From: Scott Becker <becker@beckersasc.com>
Subject: [Becker's ASC E-Weekly] Understand How Your ASC Compares: Comprehensive Data on Patient Revenue, Operating Expenses and Net Income for Pennsylvania Surgery Centers | 5 Core Characteristics of Challenging Surgery Center Deals by Scott Becker | 3 Models for Surgery Center Corporate Partnerships |
Reply: becker@beckersasc.com
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December 2, 2008
Latest News & Analysis

1. Report Provides Comprehensive Data on Patient Revenue, Operating Expenses and Net Income for Pennsylvania Surgery Centers. Click Here button

2. 5 Core Characteristics of Challenging Surgery Center Deals, by Scott Becker, JD, CPA. Click Here button

3. 3 Models for Surgery Center Corporate Partnerships. Click Here button

4. 3 Spine Products to Know With Neurosurgeon Dr. James B. Macon. Click Here button

Look for more coverage of spine and orthopedics in the January issue of Becker's Orthopedic & Spine Practice Review. To receive a complimentary one-year subscription, e-mail Scott Becker at sbecker@mcguirewoods.com.

5. Bill to Modify New Jersey's Codey Law Sees Possible Final Amendments, by Mark E. Manigan, JD, of WolfBlock. Click Here button

6. Physician/Hospital Joint-Venture Surgery Center Opens in Illinois. Click Here button

7. General Surgery Coding Guidance for 2009 Additions and Revisions, by Cristina Bentin of Coding Compliance Management. Click Here button

8. Learn More About Our 3 Featured E-Weekly Advertisers: Amkai, Pentax Medical and Ambulatory Surgical Group. Click Here button

9. Pennsylvania Senators Oppose Blue Cross, Highmark Merger. Click Here button

10. Surgery Center Supply Chain Savings Case Study, With Insights From Larry Lane of InstraMed Technology. Click Here button

www.amkai.com/tabid/93/tabid/109/default.aspx
Great Place to Work: Yellowstone Surgery Center (Billings, Mont.)

Yellowstone Surgery Center (YSC) in Billings, Mont., has created a working environment that would rival - and even possibly best - some home environments.

YSC provides catered lunches, big-screen televisions in the break room, and free food and drinks available throughout the day. This comes on top of annual bonuses, merit raises and special bonuses. By running the ASC and providing care with a "family" philosophy, staff members and patients are the beneficiaries.

Find out more about YSC by clicking here.

-- Learn about several other ASCs that are great places to work at in the January issue of Becker's ASC Review and on the Becker's ASC Web site.
www.iamdarngood.com/beckers
MultiCare Health System to Open Washington Surgery Center

MultiCare Health System, based in Tacoma, Wash., has announced it will open a new ASC at the MultiCare Gig Harbor (Wash.) Medical Park.

Learn more by clicking here.

--Share your surgery center, hospital or health system news with us by e-mailing Scott Becker at sbecker@mcguirewoods.com.

 
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www.ambulatorysurgicalgroup.com
Contact us toll-free: (800) 417-2035

10 Great Companies to Know

If you'd like more information about or an introduction to any of these companies, please e-mail Scott Becker.

National Medical Billing Services. NMBS specializes in freestanding outpatient surgery center coding and billing. NMBS's mission is to provide our clients with a unique and outstanding opportunity to increase revenue by offering a cost effective service, subject matter experts and integrity in business relationships.

ScheduleSurgery.com ScheduleSurgery.com offers SCOR, a multi-purpose communication and case scheduling tool that leverages the Internet to improve ASC case scheduling efficiency, customer service and ability to market services. SCOR does this by improving upon the phone and fax as the primary scheduling and communications medium to help ASCs improve their utilization and bottom line.

Medical Facilities Corporation. Medical Facilities Corporation is a publicly traded company and a leading acquirer of majority interests in high quality specialty hospitals and ASCs. Founded and managed by physicians and with a market capitalization over $300 Million, MFC permits physician-owners to retain local operational control while benefiting from being part of a larger prestigious healthcare organization.

Orion Medical Services. Orion Medical Services offers a turnkey approach to ASC development and management by covering all aspects of a project from financial feasibility analysis to site and operational development. Surgeons are able to own the majority share in the ASC so they maintain control, without having to do the time-consuming administrative work required to setup a surgery center.

The C/N Group. The C/N Group is a recognized leader in the development, ownership and operation of exceptional healthcare facilities, including ASCs, medical office buildings and diagnostic imaging centers. Since 1985, more than 20 healthcare facilities have been developed in the Northeast and Midwest, using the C/N Group's innovative, single-source approach.

Mednet. Mednet is a software technology company, led by a group of professionals from the ASC market that understand the core of your business practice and its unique requirements. Mednet has created a stand alone inventory management application called MIRA (Medical Inventory Reporting Application), which works with your existing management application, or with our soon-to-be-released ASC management application OASIS (Online Ambulatory Surgical Information Systems).

Spine Surgical Innovation. Spine Surgical Innovation designs and markets the Holmed Swivel Port System, which is designed for ease of use and intended for posterior or lateral lumbar surgery. Its designs are surgeon driven, our rich history and culture is focused on making surgical instruments and systems safe, easy-to-use and cost-effective.

Nueterra Healthcare. Nueterra Healthcare partners with physicians and hospitals to develop and manage community hospitals, surgical hospitals, ASCs and physical therapy centers including new development, joint-ventures, acquisitions and turnarounds. It provides its partners with access to business management and wealth building opportunities to ensure sustained growth throughout the lifecycle of your facility and beyond.

Marasco & Associates. Marasco & Associates is a national architecture and consulting firm, dedicated to providing quality facility design and development assistance for outpatient medical facilities, private physician groups, hospitals and institutional clients. It has have helped develop more than 300 ASCs and over 1,500 healthcare facilities nation wide over its 30-plus-year history.

Anesthesia Healthcare Partners. AHP provides ASCs, hospitals or office-based practice with all-inclusive anesthesia service solutions, including anesthesia billing, recruitment and practice management. AHP manages anesthesia teams that include anesthesiologists and CRNAs, and provides safe, consistent and efficient anesthesia services, including propofol sedation.

Upcoming ASC Events
The 7th Annual Orthopedics-, Pain Management- and Spine-Driven ASC Conference
June 11 to 13, 2009
Chicago

The 16th Annual Improving Profits and Business and Legal Issues for ASCs
Oct. 8 to 10, 2009
Chicago

For a complete list of upcoming events, click here
ASC
Quick Links
  • Click here to visit VMG Health for valuation needs.
  • Click here to visit HealthCare Appraisers.
  • Click here to visit Blue Chip Surgical Center Partners
  • Click here to visit Practice Partners in Healthcare.
  • Click here to visit National Surgical Care
  • Click here to visit Ambulatory Surgical Centers of America.
  • Click here to visit Serbin Surgery Center Billing
  • Click here to visit Meridian Surgical Partners.
  • Click here to visit Erdman (A Cogdell Spencer Company)
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