year. Click here to Continue >>

Becker’s ASC 22nd Annual Meeting - The Business and Operations of ASCs brochure

Coding & Billing

Are You Ready? Productivity, Cash Flow to be Hardest Hit by ICD-10
On Oct. 1, the U.S. Centers for Medicare and Medicaid Services will require all Health Insurance Portability and Accountability Actcompliant healthcare providers to transition to the 10th version
of the International Classification of Diseases. Click here to Continue >>

Blue Cross Parent Posts $281.9M Loss in First Year of PPACA Exchanges
The largest nonprofit health insurer in the country, Chicago-based Health Care Service Corp., which is the Blue Cross & Blue Shield insurer for Illinois, Montana, New Mexico, Oklahoma and Texas,
reported a $281.9 million loss in 2014, compared with a $684.3 million surplus the year prior, according to a Crain’s Chicago Business report. Click here to Continue >>

Dr. James Chappuis: Merging Business Principles With Medical Practices
James L. Chappuis, MD, an expert in minimally invasive techniques and spinal fusion and founder of SpineCenterAtlanta, shares his basic philosophy and personal stories on issues of optimization,
advancement and investments for orthopedic surgery centers. Click here to Continue >>

Executive Briefing: Physician Practice Acquisition & Integration Trends

Healthcare M&A is Here to Stay — 7 Key Thoughts for Medical Practice Owners
Medical practice acquisition and integration is becoming commonplace in healthcare. Click here to Continue >>

Quality & Accreditation

10 Notes on U.S. Drug Shortages
Drug shortages are a rising healthcare issue facing the country, according to The Wall Street Journal. Click here to Continue >>

3 Pieces of Legislation for ASC Leaders to Know
Health care continues to be a hot topic on Capitol Hill, so groups like the Ambulatory Surgery Center Association are working closely with Congress to educate its members about ASC issues and
support legislation that supports patient access to ASCs. Click here to Continue >>

7 Tips for ASCs to Ace the Accreditation Puzzle
Ensure physicians are credentialed appropriately. Click here to Continue >> 


10 Summer Reads for ASC Administrators
Here are 10 compelling, healthcare-focused must-reads for the summer season. Click here to Continue >>

How Orthopedic & Spine Centers can Thrive Over the Next 5 Years — Drs. Richard Wohns, Daniel Murrey, David Rothbart
The healthcare landscape is tough, but there are orthopedic practices thriving today. Click here to Continue >>

5 Fresh Ideas for Differentiating Your ASC
Here are five new services that will differentiate your ambulatory surgery center, from COO of Gramercy Surgery Center and Gramercy Healthcare Management Jeffrey Flynn. Click here to Continue >>

Dr. Richard Rosenfield: Creating the National Model for Successful Gynecology-Driven ASCs
Gynecology procedures represent a fraction of the cases performed in ambulatory surgery centers, but there is a significant opportunity to change that equation. Click here to Continue >>

Population Health and Spine: 5 Ways to Prepare for the Future
How are physicians — especially specialists — interacting with population health? Click here to Continue >>

Slashing Supply Costs With Orthopedic Preference Items—7 Strategies
Physician preference items, particularly orthopedic preference items, can contribute significantly to supply costs at an ambulatory surgery center. Click here to Continue >>

Healthcare Fraud: A $98B Industry — 10 Things to Know
The United States healthcare industry is losing billions of dollars from healthcare fraud. Click here to Continue >>

Former OtisMed CEO Gets 2 Years in Prison in Knee Device Scandal — 5 Key Notes
Former OtisMed CEO Charli Chi will go to prison for his roll in marketing and distributing knee replacement tools that weren’t cleared by the FDA, according to News Works. Click here to Continue

7 statistics on The PPACA & physician practices
Here are seven ways in which the Patient Protection and Affordable Care Act has impacted physician practices, according to data from ACAView, an initiative by athenahealth and the Robert Wood
Johnson Foundation. Click here to Continue >>

New ASC Opening at Rockaway Beach: 8 Things to Know
Physicians and healthcare developers from Rockaway Beach in New York went before a community board to discuss plans of opening an ASC on Rockaway Beach Boulevard which is set to open in 2016. 
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Tenet Completes USPI, Aspen Acquisitions: 7 Things to Know
Tenet Healthcare has completed the acquisitions of United Surgical Partners International and Aspen Healthcare. Click here to Continue >>

11 Anesthesia Mergers & Acquisitions in 2015 So Far
Here are 11 anesthesia practice or company mergers and acquisitions so far this year. Click here to Continue >>

Becker's Orthopedic Review


Click here to download and view the PDF file

18 Statistics on Orthopedic Surgeon Salary & Bonus
Here are 18 statistics on salaries and bonuses for orthopedic surgeons from Salary.com.

Where Shoulder Surgery is Headed: Patient-Specific Implants, Faster Recoveries & Outpatient Surgery
Joshua Dines, MD, Hospital for Special Surgery, New York City, talks about the biggest innovations in shoulder surgery and where the field is headed in the future.

Zimmer-Biomet $14B Merger Finally Complete - 6 Things to Know
The U.S. Federal Trade Commission granted clearance for Zimmer's acquisition of Biomet today.

10 Orthopedic Surgeons on the Move
Here are ten orthopedic surgeons recently joining new practices or hospitals.

How to Optimize the Value of Orthopedic ASCs
Two healthcare professionals share their thoughts on how to best optimize the value of ASCs, as well as share insight into what the best opportunities are for orthopedic centers in the future.

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