New survey shows patients were not at greater risk of contracting COVID-19. Outpatient Surgery Magazine Ambulatory surgery centers performed essential surgeries during the initial phase of the coronavirus pandemic with patients facing virtually no heightened risk of contracting COVID-19, according to a survey conducted by the ASC Quality Collaboration (ASC QC). Go to the full…
A new white paper from Regent Surgical Health, available for download here, outlines four trends for ASCs in 2020, and outpatient total joint replacement tops the list. The stage was set for an accelerating outpatient TJR trend last year when the Centers for Medicare & Medicaid Services (CMS) updated policies to include total knee arthroplasty…
Originally published by Becker’s ASC Review. ASCs deliver tremendous value to patients and payers alike. Operating profitably, however, in this era of thinning margins can be a challenge. In October, at Becker’s ASC Review 26th Annual Meeting in Chicago, Regent Surgical Health hosted a workshop to explore how ASCs can increase their revenues in 2020.…
Four trends are gaining traction as the healthcare industry approaches the year 2020 and the industry’s transformation to value-based care positions hospitals, physicians, and ASC partners to accelerate ambulatory strategies. The latest white paper from Regent Surgical Health titled “OUTPATIENT ACCELERATION: 4 Trends Shaping Ambulatory Growth in 2020” outlines developments pushing the industry faster and faster…
Illinois Sports Medicine & Orthopedic Surgery Center (ISMOSC) recently completed its 500th total or partial joint replacement surgery. Focused primarily on total knee and total hip replacements, the Morton Grove-based ambulatory surgery center (ASC) completed its first total joint replacement (TJR) procedure in late 2015, following thorough advance planning and a strong contractual agreement with Blue…
In part 1 of our 2-part blog series “Strategic Advantages Associated with HOPD to ASC Conversion,” we highlighted how to deliver the best quality care while improving the bottom line by reversing course on the previously popular trend of converting ASCs to HOPDs. Part 2 will outline the three steps necessary to realize the strategic…
Streamlining the billing process while making it more transparent for patients is a priority initiative for many of the ambulatory surgery centers (ASCs) in Regent’s network. A case in point is Knightsbridge Surgery Center in Columbus, Ohio, and the work they’re doing to improve both communications and efficiency around patient billing. Working within the center’s…
C-suite execs responding to the Advisory Board’s Annual Health Care CEO Survey said healthcare revenue growth was their top priority for 2019. This is a departure from last year’s results which focused on implementing sustainable cost control initiatives as the top concern. While still important, “innovative approaches to expense reduction” fell to number five among…
Designing a bundled payment program for your ambulatory surgery center (ASC) is a complex process because the pieces of the puzzle change every time a new bundle is created. But the time is now to accelerate your center’s efforts to execute: bundled payments are expected to be 17% of all medical payment types by 2022.…
When it comes to opening or developing a new ASC, there are scores of things to consider. We provide five dos and don’ts for opening or developing a new ASC including trends that impact efficiency and success. Stephanie Martin, VP of operations, believes the shift toward hospital-physician ASC partnerships is driven by the industry’s challenging reimbursement…