The key details to know:
1. Operating room and total visit times are key aspects of a case’s total cost.
2. Payer mix can be included as an indirect expense.
3. Including as much detail as possible can help staff record trends in inefficiencies, differences in spending and waste.
4. Separating the cost of implants and supplies can help compare surgeons by case and identify savings opportunities.
More articles on turnarounds:
Most & least rewarding aspects of nursing — 90 statistics
7 big players dominating the ambulatory services market in 2019
How ASCs can take on mergers, value-based care & more: 3 Qs with Administrator Debbie Hall
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.