The demand for gastroenterology, orthopedics and ophthalmology procedures is likely to rebound after the COVID-19 pandemic. In the interim, hospitals and surgery centers are addressing patient hesitancy issues as they look to rebound from significant losses accrued during widespread halts…
Today's healthcare providers face heightened scrutiny amid declining levels of reimbursement. In this environment, cutting costs is one way that ASCs can improve profitability. This isn't a sustainable strategy, however, since it can prompt a race to the bottom mentality.…
Poorly controlled post-operative pain negatively affects patients' cardiovascular systems, blood clotting mechanisms and immune systems. It also has been shown to contribute to the development of chronic pain. Effective management of post-operative pain has the potential to improve health outcomes…
When it comes to procedure documentation, manual transcription and dictation is expensive. Transcription and printing are costly. In addition, paper-based processes contribute to inefficient workflows, unstructured data that's hard to analyze and documentation that is inaccurate, incomplete and potentially non-compliant.
Healthcare costs in the United States have hit $3.5 trillion per year, equating to $15,000 per year for every man, woman and child in the nation. The average costs for surgical services exceed $700 billion per year. As the healthcare…
Robotic surgery is attractive to patients and surgeons alike. These procedures can result in quicker postoperative discharge and lower levels of postsurgical pain. Performing them in the ASC setting has the added benefit of lowering costs for payers.
Changes in ownership trends and the migration of care away from high-acuity settings are indicative of a business environment that can be highly rewarding for ASCs — if leaders respond appropriately.
Operating a financially successful outpatient surgery center in today's consumer-driven environment involves unique challenges, as well as opportunities. The patient financial experience has become important in all healthcare environments, but ASCs may be hampered by limited interactions with patients, making…
Successful payer contracting is crucial to the success of any ASC. While such contracting can prove difficult amid a changing reimbursement landscape, ASC administrators can safeguard the success and fiscal health of their respective organizations by taking advantage of the…
To maintain profitability as new challenges continually emerge in the healthcare industry, it is critical for ASCs to have a firm grasp on revenue cycle management.