3 things to know about hospital, ASC joint ventures

Joint ventures with physicians are hospitals’ preferred method for opening ASCs, according to a 2019 survey from outpatient healthcare group Avanza Healthcare Strategies.

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Avanza developed the survey with HealthLeaders Media, polling 119 senior executives.

Three things to know:

1. Twenty-three percent of respondents said their organizations own five to seven ASCs, which is up 7 percent from last year’s survey. Twenty-five percent of respondents said their organizations own two to four ASCs, and 52 percent said their organizations had just one ASC.

2. Forty-one percent of respondents said they have an affiliation or ownership interest in one ASC, while 52 percent did not.

3. Among the 41 percent of health systems that have a financial interest in an ASC, respondents said joint ventures increased from 67 percent to 73 percent year over year.

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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
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Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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