ASCs can maximize their profits by implementing a holistic strategy that addresses marketing, patient experience and operations, according to VIE Healthcare Consulting Founder and CEO Lisa Miller.
VIE Healthcare follows six steps to boost ASC efficiency and profitability:
1. Identify process-improvement, revenue-growth and cost-saving opportunities.
2. Leverage existing data to evaluate current ASC operations.
3. Promote effective billing processes by restructuring outpatient surgeries.
4. Review and overhaul billing and copay practices, as well as vendor and provider agreements.
5. Identify areas for improvement in patient satisfaction.
6. Expand the ASC's patient base through marketing.