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CATHOLIC HEALTH (CHS) provides care to the Western New York region, which has a patient population of nearly 2.8 million.
CONE HEALTH is a regional health system in Greensboro, North Carolina, with 6 hospitals and 1,300 employed physicians serving across 95 practice sites.
As more health systems recognize the need to create a more substantial
ambulatory surgery capability, executives should explore ASC joint ventures with employed surgeons.
Our guest on episode 37 of Healthcare Upside Down is Dr. Michael Davidson, Clinical Professor of Medicine at the University of Chicago Pritzker School of Medicine.
ASCs have emerged nationwide as high-quality, cost-effective alternatives to inpatient surgical services.
The healthcare industry is in midst of a transformation, with ambulatory surgery centers (ASCs) taking on an increasingly prominent role in the care continuum. As technology improves and regulations evolve, it is imperative for hospitals, ASCs, and physician practices to develop outpatient strategies that will enable them to thrive in a value-based care environment.
A focus on strategic planning and new partnerships will be central to accomplishing the necessary operational efficiencies required for long-term financial sustainability. ECG’s Ambulatory Surgery practice specializes in this dynamic and evolving space. Our national perspective, multidisciplinary approach, and deep expertise across healthcare strategy, finance, operations, and technology allows us to advise on and support our client’s initiatives from beginning to end.
As a high-performing, multi-specialty clinic, we needed someone who could provide more than standard solutions. ECG partnered with us, learning the nuances of our physician-led clinic, and provided highly-tailored, detailed reports that were unique to us. They helped us improve work flows and optimize processes in our ambulatory surgery center to get even more value out of existing resources. We found their knowledge and experience invaluable and I highly recommend the ECG team.
It is without hesitation that I recommend and endorse the quality and completeness that Naya’s team brings to a project. From our first project in 1999 to our current project in the Midwest, they have been outstanding. There are so many unknowns as you enter into a project and to be able to follow along an established pattern of excellence ECG’s ambulatory surgery practice outlines, gives you and your physician partners the confidence that your project is on track. They possess a wealth of information and years of experience that I have relied on and trusted for nearly years. It is through their pursuit of excellence that I have had the opportunity to recommend the team to many of my colleagues.
ECG’s ASC team has provided third-party insurance payer negotiations and facility fee reviews on behalf of Bend Surgery Center since 2007. The value added to our business has been worth many times the fees we have paid, which makes this team a great business partner for any healthcare institution. Their ability and expertise to determine net revenue per case on payer-specific case mix provides tremendous value. They have great insight into the current industry and have many valuable relationships. They also can provide the rationale to the payer regarding why they should pay the rates you are asking to receive.
This team has been an important partner for Merritt Healthcare. They have extraordinary expertise in the contracting process which, in our opinion, is not replicable without having their national breadth of experience. Merritt recommends them without reservation to anyone looking to improve the economics and terms of their commercial insurance contracts.
Associate Principal, Seattle
Hospitals that understand their exposure to surgical migration can develop a plan to offset and/or minimize the risk and position themselves for long-term success.
Medicare, commercial payers and employer groups are
demanding reduced healthcare costs. Providers must be responsive and proactive to
keep them all happy.
In this paper, we will describe the forces that are changing surgery and outline strategic considerations for navigating this fundamental shift in a crucial business.
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