Becker's ASC Review

June 2017 Issue of Becker's ASC Review

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BECKER'S ASC REVIEW 13 New ASCs Opened or Announced Physician groups, hospitals and ASC chains are opening centers across the country. is ar- ticle compiles 13 ASCs recently opened or an- nounced, including a new center for Physician Partners of America. Rush University Medical Center in Chicago and Cleveland Clinic Flori- da both broke ground on new ASCs. Surgery Partners Pays $760M for National Surgical Health Nashville, Tenn.-based Surgery Partners acquired surgical facilities owner and operator National Surgical Healthcare from Irving Place Capital for $760 million. Bain Capital Private Equity also an- nounced plans to acquire H.I.G. Capital's existing equity stake in Surgery Partners in conjunction with this transaction. Co-Founder of Chicago-based Minimally Invasive Spine Institute at Midwest Orthopaedics at Rush Frank Phillips, MD, discusses the next five years in spine surgery at ASCs. He touches on the expansion of spine procedures in the outpatient setting and new technology coming down the pipe. Dr. Phillips also advises on reimbursement for outpatient spine surgery, including implant carve-outs and demonstrating the value of an ASC. Physician owners have ample opportunity to partner with national chains or hospitals to maximize potential, and spine surgeons across the country are working closely with administrators to run successful ASCs. continued on page 13 continued on page 19 continued on page 24 The Next 5 Years for Spine Surgery in ASCs: Key Thoughts From Dr. Frank Phillips Inside the issue: 24 Statistics on ASC Company Management Fees p. 8 Colorado ASC Involved in $14.9M Lawsuit over Paralyzed Patient p. 8 11 Statistics on ASC Operating Expenses p. 12 Hospital for Special Surgery to Open HSS ASC of Manhattan in June p. 18 Why Rothman Institute Partnered With North- well Health, and Where They Will Expand in the Future p. 23 10 Facts on Gastroen- terologists Compen- sation, Benefits and Regional Salary Break- down p. 29 INSIDE: Becker's 24th Annual Meeting: The Business and Operations of ASCs June 2017 • Vol. 2017 No. 5 24th Annual Meeting: The Business and Operations of ASCs October 26-28, 2017 | Swissotel Chicago 137 LEADING SPEAKERS FROM SURGERY CENTERS 43 PHYSICIANS & 80 ADMINISTRATORS | OVER 190 SPEAKERS TOTAL Keynotes from Andrew Hayek, Bill Walton, Alexa von Tabel & Kirk Herbstreit To learn more & register, visit: www. beckersasc.com/annual-ambulatory- surgery-centers-conference/ SAVE THE DATE 30+ STORIES FEATURED Inside The Issue

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