Becker's ASC Review

March_April_2019_ASC

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14 ASC MANAGEMENT 10 states with the most Medicare-certified ASCs By Angie Stewart C alifornia has more Medicare-certified ASCs than any other state, according to the Ambulatory Surgery Center Association. It is the third largest state in the U.S., based on square mileage. ASCA collected CMS data from June 2018. 1. California: 794 2. Florida: 426 3. Texas: 391 4. Georgia: 350 5. Maryland: 346 6. New Jersey: 259 7. Pennsylvania: 244 8. Washington: 188 9. Arizona: 181 10. Ohio: 181 n 10 states with the least Medicare-certified ASCs By Angie Stewart V ermont is home to even fewer Medicare-certified ASCs than Washington, D.C, which has three, according to the Ambulatory Surgery Center Association. ASCA collected CMS data from June 2018. 1. Vermont: 1 2. West Virginia: 10 3. Rhode Island: 10 4. North Dakota: 12 5. Alaska: 16 6. Maine: 16 7. South Dakota: 17 8. New Mexico: 17 9. Montana: 17 10. Wyoming: 18 n FBI searches 2 eye centers: 4 key notes By Laura Dyrda W arwick, R.I.-based Koch Eye Associates and Dart- mouth, Mass.-based Eye Health Vision Centers received a visit from FBI agents, according to a Providence Journal report. Four things to know: 1. Agents removed boxes and searched the premises of Koch Eye Associates, according to the report. The practice was opened again for regular business the next day. 2. The FBI is reportedly "working with another agency, con- ducting court-authorized activity," an FBI spokeswoman told the Providence Journal. 3. Both eye centers are part of Claris Vision. 4. The FBI escorted patients out of the premises at Eye Health Vision Centers and denied entry when patients arrived for ap- pointments, according to a Seacoast Today report. n 12 statistics to know on ASC management fees By Rachel Popa H ealthCare Apprais- ers' 2018 ASC Valu- ation Survey pro- vided insight into the ASC market and surgery center characteristics. Fifteen respondents repre- senting over 700 surgery centers in the U.S. respond- ed to HealthCare Apprais- ers' survey. Respondents shared input on management fees: Typical management fee rate for ASCs as a percentage of net revenue 1. 3 percent: 27 percent 2. 4 percent: 13 percent 3. 5 percent: 40 percent 4. 6 percent: 20 percent Respondents who have minimum annual management fees 5. Have minimal fees: 53 percent 6. Don't have minimal fees: 47 percent Respondents whose management fee charges vary based on revenue 7. Charges vary: 40 percent 8. Charges don't vary: 60 Revenue thresholds at which manage- ment fees decrease 9. Less than $500,000: 33 percent 10. $500 million to $749.9 million: 33 percent 11. $750 million to $999.9 million: 17 percent 12. $10 billion to $12.49 billion: 17 percent n

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