Becker's ASC Review

Sept/Oct 2016 Issue of Becker's ASC Review

Issue link:

Contents of this Issue


Page 0 of 79

12 Largest ASC Chains in the US By Anuja Vaidya and Laura Dyrda Here are the 12 largest ASC chains and the number of ASCs in each chain s of August 2016. Tenet/USPI (470). Tenet acquired 50.1 percent of United Surgical Partners International last year with a path toward full ownership. At the time of the acquisi- tion, Tenet refinanced $1.5 billion USPI debt and paid $404 million to pre-existing USPI shareholders. USPI combined its 49 ASCs and 20 imaging centers with Tenet's facilities at that time. As of the first quarter of CMS Proposes 1.2% ASC Payment Increase in 2017: 8 Key Points By Mary Rechtoris CMS released its 2017 Medicare Outpatient Prospec- tive Payment System proposed rule, which aims to enhance Medicare patients' quality of care. Here are eight key points: 1. Based on the policy changes in the proposed rule, CMS projects ASC payments would increase 1.2 per- cent. Nearly 10 years ago, Meridian Surgical Partners, an ambulatory surgery center management and development company, acquired an interest in Miami-based Coral Gables Surgery Center. In 2006, the surgery center was comprised of seven physician partners and 15 additional creden- tialed physicians who performed outpatient surgical procedures in orthopedics, pain management, plastic surgery, general surgery and urology. e bulk of the cen- ter's case load was ophthalmology, which accounted for 72 percent of the ASC's revenue. However, competition in the Mi- ami area posed obstacles; there are 23 free-standing facilities and 27 hospital-based facilities vying for the region's nearly 2.3 million residents. CGSC competes with 20 other surgery centers within a 10-mile radius who offer similar services. continued on page 31 continued on page 23 continued on page 6 How One Miami-based ASC Increased its EBITDA by 90% — 4 Key Strategies By Mary Rechtoris Exclusive Stories Bundled Payments in ASCs Key thoughts on orthopedic bundles from an experienced ASC. p. 42 SCA, Nobilis Acquire New Centers ASC companies partner with new centers over the past few months. p. 26 15 Statistics on GI Pay Key information on gastroenterologist compensation, net worth, jobs and more. p. 45 Coaching Teams to Greatness Coaches Bob Knight and Mike Ditka on five core management truths. p. 56 INSIDE THE ISSUE: 36 ASCs With 23-Hour Stays September/October 2016 • Vol. 2016 No. 6 Becker's ASC 23rd Annual Meeting The Business and Operations of ASCs October 27-29, 2016 | Swissotel, Chicago 206 Total Speakers Keynotes from Pat Riley, Sugar Ray Leonard, and Lee Woodruff REGISTER TODAY

Articles in this issue

Links on this page

view archives of Becker's ASC Review - Sept/Oct 2016 Issue of Becker's ASC Review