June 2015 Issue of Becker's ASC Review




On the Cover

Healthcare reform had a rocky first five years, and the next five are equally uncertain in today's political landscape. Click here to Continue >>
Salary, wages and benefits consistently top the list of ambulatory surgery center operations expenses.
5 Big Dysfunctions in ASCs — And How to Fix Them
Janie Kinsey, RN, CASC, administrator at Saint Luke's Surgicenter—Lee's Summit discusses five big dysfunctions that can occur at ambulatory surgery centers and solutions to fix them.


Publisher’s Letter
This issue of Becker’s ASC Review includes expertise from ambulatory surgery center owners, operators and industry experts. Click here to Continue >>

HCA Defeats Opponents: 5 Key Notes on TriStar Southern Hills Medical Center’s $17M 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. Click here to Continue >>

OIG: Incorrect Coding on Physician Claims Leads to $33.4M in Medicare Overpayments: 5 Quick Facts
The Office of the Inspector General has released the Incorrect place-of-service claims resulted in potential Medicare overpayments costing millions report. Click here to Continue >>

10 Specialties With Highest Number of Physicians Suffering Financial Losses
Here are 10 specialties that recently suffered financial losses due to practice issues, according to Medscape's Physician Debt and Net Worth Report 2015. Click here to Continue >>

ASC Management

SourceMedical Acquires LaClaro — 6 Things to Know
SourceMedical signed a definitive agreement to purchase LaClaro, a company managing outpatient revenue cycle operations with the flagship product Lighthouse. Click here to Continue >>

Executive Briefing: Merger & Acquisition Activity for ASCs

ASC M&A Activity: Trends for 2015 From HealthCare Appraisers
The ambulatory surgery center industry continued significant levels of acquisition activity in 2014, and acquisition activity is expected to remain high for 2015, according to the HealthCare Appraisers "2015 ASC Valuation Survey."  Click here to Continue >>

37 Spine-Driven ASCs to Know
With new techniques and technologies making outpatient spine surgery safer and more effective, more and more ambulatory surgery centers are becoming increasingly spine-focused. Click here to Continue >>

Total Joint Replacement Patient Selection in ASCs: 3 Orthopedic Surgeons Discuss Transactions & Joint Ventures
Successfully performing total joint replacement surgeries in ambulatory surgery centers requires establishing and observing criteria for appropriate patient selection. Click here to Continue >>

Transactions & Joint Ventures

Healthcare M&A Up 19% in Q1: 7 Things to Know
Overall in the first quarter of 2015, healthcare deal volume was up 19 percent and disclosed value was up 92 percent compared to the first quarter of 2014, according to the "PwC Health Service Deals" report. Click here to Continue >>

Gramercy Surgery Center Opens New Location in Queens Market: 4 Things to Know
Gramercy Surgery Center in New York has opened a new satellite location in Queens, N.Y. Click here to Continue >>

ASC M&A, Real Estate Today: 3 Key Thoughts From Jon Vick
ASC Inc., president Jon Vick discusses his career with ambulatory surgery centers and where he sees the industry mergers and acquisitions, as well as ASC/MOB real estate, headed in the future. Click here to Continue >>

USPI Net Revenue Jumps 9% in Q1 Amid Tenet Transaction — 10 Things to Know
United Surgical Partners International reported a huge jump in first quarter consolidated net revenue. Click here to Continue >>

AmSurg Net Revenue Jumps 12%, Growth Exceeds Expectations — 15 Key Notes
AmSurg reported a huge net revenue increase in the first quarter of 2015, with both ambulatory services same-center revenues and physician services contract organic growth exceeding expectations. Click here to Continue >>

Nobilis Health Acquires Victory Healthcare Plano Hospital: 4 Things to Know
Houston-based Nobilis Health has entered into an asset purchase agreement to acquire Victory Healthcare Plano (Texas) Hospital. Click here to Continue >>

Ellis Hospital is Crowdfunding its New Surgery Center: 4 Insights
Ellis Hospital in Schenectady, N.Y., is crowdfunding its new surgery center, according to a timesunion report. Here are four things to know about the project. Click here to Continue >>

North Hills Surgery Center Begins Price Transparency: 4 Quick Notes
North Hills Surgery Center in Fayetteville, Ark., has started to offer price transparency for cash pay patients, according to an Arkansas Business report. 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 >>

New Eye Center Technologies & Trends: ASC Leaders Weigh In
The ophthalmology landscape is evolving rapidly, and eye centers are adopting the latest techniques and technologies to continue providing high-quality care amidst numerous changes. Click here to Continue >> 

16 ASCs Recently Adding New Specialties & Procedures
More and more procedures can now be performed on an outpatient basis, making it easier for ambulatory surgery centers to grow and add specialties. Click here to Continue >>

Coding & Billing

6 Key Thoughts on ASC Joint Venture Governing Board Structure
Many hospital C-suiters are now eager to partner with ASCs as part of their outpatient strategies to capture the surgeons' operational expertise and keep at least some outpatient revenue at the hospital. Click here to Continue >>

Understanding the Art and Science of Pain Coding
Ambulatory surgery centers are on the front lines of the nation’s chronic pain epidemic. Click here to Continue >>

DISC Sports & Spine Center Signs In-Network Agreement With Anthem Blue Cross: 5 Things to Know
DISC Sports & Spine Center in Marina del Rey, Calif., has signed an in-network agreement with Anthem Blue Cross. Click here to Continue >>

ASC-Specific Bundled Payments Coming to California — 8 Key Concepts
Bundled payments may be coming to more ambulatory surgery centers in California — are you ready? 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

Credentialing is Key — 7 Ways to Avoid Mistakes & Keep Patients Safe
There are countless of examples of non-credentialed individuals performing cases at healthcare facilities — from the teenager who posed as a physician at West Palm Beach, Fla.-based St. Mary's Medical Center for a month to the non-credentialed physician who was present in the operating room during the ill-fated procedure Joan Rivers underwent at Yorkville Endoscopy in New York. Click here to Continue >>

Executive Briefing: Minimally Invasive Glaucoma Surgery Technology

A degenerative disease, glaucoma is the leading cause of blindness in North America and Europe and is the second leading cause worldwide. 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 >>

AAAHC IQI Names Dr. Thomas James III, Donna Read Norton to Board
The Accreditation Association for Ambulatory Health Care Institute for Quality Improvement named a health plan executive and a surgery center veteran to its 2015 board of trustees. Click here to Continue >>

Healthcare Costs Up 6.3% for American Families in 2015 — 8 Key Notes
The amount of money a typical family pays for healthcare is rising, according to a recent study from Milliman reported in Insurance Journal. Click here to Continue >>

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