Number of Surgeon Partners and ASC Profitability

Insights from an ASC Expert: Scott Bacon

How many surgeon partners do I need to form a new ASC partnership? 

The short answer is, it depends. No one wants to hear this, but it is much more complicated than one number. The focus should be on the revenue required for a successful ASC partnership. To determine projected revenue, we analyze historical outpatient case types and associated volumes for the interested surgeon partners. A carpal tunnel procedure reimburses very differently than a total knee replacement, but both can be profitable cases to the ASC partnership.

Read more: Number of Surgeon Partners and ASC Profitability

Price Transparency Rules Have Taken Effect. Now What happens?

By Will Holding and Rafiq AhmedAdobeStock 146251672 pricetransparency small

February 22, 2023

With recent legislation, price transparency has become a buzz word in our space. What does it mean for the industry, for patients, providers, payers?

We sat down with Rafiq Ahmed, co-founder of Serif Health, to discuss price transparency, how it’s affecting the market, and how it might change the healthcare landscape.

Read more: Price Transparency Rules Have Taken Effect. Now What happens?

Compass Surgical Partners, Bon Secours, Local Physicians Break Ground on Millennium Surgery Center

New Facility to Offer Outpatient Ortho, Spine & ENT Proceduresasc groundbreaking3 small

Greenville, SC // December 8, 2022 –Compass Surgical Partners (Compass), Bon Secours, and local physicians broke ground on the Millennium Surgery Center this week. The new facility will offer orthopaedic, spine, and ENT procedures, along with robotic outpatient joint procedures. Historically, 100% of these surgeries have been performed in the hospital.

"This all started with us thinking how to do things better and differently, and thanks to the partnership with Compass Surgical Partners, we’ve created an opportunity for more efficient, cost-effective care in Greenville. As a physician, I’m very excited for the patient access this will bring and proud that we’ll soon have the ability to serve our community even better," said Dr. Michael Sims, an orthopaedic surgeon with Bon Secours Piedmont Orthopaedics.

Read more: Compass Surgical Partners, Bon Secours, Local Physicians Break Ground on Millennium Surgery Center

Overcoming Five Common Roadblocks to Implementing an EHR

As we plan for 2023, ASCs are doing themselves a disservice by continuingnational cancer institute NFvdKIhxYlU unsplashsmall to chart on paper. Between the increased utilization of the ASC space for surgical care and the ever-growing need to communicate patient information across all avenues of care, it’s getting harder and harder to continue the argument against implementing an EHR.

Here are five common roadblocks it’s time to overcome, written by Kelli McMahan, VP of Facility Development at Compass Surgical Partners and Maura Cash, RN, BSN, CASC, VP of Clinical Strategies at HST Pathways.

  1. There is no federal mandate.
    Unfortunately, this is true, but you should not put any stock into a federal mandate as there are so many cultural drivers that matter more than a federal mandate. Your patients expect to be able to view and access their charts. Your staffing shortages will only increase if you tell a 28-year-old clinical provider that they must chart on paper. You’ll never be able to negotiate better rates with your payers if you cannot prove positive outcomes. The list goes on – so disregard the lack of a federal mandate and consider your staff and patients!

Read more: Overcoming Five Common Roadblocks to Implementing an EHR

Compass Surgical Partners Accelerates Operations Innovation through Strategic Hires

Raleigh, NC // October 26, 2022 – Compass Surgical Partners (Compass), an independent, full-service ASC management partner, expands its team to help hospital and surgeon partners deliver the highest quality surgical care.

Ambulatory surgery centers (ASCs) are freestanding surgical facilities that serve as a convenient, low-cost, same-day surgery option for patients. The case migration from inpatient to outpatient settings has accelerated, with the ASC market continuing to grow rapidly. To that end, Compass further expands its expert team to help partners optimize operational and growth strategies and thereby improve the lives of both patients and providers.

“As providers search for better surgical environments and patients search for high-quality outpatient care, we’re investing in additional resources to increase operational excellence and benefit our partners in our mutual quest to deliver high-performance partnerships,” said Compass CEO DJ Hill.

Read more: Compass Surgical Partners Accelerates Operations Innovation through Strategic Hires

Our mission is to create high-value partnerships that provide exceptional surgical services to the local communities and provide a positive return on investment to each partner.

Compass Surgical Partners