After several years of insurance companies aggressively setting limiting rates as to what they will pay out-of-network providers, New York has launched an investigation into whether insurance companies are unfairly setting those rates and causing patients to pay disproportionately high…
Since the administering of safe and effective anesthesia is such an essential component of the procedures performed in your ASC, you should approach the decision of who will provide anesthesia to your patients with due diligence. Here are three best…
Stephanie Wasek: Can you summarize briefly what CareCredit offers both practices and patients? Rob Morris: CareCredit lets patients pay their current bills in full immediately with the use of interest-free and low-interest extended monthly payment plans. ASCs get paid in…
This article provides insight into four different concepts to strategically attack and manage operations in a surgery center.1 The four cornerstones are derived from a Harvard Business Review article, “The Four Principles of Enduring Success.” The author, Christian Stadler, studied…
This article summarizes several critical issues related to establishing an ambulatory surgery center. The article focuses on business and planning issues. An article in an issue later this year will discuss key operating agreement and legal and regulatory issues for…
This article focuses on current events and risks in the growing orthopedic and spine devicemaker industry.1 Orthopedic and spine procedures can be very profitable for surgery centers, as confirmed by the increasing number of centers performing these procedures. Reimbursement is…
Only one-fourth of Medicare beneficiaries receive recommended screenings for colorectal cancer since Medicare initiated coverage for screening colonoscopies, according to an American Cancer Society study printed in the association’s journal CANCER in January. The study looked at a sample group…
By all accounts, GI as a specialty — and especially single-specialty GI ASCs — will be hit the hardest by CMS’s restructuring of the ASC payment system. But despite a 4.3 percent average cut for GI procedures, the situation is…
Physicians and hospitals, it would seem, can complement each other in many ways that would benefit both parties. For example, for physicians, running an ASC is more difficult than ever: Competition is stiff, regulatory and legal issues are more complicated…
After reviewing the data on the safety and efficacy of sugammadex sodium injection, which reverses muscle relaxation induced as part of anesthesia, the FDA's Anesthetic and Life Support Drugs Advisory Committee has unanimously recommended it for approval by the agency.…