From: Scott Becker <becker@beckersasc.com>
Subject: [Becker's ASC E-Weekly] Top Two Physicians in ASCs Responsible for 31 Percent of Cases | High Percentage of Medicare Cases Forces ASC to Close | Medicare Reimbursement Slowdown Challenges West Coast Physicians | Statistics on the Average Number of Physicians in Surgery Centers |
Reply: becker@beckersasc.com
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November 20, 2008
Latest News & Analysis

1. The top two physicians in ASCs are responsible for 31 percent of cases. Find out the percentages that the top five and 10 physicians are responsible for, along with several other interesting statistics about case and physician volume, from the VMG Health 2008 Intellimarker. Click Here button

2. High Percentage of Medicare and Medicaid Cases Leads to Closing of North Texas Surgi-Center. Click Here button Medicare Reimbursement Slowdown Challenging Physicians in California, Nevada and Hawaii. Click Here button

3. Most surgery centers have one to five physicians. Find out where your center falls on the breakdown of the size of surgery centers by number of physicians. Click Here button

4. Observations on the Healthcare Market, from Dr. Brian Scullion of William Blair & Company. Click Here button

5. We are seeking parties to interview regarding our Feb. 2009 special issue on mergers and acquistions of ASCs. If you have ideas on people to interview for perspectives on buying and selling of ASCs, please email Scott Becker at sbecker@mcguirewoods.com.

6. Assessing the Merits of Outsourced Billing for Surgery Centers, by Caryl Serbin, RN, BSN, LHRM. Click Here button

7. Great Place to Work: Mississippi Surgical Center (Jackson, Miss.). Click Here button

See the list of great ASCs to work at -- along with coverage of clinical trends in anesthesia and whether anesthesiologists should be owners in ASCs -- in the January issue of Becker's ASC Review.

8. Learn More About Our 3 Featured E-Weekly Advertisers: B. Braun, SourceMedical, Pentax Medical. Click Here button

9. Even in a tight credit market, RM Crowe has a $50 million fund targeted for healthcare real estate deals nationwide. RMC MedStone Capital, a fully owned subsidiary of Dallas-based RM Crowe, is looking for opportunities to acquire exceptional ASCs and small surgical hospitals, in partnership with physicians. Learn more about RMC Medstone. Click Here button

10. We are seeking speakers and topic suggestions for two conferences in the first half of 2009. First, we are seeking presenters for the McguireWoods healthcare private equity event to be held Feb. 26. Second, we are seeking speakers for the June 11 to 13 orthopedic, spine and pain management focused ASC conference to be held in Chicago. If you would like to submit a proposal or have suggestions for speakers, please e-mail Scott Becker at sbecker@mcguirewoods.com.
www.asc.bbraunusa.com/beckers
B. Braun Launches ASC Web Site
Dedicated to Educational and Product Expertise

B. Braun Medical has launched a new Web site exclusively devoted to products, services and educational and editorial information for ambulatory surgical centers.

The new online resource,www.ASC.BBraunusa.com, provides the ASC community with quick and easy access to B. Braun products that help deliver quality, effective and safe care to patients from pre-op to post-op and beyond.

"We strive to enhance the delivery of patient care and improve operational efficiencies," says Scott Quilty, VP OPM Division for B. Braun. "This new site takes our Sharing Expertise philosophy to a new level: Its focus on the surgery center industry accentuates our ongoing commitment to this important marketplace while allowing ASC managers to quickly locate product and best practice information."

Learn more about the new site and B. Braun here.

http://sourcemed.net/surgery/contact_surgery.php?prioritycode=5036
Surgical Notes and SourceMedical
Join to Create Strategic Alliance

Surgical Notes has entered into an alliance with SourceMedical that integrates the technology of both companies to improve the efficiency and financial performance of ASCs and surgical hospitals.

The alliance lets VMR Express, Surgical Notes' proprietary electronic medical forms generator and document imaging solution, import patient scheduling data directly from SourceMedical's AdvantX, Vision, and SurgiSource solutions to create medical forms as needed, store them digitally and manage them as needed. The solution empowers ASCs and surgical hospitals to progress beyond the use of cumbersome pre-printed medical forms.

