Case Costing Helps ASCs Thrive Despite Reimbursement Differential

While lower reimbursement for the exact same procedures done at hospitals is a reality for ambulatory surgery centers (ASCs), superior operating efficiency and meticulous accounting make continued sector growth possible. Case costing is one such accounting method, focusing on capturing the costs of supplies used but indirect costs could be rolled in as well. But corralling…

Regent Surgical Health Expands Business Development Team

Regent Surgical Health welcomes Justin Neerhof as Vice President of Business Development. In his new role, Neerhof will leverage his deep multi-specialty surgery center expertise as he works closely with physician groups and hospital systems to merge, acquire, and develop ambulatory surgery centers. “Justin’s track record of creating mutually beneficial joint venture partnership agreements and his…

Regent Surgical Health Strengthens Leadership Team to Accelerate Growth

Regent Surgical Health welcomes two veteran healthcare executives and promotes from within, strengthening its position as one of the nation’s leading surgery center management and development companies, and the largest private organization operating physician/hospital ASC joint venture partnerships. “We are rapidly growing our national footprint and strategically building our team to drive our business forward…

Lessons Learned from Opening a New ASC Dedicated to TJR and Complex Procedures

Since opening its doors in early 2018, Oregon Surgical Institute (OSI) has delivered high-quality, outpatient outcomes to total joint replacement (TJR) patients. The center of excellence designed for complex procedures is dedicated to TJR, spine, orthopedics, and pain management. Recently, two of OSI’s partner surgeons, Dr. Jim Ballard and Dr. Chris Nanson, shared what they’ve learned…

Patient Billing Estimator Delivers Cost Transparency for Patients, Reduces Aging A/R for Knightsbridge ASC

Streamlining the billing process while making it more transparent for patients is a priority initiative for many of the ambulatory surgery centers (ASCs) in Regent’s network. A case in point is Knightsbridge Surgery Center in Columbus, Ohio, and the work they’re doing to improve both communications and efficiency around patient billing. Working within the center’s…

Healthcare Execs Say Improving Ambulatory Access Is Primary Interest for 2019

C-suite execs responding to the Advisory Board’s Annual Health Care CEO Survey said healthcare revenue growth was their top priority for 2019. This is a departure from last year’s results which focused on implementing sustainable cost control initiatives as the top concern. While still important, “innovative approaches to expense reduction” fell to number five among…

Designing a Successful Bundled Payment Program

Bundled payment programs provide many benefits for physician practices and ambulatory surgery centers (ASCs), including: cost savings, reduced unnecessary surgeries and readmissions, and better overall patient experience. Bundled payments are a quickly growing payment type; by 2022, they are projected to reach a 17% share of all medical payment types. But organizing and operating a…