Mr. McCarville and Mr. Sheppard identified three reasons physicians are embracing ASC joint ventures:
1. Certificate-of-need barriers can hamper physician entrance into certain markets with existing hospitals, making partnership an appealing option.
2. Partnering with a hospital can give physicians greater leverage in payer negotiations, resulting in expanded access or higher reimbursement rates than they would have otherwise obtained.
3. Hospital partnership gives ASCs access to stable funding, allowing them to invest in newer technology and top talent.
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