From: Scott Becker <>
Subject: [Becker's ASC E-Weekly] Top 10 ASC News Stories From May | 10 Statistics About Southeast ASCs | Wisconsin Budget Panel Approves Tax on ASCs |
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June 2, 2009
Latest News & Analysis

1. Top 10 ASC News Stories From May. Click Here Includes coverage of "Conditions for Coverage Exception for Same-Day Scheduling of Surgery," "Advisory Opinion on Physician On-Call Coverage" and "3 Month Delay of Enforcement of Red Flags Rule" and more.

2. 10 Statistics About ASCs in the Southeast. Click Here

3. Wisconsin Budget Panel Approves Tax on Surgery Centers. Click Here

4. Last Chance to Nominate an ASC Industry Leader for 100 People to Know. The list will be published in the July/Aug. issue of Becker's ASC Review. The Sept./Oct. issue of Becker's ASC Review will highlight 40 ASC physician leaders to know and 40 ASC women leaders to know. E-mail Jessica Cole ( or Scott Becker ( for more information about advertising and stories in the issue or to make a nomination for these lists.

5. Payor Rankings Indicate Insurers Reimbursing Physicians Faster, Denying Fewer Claims. Click Here

6. 10 Questions and Answers About Measuring Your Accounts Receivable, by Caryl Serbin of Surgery Consultants of America and Serbin Surgery Center Billing. Click Here

7. Director of Portfolio Management Seeks Position: Director of portfolio management for healthcare financial firm seeks position to leverage experience in business development and building/maintaining relationships with corporate partners and physicians. Highly organized leader with more than 14 years of experience and excellent references. Contact Scott Becker ( or Lindsey Dunn ( for an introduction.

8. Learn More About Our Featured E-Weekly Advertisers: ASCOAAnesthesia Healthcare Partners, Amerinet and VMG Health.

9. Somnia Anesthesia Names New Client Development Manager for Midwest and Southeast. Click Here

10. Reader Question: What is the industry standard formula for calculating A/R days? We have struggled with this and our self-pay/workers' compensation tend to keep us about 48 days. 

Luke Lambert, CEO of ASCOA, offers the following answer: MGMA does an annual benchmarking survey and the formula they use for days A/R is: Total A/R / (Total annual gross charges) x (1/365). Centers also struggle with collecting self-pay quickly if they don't collect it on the day of surgery. Typically, prior to surgery we work out the payment arrangements and take all forms of payment including Care Credit. We try to avoid, at all costs, payment plans with the patients.

-- Mr. Lambert is the CEO of Ambulatory Surgical Centers of America, a firm that specializes in turning around ASCs

To send in a question or to provide a comment to this question, e-mail Scott Becker ( or Rob Kurtz (

7 Highlights of 7th Annual Orthopedic, Spine and Pain Management Driven ASC Conference - Improving Profits, and Business & Legal Issues: June 11-13, Chicago - Register Today!

Here are just seven of the highlights of this excellent conference:

1. 68 great orthopedic, spine and pain management topics
highly focused on providing practical and strategic guidance that can be applied to ASCs immediately. Speaker presentations are now online and ready for download here. All attendees will receive a USB flash drive with speaker presentations at the event.

2. Keynote presentation on The Evolution of Healthcare and the Impact on ASCs by Uwe Reinhardt, PhD, James Madison Professor of Political Economy and Professor of Economics, Princeton University.

3. 94 industry expert speakers and networking with 500 owners, surgeons, administrators, exhibitors and speakers.

4. Free SourceMedical Regional Client Meeting starting at 9:00 a.m. on June 11. Click here to learn more.

5. Regent Surgical Health Cocktail Reception at 7:00 p.m. on Thurs., June 11 in the Michigan Room on the 3rd floor of the Westin Michigan Avenue. All attendees are welcome to join the reception. Please e-mail Jackie Dream ( if you would like more information.

6. Free orthopedic implant benchmarking report and chance to win $500 with completion of anonymous, 15-minute or less survey. Click here to participate.

7. Cash raffles: ASC Communications will hold multiple cash raffles ($100-$500 per raffle) for those that are present within the hall during exhibit hours.

Learn more about the 7th Annual Orthopedic, Spine and Pain Management Driven ASC Conference and download the conference brochure by clicking here. To register online, click here or call (703) 836-5904.

June 2009 Conference
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Anesthesia Healthcare Partners
Amerinet GPO
10 Great Companies to Know

If you'd like more information about or an introduction to any of these companies, please e-mail Scott Becker.

Covenant Surgical Partners. Covenant Surgical Partners is a privately-held owner and operator of ASCs that was founded in 2008 by a group of experienced investors, including several seasoned healthcare and financial executives, and a prominent physician who owns his own surgery center. Learn more about Covenant Surgical Partners.

VMG Health. VMG Health is recognized by leading healthcare providers as one of the most trusted valuation and transaction advisors in the United States. Learn more about VMG.

Access MediQuip. Access MediQuip is one of the largest and most experienced providers of outsourced implantable device management solutions to the healthcare industry. Learn more about Access MediQuip.

ASCOA. Since 1984, ASCOA's founders have helped physician-owners start and operate successful facilities; ASCOA currently owns and manages 34 facilities across the country with 14 others in development. Learn more about ASCOA.

Amerinet As a leading national group purchasing organization, Amerinet strategically partners with healthcare providers to reduce costs and improve quality through its Total Spend Management solutions and operational performance improvement programs, tools and services. Learn more about Amerinet.

Anesthesia Healthcare Partners. AHP provides ASCs, hospitals, or office-based practice with the choice of all-inclusive anesthesia service solutions or any combination of those distinct anesthesia service components, which include anesthesia billing, recruitment and practice management. Learn more about AHP.

B. Braun. For 150 years, B. Braun has developed a rich heritage of knowledge and expertise for delivering innovative healthcare products, medical devices and programs designed to improve both patient and health-professional safety. Learn more about B. Braun.

Meridian Surgical Partners. Meridian aligns with physicians in the acquisition, development and management of multi-specialty ASCs and surgical facilities. Read more about Meridian.

Kaye/Bassman International. Greg Zoch, a partner and managing director with Kaye/Bassman International, has served many of the industry's largest players by finding top talent at the facility and corporate level; Mr. Zoch specializes heavily in the ASC world. Learn more about Kaye/Bassman.

zChart EMR. zChart EMR was developed by dozens of healthcare professionals -- administrators, office staff, nurses and physicians -- at multi-specialty outpatient surgery centers. Learn more about zChart.

Upcoming ASC Events
The 7th Annual Orthopedic, Spine and Pain Management Driven ASC Conference
June 11 to 13, 2009

The 16th Annual Improving Profits and Business and Legal Issues for ASCs
Oct. 8 to 10, 2009

For a complete list of upcoming events, click here
Editorial Contacts
For more information about print and online stories, please contact editorial.

Rob Kurtz
Editor in Chief
(781) 219-4613
e-mail Rob

Lindsey Dunn
(312) 254-1588
e-mail Lindsey

Renee Tomcanin

(312) 254-1579
e-mail Renee
Sales Contacts
For more information about advertising and exhibiting, please contact sales at (800) 417-2035.

Jessica Cole
President and Chief Development Officer
e-mail Jessica

Ashley Gillaspie
Account and Circulation Manager
e-mail Ashley

Christina Pinizzotto
Account Manager
e-mail Christina

Annie Stokes
Account Representative
e-mail Annie
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