The profitability of ASCs across the country varies greatly, with some posting substantial profits while others suffer substantial losses. Industry reports estimate that roughly half of ASCs are just surviving, so it is more important than ever that ASC leaders…
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To Brent Lambert, turning around a moneylosing surgery center is a simple matter. "If staffing costs are 40 percent of revenues, I know we can turn the center around," says Lambert, co-founder of ASCOA. "In money-losing centers, staffing is usually…
Brent Lambert, MD, FACS, suggests the following seven reasons that ASCs fail and offers advice for improvement.
On Feb. 19, Brent Lambert, MD, president of Ambulatory Surgery Centers of America, spoke about financial and business problems facing ASCs and ways to improve them in a teleconference hosted by McGuireWoods.
The healthcare sector is not immune to the weak economy and, as such, some ASCs may be finding themselves increasingly in financial trouble. This was the subject of a McGuireWoods teleconference entitled "10 Keys to Turning Around Financially Troubled Ambulatory…
Limits on COBRA health insurance for the unemployed would be extended from nine to 15 months under legislation passed by the U.S. House, according to the Employment Law Update.
The Philadelphia Secret Service has entered into an investigation into the alleged theft of patient records from the University of Pennsylvania Health System, according to a report in the Philadelphia Daily News.
American Anesthesiology, a subsidiary of Fort Lauderdale, Fla.-based MEDNAX, has acquired Wilmington (N.C.) Anesthesiologists, a physician group practice that provides anesthesia services for more than 39,000 cases annually, including surgical, obstetrical and cardiovascular patients, according to a MEDNAX news release.
A report in the December issue of the Archives of Ophthalmology shows that injecting the corticosteroid triamcinolone into the eye may slow the progression of diabetic retinopathy, a complication of diabetes that can cause vision loss and blindness, according to…
The Illinois Supreme Court has delayed its ruling on a case regarding the constitutionality of a medical malpractice damages cap, according to a report by the Chicago Tribune.