Surgical Center Turnaround
ASC turnaround situations have comprised 60 70% of ASCOAs centers in recent years. With an estimated 50 60% of all ambulatory surgery centers losing money, this represents a universe of at least 2,500 nationwide. ASCs of all maturity levels have asked ASCOA to partner with them to turnaround their underperforming operations. The main causes of underperforming centers are:
Poor ASC Management
- - Costs vs. % of collections (Staffing, Supplies, Leases, etc.)
Inefficiencies
- - Overbuilt facilities
- - Loose scheduling
Lack of surgeon recruitment
Lower than optimal reimbursement per case
- - Case minimums not tracked
- - Poor contracting with payers
See the principles behind ASCOAs turnarounds in Dr. Brent Lamberts ASC Turnaround PowerPoint or hear a recorded Turnaround Teleconference and Question/Answer session with Dr. Lambert hosted by Scott Becker, JD of Beckers
ASC Review.
Based on our wealth of surgical center turanaround experience, ASCOA has developed sophisticated business and financial models specifically for surgicenters in this predicament.
Many centers have gone through all their operating capital and credit lines by the time they seek assistance. While ASCOA certainly can turn things around then, the ASCOA team can help well before a center finds itself in a crisis. To start a conversation with ASCOA about a current or new ambulatory surgery center, please complete the form on our contact page.