Some companies begin at board room tables.
Compass Surgical Partners began at a picnic table.
On a spring day in Raleigh, North Carolina in 2011, co-founders Sean Rambo and DJ Hill sat across from one another at a picnic table to chart a new course for developing and managing ambulatory surgery centers (ASCs).
Is your health system planning to launch a new ambulatory surgery center? You can build a strong financial foundation for your ASC if you work with payers to ramp up volume as soon as possible. You can achieve this goal—if you know the ropes.
The graph below illustrates the payer mix our team achieved for a recent HOPD-to-ASC conversion after licensure and before accreditation. A ramp up like this isn’t possible unless you persuade managed care organizations (MCOs) to credential your de novo ASC early.
By Scott Bacon & Austin Kroschel
Developing a cardiovascular ambulatory surgery center can be a shrewd way for health systems to retain and build market share amidst increased demand for CV outpatient procedures.
But is a CV ASC a smart strategy for your health system? Even if your answer is a resounding ‘yes!’ you must consider many variables as you plot your course. If this project feels a little overwhelming, take heart. Here’s help.
Here are seven questions to jumpstart your analysis and set you on the path towards the CV ASC strategy that is best for your health system.
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