Issue link: https://beckershealthcare.uberflip.com/i/164385
LIST INSIDE: 201 Women Leaders to Know in the ASC Industry, 20th Annual Ambulatory Surgery Centers Conference Brochure INSIDE 7 Key Financial Metrics for ASCs p. 13 Physician Roundtables: Gastroenterology, Ophthalmology & Orthopedics Cut Costs Where it Counts: Reduce ASC Staff Hours Per Patient p. 16 How to Recruit a Superstar DON p. 68 INDEX ASC Turnarounds: Ideas to Improve Performance p. 8 Coding, Billing and Collections p. 20 Ophthalmology Roundtable p. 22 Gastroenterology Roundtable p. 27 ASCREVIEW Practical Business, Legal and Clinical Guidance for Ambulatory Surgery Centers September/October 2013 • Vol. 2013 No. 7 8 Strategies for Smart ASC Physician Investors to Prepare for the Future By Laura Miller Ambulatory Surgical Centers of America CEO Luke Lambert talks about eight strategies successful ambulatory surgery center physician investors are considering to prepare for the future. 1. Partner with a hospital. Many physician investors have begun considering hospital partners to help them navigate through the changing healthcare landscape. Ambulatory surgery centers can leverage hospital partners for better managed care contracts and potential access to more patients from hospital-employed physicians and primary care referral sources. continued on page 11 Rising Stars: 40 ASC Industry Leaders 40 Years or Younger By Laura Miller Orthopedics Roundtable p. 30 Here are 40 surgery center industry leaders who have made an impact on the field despite being 40 years old or younger. Executive Brief: How PPACA Impacts ASC Physicians p. 45 Scott Allen, National Medical Billing Services (32). Mr. Allen is the senior director of managed care contracting for National Medical Billing Services. He is also heavily involved in ASC industry advocacy and serves on the payer relations committee of the Healthcare Billing Management Association. Executive Brief: Advanced Airway Management p. 61 continued on page 34 4 Ways to Avoid Common Surgery Center Financial Mistakes By Carrie Pallardy Tracey Harbour, RN, BSN, administrator of Surgery Center of Pinehurst (N.C.) identifies four steps that ambulatory surgery center leadership can take to build a strategic defense against the frequent financial mistakes that happen in ASCs. 1. Always have a materials manager. Ambulatory surgery centers may not be as large as hospitals, but the amount of materials used still represents a level of complexity that needs to be carefully supervised. This represents a huge opportunity for cost savings — or a large drain on revenue. Someone needs to be placed in a role that oversees the materials the physicians and staff of an ambulatory surgery center are using. continued on page 15 REGISTER TODAY! 20th Annual Ambulatory Surgery Centers — Improving Profitability and Business and Legal Issues Conference October 24-26, 2013 • Swissotel • Chicago Keynotes: David Feherty, CBS Golf Commentator and Best Selling Author, Rick Pitino, Head Men's Basketball Coach University of Louisville, Bob Woodward, Legendary Pulitzer Prize-Winning Journalist/Author and Associate Editor, The Washington Post, Bonnie Blair, Speed Skating Champion and Gold Medalist Great business focused meeting for Ambulatory Surgery Centers 132 plus speakers; 87 plus sessions For more information, call (800) 417-2035