From: Scott Becker <>
Subject: [Becker's ASC E-Weekly] A/R Analysis for ASCs by Revenues | ASC Acquistions Still Closing -- NovaMed Closes on ASC Deal | ASCOA Announces Third-Quarter Results | 5 Core Concepts of a Sucessful Surgery Center |
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December 4, 2008
Latest News & Analysis

1. Accounts Receivable Analysis for ASCs by Revenues, From the 2008 VMG Health Intellimarker. Click Here button

2. ASC Acquistions Still Closing -- NovaMed Closes on ASC Deal. Click Here button

3. Ambulatory Surgical Centers of America (ASCOA) has announced the opening of five ASC projects in the third quarter, bringing the year-to-date total for the company to 11. Agreements on two more projects are expected by year's end. Click Here button

4. 5 Core Concepts of a Successful Surgery Center, by Scott Becker, JD, CPA. Click Here button

5. 2 Great Centers to Know Performing 10,000+ Cases Annually. Click Here button

See the full list of centers to know performing more than 10,000 cases a year in the Jan./Feb. issue of Becker's ASC Review. Subscribe today.

6. Bayer Healthcare to Pay $97.5 Million to Settle Kickback Allegations. Click Here button

7. Case Study: Temporary Facility Strategy Speeds Development of Joint-Venture. Click Here button

Receive a complimentary one-year subscription to Becker's Hospital Review: E-mail Scott Becker at

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

9. Foundation HealthCare Affiliates Announces Launch of Two New Companies. Click Here button

10. We are seeking speakers on several topics for June, including (1) a panel on spine in ASCs -- current tips for success, (2) a speech on handing total knees and hips in ASCs, (3) a talk on hand surgery in ASCs, and (4) a talk more generally on key tips to improve the profits of an orthopedic practice. We are also seeking two or three top-level administrators to speak on the nuts and bolts of operating an orthopedic and pain or ortho-spine-pain center successfully. Finally, we are seeking to put together a panel on physician-owned hospitals and where we go from here. If you have any suggestions, please email Scott Becker at
Cost to Build: Sample 2-OR ASC, From Meridian Surgical Partners

Usually running about $1 million per OR, a small, single-specialty center with two surgical suites ranges from $2 million to $3 million, with larger-multispecialty ASCs costing $4 million to $8 million, according to calculations provided by Meridian Surgical Partners, which partners with physicians seeking to develop new ASCs in addition to acquiring interests in existing physician-owned facilities.

See chart and analysis from a sample project here.

Learn more about Meridian.
B. Braun's DoseTrac Software First to Provide Inbound Admission Discharge and Transfer Capability

In an industry first that will help healthcare providers improve patient safety and reduce medication errors as they streamline care, B. Braun Medical has announced the launch of its DoseTrac Infusion Management Software with Inbound Admission, Discharge and Transfer (ADT) Interface Capabilities.

A leader in infusion therapy, B. Braun was the first infusion pump vendor to offer real-time wireless information when it introduced its DoseTrac Infusion Management Software. The ADT Interface capability, also an industry-first, makes connectivity easier and less expensive, says the company. It's one of a series of connectivity programs the company expects to introduce for DoseTrac to support better communication among clinical, administrative and ancillary applications.

Read more here.
Great Place to Work: Surgicare of Lake Charles (Lake Charles, La.)

Staff confidence in its leadership is a critical element in whether staff members view their employment fondly. Strong leadership not only serves as a great motivator, but it can also provide comfort for staff members who can feel confident that their place of work is likely to remain open even during challenging economic times.

Read more about Surgicare of Lake Charles here.

See the complete list of Great Places to Work in the Jan./Feb. issue of Becker's ASC Review.

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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.

VMG Health. VMG Health is recognized by leading healthcare providers as one of the most trusted valuation and transaction advisors in the United States. VMG's experience is unparalleled and their credentials are unmatched.

Erdman (A Cogdell Spencer Company). For more than 50 years, the name Erdman has been synonymous with the delivery of innovative healthcare facility solutions. As an integrated provider, Erdman offers service from facility conception to completion, including advance planning, development, design and construction.

Meridian Surgical Partners. Meridian aligns with physicians in the acquisition, development and management of multi-specialty ASCs and surgical facilities. Meridian acquires interests in established physician-owned surgical facilities, as well as, partners with physicians seeking to grow their businesses locally through the development of new surgical facilities.

Eveia Health Consulting & Management. Founded by I. Naya Kehayes, MPH, Eveia Health Consulting & Management is comprised of a team of seasoned professionals who are experts in reimbursement management, managed care contracting, and business management with a specialization in ASCs and surgical practices. Senior management advise national corporations and provide leadership in health policy initiatives related to reimbursement on behalf of ASCs at both state and federal levels.

Surgical Notes. Surgical Notes is a nationwide provider of medical transcription, coding and other related value-added information technology services for ASCs. Surgical Notes offers the VMR Express, an electronic medical forms generator and document imaging solution and, an online, secure, interactive, personal health record portal for the general public to compile and organize all healthcare-related data.

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.

HealthCare Appraisers. HealthCare Appraisers is a nationally recognized valuation and consulting firm providing services exclusively to the healthcare industry. Services include fair market value opinions for compensation and service arrangements, business valuation, consulting and advisory services, and litigation support.

Provation Medical. ProVation Medical has created ProVation EHR, the first electronic health record designed for busy, cost-conscious ASCs. ProVation EHR offers robust electronic documentation and document imaging for all elements of the patient encounter, from past records to procedure documentation to follow-up care.

Symbion. Symbion is a leading provider of high-quality surgical services across many specialties. Led by one of the industry's most experienced management teams, the company was founded in 1996 to acquire, develop and operate surgical facilities in partnership with physicians, hospitals and health systems.

SourceMedical. SourceMedical is the leading provider of outpatient information solutions and services, collectively serving ASCs and surgical hospitals. Its unique end-to-end systems improve operational efficiency and cash flow while empowering healthcare facilities to deliver a higher standard of patient care.

Upcoming ASC Events
The 7th Annual Orthopedics-, Pain Management- and Spine-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
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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