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6 Becker's ASC 22nd Annual Meeting - The Business and Operations of ASCs – Call (800) 417-2035 Practical Business, Legal and Clinical Guidance for Ambulatory Surgery Centers ASCREVIEW July/August 2015 Vol. 2015 No. 6 FEATURES 1 The Next 5 Years — 11 Key Thoughts & Best Strategies for ASCs 1 How to Grow Top-Line Revenue in ASCs 1 The Financial Pulse of Your ASC: 4 Key Notes on Revenue Cycle 7 Publisher's Letter 10 McKenzie-Willamette Medical Center Fires Surgeon Who Performs Cases at ASC; Surgeon Sues Hospital — 11 Key Notes 10 10 New Outpatient Surgery Center Plans, Openings 12 Healthcare Spending Rises 7.2% in Q1: 5 Key Points 12 3,900 Physicians Earn Millions From Medicare in 2013: 3 Things to Know 12 15 Statistics on Net Worth for Physicians ASC Turnarounds 15 OIG Kickback Alert Focuses on Physician Compensation Arrangements 16 Staying State-of-the-Art: The Investments That ASC Administrators Most Recommend 18 GI Financial Playbook: 3 Experts on Revenue Cycle Management for GI Centers 21 7 ASCs With Quick A/R Turnaround Executive Briefing: DVT Prevention in ASCs 23 Mobile Compression Post-Discharge as the Next Frontier Transactions & Joint Ventures 28 4 New Joint Venture ASCs 28 USPI Partners With Surgical Institute of Reading — 7 Key Notes 28 4 Recent ASC Acquisitions & Partnerships 28 Tenet Completes USPI, Aspen Healthcare Transactions 29 HCA Defeats Opponents: 5 Things to Know About TriStar Southern Hills Medical Center's $17M Surgery Center Project 29 Beloit Health System ASC Earns Long-Awaited CON: 4 Key Points 30 132 ASC Administrators to Know | 2015 37 Becker's ASC 22nd Annual Meeting - The Business and Operations of ASCs brochure Coding & Billing 47 Are You Ready? Productivity, Cash Flow to be Hardest Hit by ICD-10 48 Blue Cross Parent Posts $281.9M Loss in First Year of PPACA Exchanges 49 Dr. James Chappuis: Merging Business Principles With Medical Practices Quality & Accreditation 50 10 Notes on U.S. Drug Shortages 51 Where 3 Key Pieces of ASC Legislation Are Headed 52 7 Tips for ASCs to Ace the Accreditation Puzzle 54 10 Summer Reads for ASC Administrators 55 How Orthopedic & Spine Centers can Thrive Over the Next 5 Years — Drs. Richard Wohns, Daniel Murrey, David Rothbart 56 5 Fresh Ideas for Differentiating Your ASC 56 Dr. Richard Rosenfield: Creating the National Model for Successful Gynecology-Driven ASCs 57 Population Health and Spine: 5 Ways to Prepare for the Future 58 Slashing Supply Costs With Orthopedic Preference Items—7 Strategies 59 Healthcare Fraud: A $98B Industry — 10 Things to Know 59 Former OtisMed CEO Gets 2 Years in Prison in Knee Device Scandal — 5 Key Notes 60 7 statistics on The PPACA & physician practices 60 New ASC Opening at Rockaway Beach: 8 Things to Know 61 Tenet Completes USPI, Aspen Acquisitions: 7 Things to Know 62 11 Anesthesia Mergers & Acquisitions in 2015 So Far 62 Advertising Index EDITORIAL Laura Dyrda / Editor in Chief, Becker's ASC Review & Becker's Spine Review ldyrda@beckershealthcare.com Molly Gamble / Editor in Chief, Becker's Hospital Review mgamble@beckershealthcare.com Carrie Pallardy / Editor cpallardy@beckershealthcare.com Heather Punke / Editor hpunke@beckershealthcare.com Ayla Ellison / Editor aellison@beckershealthcare.com Kelly Gooch / Senior Writer/Reporter kgooch@beckershealthcare.com Shannon Barnet / Writer/Reporter sbarnet@beckershealthcare.com Akanksha Jayanthi / Writer/Reporter ajayanthi@beckershealthcare.com Emily Rappleye / Writer/Reporter erappleye@beckershealthcare.com Tamara Rosin / Writer/Reporter trosin@beckershealthcare.com Anuja Vaidya / Senior Writer avaidya@beckershealthcare.com SALES & PUBLISHING Jessica Cole / President & CEO 312-505-9387 / jcole@beckershealthcare.com Katie Atwood / Vice President of Operations 219-746-2149 / katwood@beckershealthcare.com Maggie Wrona / Director of Sales/Strategy 847-533-4118/ mwrona@beckershealthcare.com Sarah Laeuchli / Strategic Account Manager 312-448-9237 / slaeuchli@beckershealthcare.com Maura Jodoin / Account Executive - Integrated Campaigns 708-822-1786 / mjodoin@beckershealthcare.com Matt Anderson / Assistant Account Manager 312-448-9245 / manderson@beckershealthcare.com Eliza Hinton / Assistant Account Manager 312-929-3493 / ehinton@beckershealthcare.com Sarah Lohr / Assistant Account Manager 312-448-9234 / slohr@beckershealthcare.com Ariel Leung / Assistant Account Manager 312-448-9235 / aleung@beckershealthcare.com Scott Jones / Assistant Account Manager 312-448-9244 / sjones@beckershealthcare.com Leah Fishbein / Client Strategy/Marketing Manager 312-448-9232 / lfishbein@beckershealthcare.com Margo Vieceli / Client Strategy Manager 312-448-9241 / mvieceli@beckershealthcare.com Emma Goodman / HR/Recruiting/Operations Coordinator 312-448-9239 / egoodman@beckershealthcare.com Meghan Kelleher/ Sales/Marketing and Account Coordinator 312-448-9235 / mkelleher@beckershealthcare.com Megan McCormack / Ad Operations/Marketing Coordinator 312-448-9246 / mmccormack@beckershealthcare.com Lauren Groeper / Senior Director of Events 630-639-7595/ lgroeper@beckershealthcare.com Jessica Miller / Director of Events 847-302-0303 / jmiller@beckershealthcare.com Natalie Leoni / Content/Operations Coordinator 312-448-9233 / nleoni@beckershealthcare.com Scott Becker / Publisher sbecker@beckershealthcare.com Becker's ASC Review is published by ASC Commu- nications. All rights reserved. Reproduction in whole or in part of the contents without the express writ- ten permission is prohibited. For reprint or subscrip- tion requests, please contact (800) 417-2035 or e-mail sbecker@beckershealthcare.com. For information regarding Becker's ASC Review, Becker's Hospital Review or Becker's Orthopedic & Spine Practice Review, please call (800) 417-2035. Becker's Healthcare Becker's ASC Review Becker's ASC Review @BeckersASC