Becker's ASC Review

Becker's ASC Review October 2013

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LIST INSIDE: 50 Ophthalmology-Driven ASCs to Know, 7 Steps to Plan for Sustainable, Long-Term ASC Success INSIDE Can ASCs Survive Healthcare Reform? p. 14 6 Questions to Ask for Adding Specialties p. 25 5 Best Practices for ASC Leadership Transitions p. 16 Physician Roundtables: Gastroenterology, Ophthalmology & Sports Medicine ASCREVIEW Practical Business, Legal and Clinical Guidance for Ambulatory Surgery Centers October 2013 • Vol. 2013 No. 8 100 ASC Benchmarks & Statistics to Know By Laura Miller Here are 100 benchmarks and statistics for ambulatory surgery centers based on reports from Accreditation Association for Ambulatory Health Care, Ambulatory Surgical Centers of America, Ambulatory Surgery Center Association, HealthCare Appraisers, Provista, RemitData, Objective Health, MedPAC and VMG Health. All benchmarks and statistics on this list are averages gathered by compiling data from multiple ASCs. INDEX Operational benchmarks 1. Administrator salary is $109,184.1 ASC Administrator Roundtable p. 9 2. Administrators in the west receive the highest salary, at $114,109 while administrators in the Midwest receive the lowest salary at $104,317. ASC Turnarounds: Ideas to Improve Performance p. 11 continued on page 42 Executive Brief: Gastroenterology Trends p. 21 Transactions/ Valuations p. 25 Gastroenterologist Roundtable p. 32 Coding, Billing & Collections p. 35 Ophthalmologist Roundtable p. 40 Sports Medicine Roundtable p. 41 6 Golden Rules of Surgery Center Staff Engagement From Lori Martin By Carrie Pallardy 6 Biggest Threats to ASCs Right Now By Heather Linder Ambulatory surgery centers are not immune to the tumultuous healthcare industry, and every day ASC owners will come up against major threats to maintaining a successful practice. Two ASC industry experts — Luke Lambert, MBA, CFA, CASC, and Joseph Zasa, JD — examine impending threats to ASC success and what surgery centers can do to counter these threats. Mr. Lambert is the CEO of Ambulatory Surgical Centers of America, and Mr. Zasa is a managing and founding partner of ASD Management.  continued on page 20 Surgery center administrators bear a great deal of responsibility for their center's performance and daily operations. Finding the key to an engaged staff is one of the best actions administrators can take to fulfill that commitment. "The more invested the staff is the more honesty you get, even when you're not there. An engaged staff does what is best for the patient and the center," says Lori Martin, administrator of Summit Surgery Center in Reno, Nev. From purchasing less expensive supplies to working well with the center's physicians, a staff that is committed to a surgery center will do everything possible to see it thrive. Ms. Martin shares six proven ways to forge effective staff engagement at surgery centers. continued on page 13 To subscribe to the FREE Becker's ASC E-weekly, go to www.BeckersASC.com or e-mail Scott Becker at sbecker@beckershealthcare.com

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