Read more about the alliance here.

www.iamdarngood.com/beckers
Robinwood Surgery Center in Maryland Celebrates 15th Anniversary and 100,000 Cases

Robinwood Surgery Center in Hagerstown, Md., has recently celebrated its 15th anniversary and surpassed 100,000 cases.

Lana Gladhill, director of Robinwood, discusses the factors that have driven the center's longevity and ability to tackle so many cases here.

Note: If your center has a milestone to announce to any other news, e-mail Scott Becker at sbecker@mcguirewoods.com.

 
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IF YOU HAVE ANY QUESTIONS OR WOULD LIKE TO BE ADDED TO OUR E-WEEKLY UPDATE FROM BECKER'S ASC REVIEW, PLEASE E-MAIL SBECKER@MCGUIREWOODS.COM OR GO TO WWW.BECKERSASC.COM.
Contact us toll-free: (800) 417-2035

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.

1. MedHQ. Based in suburban Chicago, MedHQ provides accounting, revenue cycle, human resources and credentialing services to clients in 10 states. MedHQ is the expert in all these fields, providing business office functions to hospitals, surgery centers, imaging centers and physician practices nationwide.

2. QSE Technologies. QSE Technologies is a premiere IT systems integrator serving the ambulatory healthcare industry for more than five years. QSE works to design and implement technology infrastructure systems that support both today's and tomorrow's healthcare information technology needs.

3. Regent Surgical Health. As buyers, developers and managers of outpatient surgery centers and physician-owned hospitals around the country, Regent Surgical Health is an experienced developer and specialist in turnaround situations. Partnering with Regent can result in almost immediate improvements in financial health.

4. Practice Partners. Practice Partners in Healthcare takes great pride in the development, management and equity ownership with its physician and hospital partners. Specializing in de novo and turn-around situations, Practice Partners' physician base encompasses a wide array of surgeons with an emphasis in orthopedics.

5. Ion Healthcare. Ion Healthcare provides a turnkey solution for screening and management of patients with sleep apnea referred to your surgical center. The company's clinically proven quality program will provide your center everything needed to assess and manage risks of sleep apnea in patients referred to your center.

6. Prexus Health. Prexus Health is a 100 percent physician-owned company that specializes in the development and management of multi-specialty, physician-owned ASCs and small hospitals. Because Prexus believes in the "campus model" of development, it also assists with the development and operation of imaging centers, physical therapy services and anatomical pathology labs.

7. Serbin Surgery Center Billing. Serbin Surgery Center Billing was founded in 2001 to provide the answer to ASCs' complex and unique billing needs, providing expert and accurate coding, billing, collections, and managed care negotiations solely to the ASC industry. SCB's extensive knowledge of payor responsibilities and managed care contracting ensures you'll receive the highest reimbursements possible.

8. Woodrum/ Ambulatory Systems Development. Woodrum reorganizes, performs financial turnarounds and develops new ASCs; its strength is in growing ASC businesses with innovative programs and adding new surgeons. Woodrum manages more than 20 ASCs nationwide for doctors and/or hospital/physician joint-ventures.

9. McShane Medical Properties. McShane Medical Properties is an integrated design/build construction and real estate development firm offering comprehensive services for the healthcare industry. McShane's healthcare specialties include construction and real estate services for medical office buildings, ambulatory surgery centers, specialty hospitals, critical access hospitals, diagnostic imaging centers and centers of excellence.

10. zChart EMR. zCHART EMR was developed by dozens of healthcare professionals -- administrators, office staff, nurses and physicians -- at multi-specialthy outpatient surgery centers. Years of development and everyday use in the real-world surgery center environment has created a first-rate, intelligent, 21st century surgical chart that will surprise and delight users.

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

The 16th Annual Improving Profits and Business and Legal Issues for ASCs
Oct. 8 to 10, 2009
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 HealthCare Appraisers.
  • Click here to visit Blue Chip Surgical Center Partners
  • Click here to visit Practice Partners in Healthcare.
  • Click here to visit National Surgical Care
  • Click here to visit Ambulatory Surgical Centers of America.
  • Click here to visit Serbin Surgery Center Billing
  • Click here to visit Meridian Surgical Partners.
  • Click here to visit Erdman (A Cogdell Spencer Company)
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