“To date, insurance companies are well aware of the differences between in-network ASC rates and HOPD rates. Hence, insurance companies are more open to communicate or negotiate with ambulatory surgery centers that offer multiple specialties, whereas ASCs with only few specialties often find it difficult to keep payors interested. Multi-specialty ASCs can educate and collaborate with payors and reach favorable results more efficiently.”
“As a free standing ambulatory surgery center, it is crucial to maintain a good relationship with hospitals in their surrounding community. Hospitals will view you as an ally for them to outlet procedures and free up their ORs. ASCs can build a partnership or a good term relationship with hospitals by creating residency programs, setting up transfer agreements, inviting senior management of hospitals to visit your facilities and welcoming cases that are not profitable to hospitals but financially favorable to ASCs. A good relationship with hospitals plays an important role for ASC’s future collaboration and growth.”
More healthcare news:
AmSurg Q1 ambulatory net revenue hits $307.1M; SCA partners with Thomas Johnson Surgery Center & more — 7 key notes on ASC companies
5 ASCs achieving accreditation — May 16, 2016
MedBridge launches medical tourism company: 5 key notes
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.
