Surgical Information Systems shared five things ASC leaders should take into consideration when replacing a high-volume surgeon on their blog:
1. Staffing, training and equipment costs. A new surgeon’s needs, such as new supplies, capital investments, the staff they may bring and equipment the ASC may be lacking, can be costly. To ensure an ASC can fit these needs into their budget, leaders should take the time to learn what each potential replacement may require.
2. Current shareholders. ASC owners may disagree with creating more shares for new owners due to the possibility of their own holdings diluting in value.
3. Employment at hospitals. If you partner with a hospital, consider whether their employed physicians will be able to perform cases at the ASC. Work with hospital partners on contract language that would allow employed physicians to also perform surgery in the ASC.
4. Operating agreements. ASCs should consider updating or creating new operating agreements to take the future needs of the center into consideration, like revising language to allow recruitment.
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ASC leaders less satisfied than a year ago, report finds: 4 statistics
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.