From: Scott Becker <becker@beckersasc.com>
Subject: [Becker's ASC E-Weekly] 17 Statistics an ASC Should Look at Every Month | 5 Ways Hospitals Can Improve Claims Accuracy | Gain Practical Guidance You Can Use immediately: Two Weeks Left for Early Registration for Fall ASC Conference |
Reply: becker@beckersasc.com
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August 26, 2008
Latest News & Analysis

1. 17 Statistics an ASC Should Look at Every Month. Click Here button

2. For Your Coders: 17 Orthopedic Coding Questions Answered By Stephanie Ellis. Click Here button

3. 4 Best-Selling Audio Conferences: (1) orthopedic coding,  (2) case-costing and advanced benchmarking, (3) ASC transactions and (4) managed care contracting. Order a CD of an audio conference. Click Here button

4. Top 5 Ways Hospitals Are Trying to Improve Claims Accuracy. Click Here button

5. Spine Surgeon Dilemma: Standalone Practice or Join Orthopedic Group? Click Here button

6. Health Plan Can Deny Coverage for Obesity-Related Surgery, Federal Court Rules. Click Here button

7. Gain practical guidance you can use immediately: Attend the October Improving Profits in ASCs conference. Click Here button

8. Dr. Anthony Coletta: How Owning an ASC Changed My Practice and My Life. Click Here button

9. Inc. Magazine Names Implantable Provider Group One of Country's Fastest-Growing Private Companies. Click Here button

10. CareCredit Hits 100,000 Physicians Milestone. Click Here button

http://sourcemed.net/surgery/contact_surgery.php?prioritycode=5036
Wanted: Assistant Director of Business Office Operations for ASC Management/Development Firm

Immediate opening for an assistant director of business office operations for Woodrum/Ambulatory Systems Development, an ambulatory surgery development and management company. Applicant must be able to compile financial analysis and key performance indicators; train and monitor new business office managers on all facets of business office operations, including scheduling, coding, billing, collections, accounts payable and physician relations related to business office functions; provide ongoing training, and supervision and performance assessment to existing business offices; strong computer and interpersonal skills. Candidate must also be able to travel. ASC experience strongly desired. We are looking for a dynamic individual who can multitask and thrive in a fast paced environment.

Fax resume and reference information to (813) 464-8161.

www.ambulatorysurgicalgroup.com
The Importance of Relations Between Surgeons,
ASCs and PCPs to the Success of a Center

Q: How important are relations between your surgeons, the surgery center and primary care physicians to the success of your center?

Answers: To see reader answers to this question, click here. Or view our Q&A archives here.

How Is the Economy Affecting Your Surgical Facility?

Q: Have you seen anything that suggests that the economic downturn will slow or already has slowed growth and expansion of surgical procedures? How is your facility coping?

E-mail your thoughts to this question to Stephanie Wasek at stephanie@beckersasc.com. Be sure to include your name, title and business name for confirmation purposes (you may request that we publish your answer anonymously).

www.beckersasc.com/asc-business-and-legal-issues-oct-chicago.html
Two Weeks Left to Save $100 With Early Registration for Fall ASC Conference -- Attend and Gain Practical Guidance You Can Use Immediately

15th Annual Improving Profits and Business and Legal Issues for ASCs
Presented by ASC Communications and the Ambulatory Surgery Foundation
Sheraton Hotel and Towers, Chicago
Oct. 23 to 25

One of the many highlights of the program's agenda: Rick Kolsky, MS, PhD, professor of marketing at Northwestern University Kellogg School of Management, will present a keynote talk entitled "Building a Brand in the World of Healthcare."

Dr. Kolsky has an MS in engineering and economics from Brown University and a PhD in Economics from Yale University. He is a faculty member for many company-specific and Northwestern University executive education programs and has published numerous articles and has been keynote speaker for conferences on a range of subjects. Dr. Kolsky has also worked in the White House and has taught economics and consulted at Yale.

Book your hotel ASAP -- block nearly sold out. The Sheraton Hotel and Towers has set aside special group rates for conference attendees. Please contact the hotel directly to make your reservation. Be sure to mention you are attending the ASC Conference in order to receive the discounted group rate.

To make a reservation, go to www.starwoodmeeting.com/Book/ASC102008, or call (800) 325-3535 or (312) 464-1000.

