Becker's ASC Review

Nov/Dec 2016 Issue of Becker's ASC Review

Issue link: https://beckershealthcare.uberflip.com/i/759093

Contents of this Issue

Navigation

Page 0 of 51

BECKER'S ASC REVIEW 6 Out-of-the-Box Opportunities to Improve ASC Profitability in 2017 By Anuja Vaidya As we close out 2016 and roll into 2017, ambulatory surgery center administrators are preparing for the challenges of the coming year. With the relentless evolutions and changes taking place in the healthcare industry, there is much to prepare for. Healthcare M&A Volume Up 16%, Value Drops 39% in Q2: 8 Things to Know By Laura Dyrda e number of health services mergers and acquisi- tions increased in the second quarter of 2016, but the value of the deals were down, according to a re- port from PwC. Kenny Hancock, president and chief development officer of Me- ridian Surgical Partners, and Barry Tanner, CEO of Physicians Endos- copy, divulge what they've seen in the industry so far in 2016 and what ASCs are up against with the start of the new year. 1. Physician-owned ASCs are seeking partners. Hospitals may increasingly enter strategic partnerships with ASCs to boost services, patient volume and phy- sician relations. Mr. Hancock notes hospital-sponsored ACOs will turn to ASCs to enhance popula- tion management initiatives and cut costs. "Joint ventures (three-way part- nerships between the ASC, hospi- tal and physicians) can be a win- win-win scenario depending on the market dynamics and project scope," says Mr. Hancock. rough a partnership: • An ASC retains a solid patient volume, with an opportunity to increase revenue from an integrated referral base. Additionally, the partnership continued on page 19 continued on page 24 continued on page 10 The State of the ASC Industry: 10 Key Notes for 2017 By Megan Wood Inside the issue: What's the Most Challenging Conversation You've Had? p. 16 Orthopedic Surgery in 2017 p. 35 8 Key Points on Independent Physician Practice p. 18 5 Trends in Ambulatory EHR p. 12 6 Areas of Focus for ASC Efficiency & Profitability p. 22 6 Hospitals, Health Systems Opening or Planning ASCs p. 26 19 Things to Know About Orthopedic Bundled Payments p. 46 INSIDE: Becker's 15th Annual Spine, Orthopedic and Pain Management-Driven ASC Conference + The Future of Spine Brochure November/December 2016 • Vol. 2016 No. 7 Becker's 15th Annual Spine, Orthopedic and Pain- Management Driven ASC Conference + The Future of Spine June 22-24, 2017 | Swissotel, Chicago 235 Total Speakers 140+ Physicians and Surgeons Speaking Keynotes from Andrew Hayek, Marcus Allen, Michael Kasper & Lou Dobbs Call 1.800.417.2035 or email registration@beckershealthcare.com or visit beckersasc.com/june-conference/ REGISTER TODAY 30+ STORIES FEATURED Inside The Issue

Articles in this issue

Links on this page

view archives of Becker's ASC Review - Nov/Dec 2016 Issue of Becker's ASC Review