Multispecialty
Pros:
- Offers a broad, diversified case mix
- Maximizes payer relationships
- Enhances staff recruitment
- Less vulnerable to technology or reimbursement changes
- More negotiating power
Cons:
- Must purchase a wide range of equipment and supplies
- Equipment standardization is challenging
- Higher overhead
Single-specialty
Pros:
- Streamlined, bulk purchasing
- Better leverage to negotiate with vendors
- Ability to accurately assign block times
- Faster case times and turnover
- Lower overhead
Cons:
- Dependent on fewer physicians
- More vulnerable to reimbursement changes
- Little room for later expansion
More articles on turnarounds:
New CMS guidance on space sharing could have ‘substantial’ effect on ASCs — 5 details
Key trends in the ASC industry from Simplify ASC’s DeeDee Dalke
Oregon could be the next state to target surgical smoke — 3 insights for ASCs
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.