A supply chain tip Ms. Castro shared with Becker’s ASC Review:
“It’s easier for a single-specialty to know exactly where [its] case costing is. If you’re not watching your preference cards or case costing, you really could be losing revenue. If your costs outweigh what’s being reimbursed, that’s not an ideal way to increase your revenue. Focusing on what encompasses that procedure — and the implant is going to be the biggest part — would be the first area to focus on.”
More articles on supply chain:
3 key opportunities for success in the ASC market
Top challenges facing ASCs: How to capitalize on growth & avoid headwinds
ASCs should avoid these 3 supply chain revenue leaks
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.