Kaufman Hall’s Post

Ambulatory Surgery Centers (ASCs) have transformed the healthcare landscape by providing cost-effective, high-quality outpatient surgeries. However, operating an ASC involves navigating a series of revenue cycle challenges that can disrupt cash flow and impact overall financial health. Understanding these unique hurdles and implementing effective solutions is key to ensuring the sustainability of ASCs. Read more: https://lnkd.in/dkGU3x59 #rcm #asc #ascs #ambulatorysurgerycenters #medicalcoding #medicalbilling #outsourcing #ushealthcare #healthcare #nexthealth #vardhanmedicalcoding #vardhanhit

Ambulatory Surgery Centers continue to show the outcome is worth the investment as care moves from the tower to the MOB. Article from Becker's ASC Review highlights the outpatient value of ASCs and includes reference to my friends at Compass Surgical Partners. Contact Development & Construction Insight (DCI) for your next ASC exploration. #Development #ASC #DCI

In a case study article for Health Innovation Kent Surrey Sussex, Definition Health's Medical Director and Co-Founder, Dr Rosie Scott shares her journey from frontline NHS clinician to clinical entrepreneur, explaining how Definition Health was born out of a desire to improve surgical efficiency, reduce unnecessary appointments, and enhance patient care. Rosie also highlights the power of collaboration in healthcare innovation, emphasising how working together with others can create more viable solutions. Read the full article to learn more about how Definition Health is transforming surgical care and our plans for future growth and international expansion. 👉 https://lnkd.in/ew2zfEQd #Innovation #ClinicalEntrepreneurship #NHS #MedTech #DigitalHealth #HealthcareInnovation

Empower patients to take charge of their care with Self-Service Rounding. From outpatient settings to ambulatory surgery centers to discharge-readiness rounds, real-time feedback is revolutionizing healthcare experiences. Learn how SSR enables real-time service recovery in our latest blog!   #HealthTech #PatientExperience #SelfServiceRounding

Our own Ash Higgs shared his thoughts with Management in Practice for their 'Survival tips to help your practice through 2024'. 'We have seen two distinct approaches to using ARRS funding. The first, which seems to lead to desired outcomes for patients, is when the surgery uses it to support GPs. For example, a patient with a musculoskeletal complaint sees a first-contact physiotherapist instead of a GP. The second, which almost always results in lower patient satisfaction, is the prioritisation of ARRS-funded roles over GPs for financial reasons.' Read the full piece here: https://lnkd.in/g8WPzSFq #mcghealthcare #GP #primarycare #managementinpractice #ARRSfunding

What role do Ambulatory Surgery Centers (ASCs) play in #healthcare? ASCs play a crucial role in modern healthcare by providing efficient, cost-effective surgical care outside of traditional hospital settings. A few reasons why they're so important: 💰Cost-effectiveness - ASCs typically have lower overhead costs compared to hospitals, resulting in lower charges for patients and payers. This helps to reduce overall healthcare expenses. 🕗 Convenience - Patients appreciate the streamlined processes, shorter wait times, and easy access to outpatient surgical procedures closer to home. 💡 Innovation - ASCs are at the forefront of adopting new technologies and techniques, driving innovation. This enables them to offer advanced treatments and procedures to patients. 👩⚕️ Specialized care - Many ASCs focus on specific procedures or specialties, allowing for a high level of expertise and specialized equipment tailored to those services. This specialization leads to better outcomes for patients. Overall, ASCs play a vital role in enhancing access to quality outpatient surgical care while simultaneously reducing healthcare costs, and improving the patient experience. #ASC #healthcare #outpatient

Are a value-based health care leader? If so - you must be aware that a majority of your spending is on specialty services such as orthopedics. What are the ways to lower those expenditures? Here is a short article that might help: https://lnkd.in/gy3FszSE

Today, the Massachusetts Health Policy Commission released a new issue of the DataPoints series, Trends in Ambulatory Surgery Centers (ASCs) in Massachusetts. Findings from an analysis of the ASC landscape in Massachusetts include: ➡️𝐌𝐚𝐬𝐬𝐚𝐜𝐡𝐮𝐬𝐞𝐭𝐭𝐬 𝐡𝐚𝐬 𝐟𝐞𝐰𝐞𝐫 𝐀𝐒𝐂𝐬 𝐭𝐡𝐚𝐧 𝐦𝐨𝐬𝐭 𝐬𝐭𝐚𝐭𝐞𝐬.  The Commonwealth has the fourth fewest ASCs per capita nationally, at eight ASCs per million population compared to a national average of 18 per million, likely due to historical regulatory barriers to entry. ➡️𝐋𝐨𝐰𝐞𝐫 𝐀𝐒𝐂 𝐩𝐫𝐢𝐜𝐞𝐬 𝐫𝐞𝐬𝐮𝐥𝐭 𝐢𝐧 𝐥𝐨𝐰𝐞𝐫 𝐩𝐚𝐭𝐢𝐞𝐧𝐭 𝐜𝐨𝐬𝐭 𝐬𝐡𝐚𝐫𝐢𝐧𝐠.  Procedures performed in ASCs are lower-priced compared to the same procedures performed in hospital outpatient departments (HOPDs), and these lower prices tended to result in lower patient cost sharing. The average commercially-insured patient cost sharing for a colonoscopy with polyp removal was roughly 12% lower in ASCs. ➡️𝐀𝐒𝐂𝐬 𝐚𝐫𝐞 𝐮𝐬𝐞𝐝 𝐥𝐞𝐬𝐬 𝐨𝐟𝐭𝐞𝐧 𝐛𝐲 𝐌𝐚𝐬𝐬𝐇𝐞𝐚𝐥𝐭𝐡 𝐩𝐚𝐭𝐢𝐞𝐧𝐭𝐬.  For GI procedures, a common ASC service, commercial patients had 27% performed in an ASC (versus a HOPD), while MassHealth patients had 10% performed in an ASC. Explore more about the ASC landscape in Massachusetts on the interactive dashboard: https://lnkd.in/e5CJGB3f #healthpolicy #healthcarecosts 

The industry shift towards value-based care represents a significant opportunity for Ambulatory Surgery Centers to improve patient outcomes and reduce healthcare costs. Learn more about the crucial role of value-based care in ASCs. https://ow.ly/In9N50Tb1px #HealthcareInnovation #DigitalHealth #HarrisCareTracker #WeAreHarris

With over 9,000 ASCs in the U.S. and growing, the shift to outpatient surgery is accelerating. For ASC owners, incorporating high-demand spine procedures can boost profitability, offering significant cost savings and high-quality outcomes. NANISX offers a comprehensive suite of interventional spine procedures, helping ASC owners enhance their offerings and financial performance. #ASC #OutpatientSurgery #Orthopedics #HealthcareGrowth #NANISX #SpineSurgery #InterventionalPain #KICVentures #BackPain