This is an edited transcript. Download the full podcast episode here.
Question: When you think about your surgery center’s potential growth, what comes to mind?
Leasa Hermanson: We’re in a really precarious position here in our area. We have one hospital system and it’s sort of a monopolistic environment. So we’ve had some real challenges with the restrictive covenants and recruiting physicians, because a lot of the new doctors are looking toward the bigger groups and looking toward the hospitals. … So I think in the future — like I said, we’re one of the few physician-owned centers that are left around — I would not be surprised if we decided to partner with a larger entity, as many surgical centers have had to do. It is only because of our board of directors and their efficiencies, looking for every way to staff and finance things creatively, that we are able to manage without having a managing partner or working with a hospital system.
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.