The Outpatient Ophthalmic Surgery Society outlined three things to know about ASC management companies in the latest issue of The Ophthalmic ASC magazine.
Here are the key insights to know:
1. The services ASC management companies provide. An ASC management company may provide strategic planning services, billing, collections and group purchasing services, among others, depending on the ASC's agreement.
2. The benefits of working with ASC management companies. ASCs partnering with management companies reap additional benefits such as increased revenue, reduced expenses and professional management.
3. Partnering with a management company. When making the decision to partner with a management company, ASCs should talk to other physicians who work with the company, as well as independent ASC owners who have decided not to make the switch.