Group room rates:
Standard - $289 (single) or $319 (double)
Club Rooms - $364 (single) or $394 (double)

Here are five other great topics on the program agenda:

1. Healthcare: The Next Five Years -- Uwe Reinhardt, PhD, James Madison Professor of Political Economy and Professor of Economics, Princeton University

2. The State of the Union for ASCs -- Kathy Bryant, JD, President, ASC Association

3. Understanding Industry Trends and How They Impact Independent ASCs and National Chains -- Sami Abbasi, CEO, National Surgical Care

4. Converting From an ASC to a Hospital -- How to Assess the Financial Case for Conversion -- Mike Griffin, CFO, and Mary Ann Gellenbeck, RN, COO, Prexus Health Partners

5. Assessing the Profitability of Different Specialties in ASCs -- Luke Lambert, CEO, ASCOA

To see the entire agenda, download the conference brochure (PDF).

There are four ways to register:

1. Fill out and mail or fax the registration form in the conference brochure.
2. Call (703) 836-5904 or (800) 417-2035.
3. Register online by clicking here.
4. E-mail registration@ascassociation.org.

Becker's ASC Review Subscriber Benefits
As a Becker's ASC Review subscriber, you are entitled to the following benefits:

1. Becker's ASC Review delivered to your door;
2. subscriber discounts on the audio conference registrations;
3. $100 off registration for the June conference;
4. $50 off registration for both the October conference; and
5. a free copy of the VMG Health Intellimarker benchmarking survey.

To subscribe to the  Becker's ASC Review, go to www.BeckersASC.com.
 
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Contact us toll-free: (800) 417-2035

15 Management, Development and Equity Firms

Note: This is part one; 14 more such companies will be featured in our next e-newsletter.

1. ASCOA. ASCOA is a leader in the ASC industry, achieving exceptional quality of care and outstanding financial results. Learn more about ASCOA.

2. Blue Chip Surgical Center Partners. Founded by ASC veteran Jeff Leland, Blue Chip is focused on spine and multi-specialty ASCs. Learn more about Blue Chip.

3. The C/N Group. The C/N Group is a recognized leader in the development, ownership and operation of exceptional healthcare facilities, including ASCs, medical office buildings and diagnostic imaging centers. Learn more about The C/N Group.

4. Facility Development and Management. Facility Development and Management provides consultative, developmental and managerial services for ASCs nationwide. Read more about Facility Development and Management.

5. Foundation Surgery Affiliates. FSA is a healthcare management organization specializing in project development, innovative facility design, partner recruitment and facility operations for ASCs, medical office buildings, surgical hospitals and bariatric hospitals and healthplexes. Read more about FSA.

6. HealthMark Partners. HealthMark Partners owns and operates single and multi-specialty ambulatory surgery centers throughout the United States by creating joint-ventures with physicians or physicians and hospitals. Read more about HealthMark.

7. Instantia. This is a company founded by Jack Amormino and Lisa Freeman to provide development services to surgical centers. Learn more about Instantia.

8. Medical Facilities Corporation. Medical Facilities Corporation is a publicly traded company and a leading acquirer of majority interests in high quality specialty hospitals and ASCs. Read more about MFC.

9. RMC MedStone Capital. RMC MedStone Capital has strength in operations and management as well as the financial strength to make the transaction happen. Learn more about RMC.

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

11. National Surgical Care. National Surgical Care, a nationwide owner and operator of ambulatory surgical centers, focuses on addressing the needs and problems confronting surgery centers across the country. Learn more about NSC.

12. Nikitis Resource Group. Nikitis is a new ASC development, management and consulting firm. Read more about Nikitis.

13. NovaMed. NovaMed acquires, develops and operates ambulatory surgery centers (ASCs) in partnership with physicians. Learn more about NovaMed.

14. Nueterra Healthcare. Nueterra Healthcare partners with physicians and hospitals to develop and manage community hospitals, surgical hospitals, ASCs and physical therapy centers including new development, joint-ventures, acquisitions and turnarounds. Read more about Nueterra.

15. Orion Medical Services. Orion Medical Services offers a turnkey approach to ASC development and management by covering all aspects of a project from financial feasibility analysis to site and operational development. Read more about Orion.

Upcoming ASC Events
15th Improving Profitability, and Business, Strategic, Clinical and Legal Issues for ASCs
Oct. 23 to 25, 2008
Chicago

For a complete list of upcoming events, click here
ASC
Quick Links
  • Click here to visit VMG Health for valuation needs
  • Click here to visit National Surgical Care
  • Click here to visit Serbin Surgery Center Billing
  • Click here to visit Erdman (A Cogdell Spencer Company)
  • Click here to visit HealthCare Appraisers.

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