Why an Oklahoma-based ASC values autonomy — 3 insights

With consolidation sweeping healthcare, Surgery Center of Oklahoma in Oklahoma City plans to remain independent, according to ASC Focus.

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What you should know:

1. The ASC has been independent since it opened in 1997.

2. It was founded by anesthesiologist G. Keith Smith, MD.

3. Dr. Smith views autonomy as a means of control and believes a partnership wouldn’t have needed benefits.

“We started an ASC because we found our ability to control how we practiced and the quality of the care our patients received was negatively affected when we did not have full control over all aspects of care delivery,” Dr. Smith told ASC Focus. “We believe that if we now sold even a part of the ASC, we would be relinquishing some degree of control without bringing in anything we need.”

Is your ASC striving to remain independent? Tell us why/why not: astewart@beckershealthcare.com.

More articles on transactions/valuation:
California Retina Associates forms new entity through partnership — 3 insights
Surgery center reopens after closing in August: 3 details
The outlook is bright for orthopedic investments, analyst says: 4 things to know

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.

Register to Attend Webinar

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

Wednesday, July 29
1:00 PM - 2:00 PM CDT

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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