While some independent ambulatory surgery centers may be placing a joint venture partner as a high priority, many ASCs have already established strong partnerships with a hospital and management company. “There is more pressure than ever to maintain these relationships,” says Nap Gary, COO of Regent Surgical Health. Here are five initiatives leaders of joint…
At the Becker’s ASC Conference in Chicago last month, I gave a presentation with Regent Chief Development Officer Jeffrey Simmons on Regent’s ambulatory surgery center joint venture models. After explaining to the audience the industry trends leading independent ASCs and hospitals to seek joint ventures and the success we’ve had with our ownership models, an…
Healthcare reform is driving drastic change in the industry as a whole and the ambulatory surgery center industry. As healthcare legislation causes fluctuation in reimbursement rates, physicians shift towards hospital employment and the pressure to provide quality, cost-effective care increases, the ASC industry faces a number of challenges in this shifting landscape. Here are 50…
When a hospital chooses to invest in an ASC Joint Venture (JV), this choice is often driven by a desire to align the interests of the community’s best independent specialists with its hospital system. As such, maintaining this alignment is key to the ultimate success of the ASC JV. Regent’s proprietary ownership models are designed…
Kathleen Bernicky, RN, BSN, director of clinical operations for Regent Surgical Health recently wrote an article discussing best practices for wearing and laundering surgical attire. Proper surgical attire is intended to protect not only the patients, but also the perioperative staff. AORN and APIC recommendations and guidelines have been published for years and are very…
Regent Surgical Health recently entered into a joint-venture agreement with an academic medical center — a departure from the traditional three-way joint-venture model of an acute-care hospital, management company and physician group. Under its agreement with Robert Wood Johnson University Hospital in New Brunswick, N.J., Regent will help move the hospital outpatient department to a…
Interview with Anne Roberts, Administrator for Becker’s ASC Review Q: In 2006, Saint Mary’s Regional Medical Center in Reno, Nev., handed over majority ownership of the Surgery Center of Reno to physicians. Why did it do that? Anne Roberts: The center was poorly managed and had a hospital mentality. That is to say, it was…
Interview with Tom Mallon, CEO, for Becker’s ASC Review Regent Surgical Health celebrates its 10-year anniversary this year (2011). Tom Mallon, CEO of Regent, discusses the milestone, how the company became and has remained successful and what he thinks will be necessary to allow him to reflect on the company’s 20-year anniversary a decade from…
By Mike McKevitt, Senior Vice President, Business Development The ambulatory surgery center sector of the healthcare industry is showing signs of maturity. Growth in the number of new centers, overall surgical volumes and the number of surgeons who are not currently affiliated with an ASC has hit a plateau. Yet despite the maturity, the only…
The ambulatory surgery center (ASC) sector of the healthcare industry is showing signs of maturity. Growth in the number of new centers, overall surgical volumes, and the number of surgeons who are not currently affiliated with an ASC has hit a plateau. Yet despite the maturity, the only constant we see within the industry is…