Services
ASCOA's seamless support services allow physicians to focus time and energy on enhancing their practices, rather than running an ambulatory surgery center. As majority owners, the surgeon partners remain in control of providing world class care with excellent outcomes. Being surgeons themselves, ASCOA's founders understand this. ASCOA holds a minority equity position in the ASC and manages it to produce industry leading profits.
With a changing industry, it’s more important than ever to maximize revenue and market share for hospitals and health systems. With ASCOA as the corporate partner, an ASC joint venture can accomplish both. ASCOA has developed or turned around over 60 ASCs with profit margins that far exceed the industry average. ASCOA is surgeon-founded and surgeon-managed, which means expertise on both the surgical and business side of structuring a successful JV. This superior volume of experience and profitability uniquely qualifies ASCOA for the complex challenges of forming and successfully managing an ASC joint venture. Read more about the benefits of an ASCOA partnership in hospital joint ventures.
Recent statistics indicate that 50 – 60% all ambulatory surgery centers nationwide either lose money or only break even. Given the reasons for having a surgery center in the first place, this is unacceptable. ASCOA sees a new underperforming center on average once per week. How does ASCOA turnaround these ASC's? Learn how we turnaround surgery centers.
When ASCOA develops a new center, the physician partners rely on its expertise before ever breaking ground. These services include certificate of need waivers/applications, state licensure applications, the Medicare certification process, and accreditation. Then, ASCOA handles the architectural design and engineering of the surgery center and manages the construction process. Read more about ASCOA's ambulatory surgical center development services.
Once the ASC is open, ASCOA earns its management fee by performing site management, ASC operations management, staff training and in-services, policy/procedure manuals and updates, staffing for maximum efficiency, and maintaining ongoing regulatory compliance. See how our approach to ASC management is unique and better.
ASCOA performs a comprehensive list of financial services for each center including: feasibility studies, project financing, financial management and payer contracting. Profits that impressively outperform industry averages result when ASCOA brings these services to each ASC. The overall financial model for a center depends on whether the project is a turnaround or a new development. Learn more about ASCOA's financial models. Learn more about ASCOA's financial services for surgery centers.
Through ASCOA's disciplined oversight, the surgeon partners' control, and consistent compliance, outstanding care is delivered in each ASC. ASCOA also maintains active certification and compliance with the industry's myriad of governing organizations. Additionally, through its sheer volume of ASC projects, ASCOA generates benchmarking data to constantly judge efficiency in each center. Learn more about our efforts to continuously improve surgery center quality.