John V. Prunskis, MD, CEO and medical director of the Illinois Pain Institute and The Regenerative Stem Cell Institute in Barrington, Ill., discusses the best opportunities for ASCs in the next five years.
Dr. Prunskis will share his expertise as a speaker at the Becker's ASC 26th Annual Meeting: The Business and Operations of ASCs, Oct. 24-26, 2019 in Chicago. To learn more and register, click here. For more information about exhibitor and sponsor opportunities, contact Maura Jodoin at mjodoin@beckershealthcare.com.
Question: What healthcare trends are game-changers for ASCs today?
Dr. John Prunskis: The recognition that hospitals receive substantially greater payments than ambulatory surgery center and physician offices for identical procedures is gaining greater traction. Those hospital payment rates are coming down.
Electronic health records continue to be a negative influence for physicians, patients and overall healthcare in most scenarios.
The continued interest and acquisitions of ASCs is exerting its input on the market.
Q: Where do you see the biggest opportunity for ASCs to thrive in the next five years?
JP: Delivering excellent care at payment rates lower than hospitals.
Q: How can ASC owners ensure the viability of their business in a competitive market?
JP: Having top physicians who regularly use the ASC and provide quality service.
Q: What payer trends should ASC owners and operators pay attention to today?
JP: Out-of-network has dwindled. Favorable in network rates are important.
Q: What are ASCs doing today that won't lead to success in the future?
JP: They need to make sure that they are staffing correctly.
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