The following article is written by Christopher L. Suscha, vice president, de novo business development for Meridian Surgical Partners.
Spine procedures in the outpatient setting are becoming more prevalent. With advances in technology and anesthesia, we are seeing a steady migration in spine from the inpatient to outpatient setting. It makes perfect sense: Patients enjoy the advantages and ease of having procedures performed at an outpatient center, while physicians enjoy the efficiencies they experience over the hospital setting. Spine surgeons are evaluating opportunities to develop and own ambulatory surgery centers. This is driven by:
1. Control of surgical environment. Spine surgeons can significantly impact their surgical environment resulting in faster OR turn times, more appealing block times, much more efficient work flow and consistent staffing.
2. Patients enjoy the advantages and ease of having their procedures performed at an outpatient center. Based on patient education by the surgeon, patients are able to enjoy the convenience and comfort of an ASC setting, while also getting back to their daily lives faster.
3. Quality investment opportunity. Advances in technology and improved surgical techniques continue to make ASCs an attractive setting and investment. When considering developing an ASC, research the various business models and partnership structures. It is not uncommon for physicians to have an ownership interest in the ASC operating entity and the real estate. Both can be attractive and an integral component to a balanced investment portfolio.
When planned appropriately, a spine program will be financially beneficial for the partnership. However, it does require careful planning and implementation. We advise anyone planning an ASC to seek professional assistance from individuals or companies that have experience in spine-focused surgery centers.
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