Physician-Owned Surgical Facilities

Many physician ASC owner/operators have enjoyed a positive surgical environment, and have benefited greatly from the investment in their center. Yet between current health care trends and the ongoing dialogue surrounding health care legislation, the landscape for physician-owned surgery centers is changing.

Whether you are looking to boost your business or are considering selling, a fresh pair of eyes with industry expertise is critical to ensuring an optimal outcome. ASC Strategies has the laser-focus needed to look at your operations, staff and financial performance, and identify opportunities for maximum efficiency and profitability. ASC Strategies can benchmark your center against best practices and provide you with a candid assessment without requiring long-term management or equity participation.

Comprehensive Operational Assessments

  1. Highlight strengths and identifies opportunities
  2. Evaluate entire revenue cycle and business office
  3. Evaluate entire facility operations and the patient/surgeon experience

Operational Oversight

  1. Mentor the management team and set center-specific performance goals
  2. Provide direction and guidance to the management team as issues arise
  3. Provide an operational scorecard and performance update for all board members
  4. Make recommendations for improving efficiencies and profitability
  5. Conduct periodic site visits for on-site assessments, meet with staff and participate in board/partner meetings

Benchmarking, Case Profitability, and Financial Analysis

  1. Benchmark and performance measurement analysis
  2. Case cost and  case profitability analysis
  3. Contract, loan, lease, and financial analysis

CFO Services

  1. Annual budget and benchmark preparation
  2. Cost/benefit analysis when considering new procedures, equipment, specialties, payor contracts or surgeons.
  3. Monthly performance measurements and comparison to budget and benchmarks
  4. Contract, loan, and lease analysis

Due Diligence and Sale Preparation

  1. Work with physician owners to maximize the value of their facility
  2. Assist staff and physician owners in adjusting processes and procedures to appeal to potential purchasers
  3. Represent owners in discussions and negotiations with area health systems and physicians in acquisition discussions

Development of De Novo Surgical Centers and Partnership Syndication

  1. Assist in all aspects of development from concept to center opening
  2. Develop a partnership structure that is compliant with Federal regulations and serves to maximize returns and relationships
  3. Serve as management’s representative in meetings with investors

Licensing and Accreditation Preparation

  1. Assist with all required state, federal and industry applications, preparation and surveys
  2. Prepare a customized policy and procedure manual compliant with current regulations