Here are the key details to know:
1. Hospitals can help ASCs expand through increased funding and support, especially in states that require a certificate of need.
2. Hospitals may be able to help ASCs with payer contracting, due to potentially stronger relationships with payers.
3. Physician recruitment can be made easier through using the hospital’s marketing, advertising and outreach influence.
4. Hospitals may also be able to help ASCs negotiate with supply chain vendors for lower rates through group purchasing organizations.
More articles on turnarounds:
Gloves, scalpel, teddy bear — Toys calm Surgery Center at Sawgrass pediatric patients
The benefits and drawbacks of a salary model for physicians: 3 points
3 ways ASCs can cope when losing a volume leader
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.