Becker's ASC Review

Becker's ASC Review February 2016

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Putting It All Out There — Price Transparency in ASCs By Megan Wood ASCs tend to execute price transparency to attract medical tourists, compete with hospitals for health sav- ings account patients and become attractive to payers with lower rates. Price transparency on the surgery center's website, citing all inclusive costs, implant costs, surgery center fees and any overnight stay fees can draw patients from around the country and world. 51 Things to Know About Physicians Today — Compensation, Employment & Where Young Physicians Are Headed By Allison Sobczak Here are 51 statistics on physicians in private practice, hospital employment and other arrangements about their financial situation and outlook for the future. Ensuring ASC profitability in 2016 will require more out-of-the-box thinking than ever before. "2016 is likely to bring further shis towards value-based purchasing for ASCs," says Brian Mathis, senior vice president, strategy and payment in- novation at Surgical Care Affiliates. "We have seen this take on many forms ranging from quality incen- tives for surgeons to bundled pay- ments to full capitation. ASCs pro- vide high quality care at lower cost so are well-positioned to capitalize on this shi to value." It is important for ASCs to leverage their unique position to succeed in the new value-based landscape. Here are some of the biggest chal- lenges to ASC profitability in the coming year and how to overcome them: 1. Pressure on fee-for-service reimbursement. Increasingly, ASCs will face downward pressure on FFS from CMS and commercial health plans. ASCs willing to take on risk with commercial health plans are in a good position to overcome FFS chal- lenges. Another way to combat those challenges is to add new service lines that increase the ASCs value to its com- munity. "For example, [SCA] now has nearly 20 ASC's performing total joint replacements and the outcomes are fantastic," Mr. Mathis says. 2. The push toward price trans- parency. e push toward transpar- continued on page 7 continued on page 43 continued on page 6 10 Biggest Challenges to ASC Profitability in 2016 By Anuja Vaidya Inside the issue: 40 Statistics on ASC Case Mix Here are key statistics on ASC case mix for orthopedics, gastroenterology, pain procedures and more. p. 9 26 Great Books for ASC Leaders ASC owners and operators reveal the books that have influenced their careers. p. 10 How Physician-Hospital Integration Impacts Revenue Key thoughts from a new study about how physician integration affects the hospital's bottom line. p. 42 GI Physician Pay Eight statistics on gastroenterologist compensation. p. 45 Becker's 14th Annual Spine, Orthopedic & Pain Management-Driven ASC Conference + The Future of Spine June 9-11, 2016 at Swissôtel, Chicago Don't miss 124 Physician Speakers and 117 Sessions Keynote Speakers: Lou Holtz & Tucker Carlson For more information, visit or call (800) 417-2035. SAVE THE DATE INSIDE: Becker's 14th Annual Spine, Orthopedic and Pain Management-Driven ASC Conference + The Future of Spine Brochure February 2016 • Vol. 2016 No. 2

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