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ASC’s Partnering With Corporate Chain or Hospital
Independently owned Ambulatory Surgical Centers (ASCs) are increasingly being approached by ASC Corporate Chains and Hospitals for them to purchase equity ownership, usually a majority ownership, and to take on the responsibility of managing the ASC after the equity purchase transaction is completed.
Strategic Planning For Ambulatory Surgical Centers
Ambulatory Surgical Centers (ASCs) do not effectively utilize strategic planning (long-term planning) and consequently find themselves reacting to internal and external market forces and at a competitive disadvantage in the market.
Benefits From Optimizing Surgical Specialty Mix
Ambulatory Surgical Centers (ASCs) profit margins are shrinking and many are beginning to experience financial pressure due to declining reimbursement and operating costs continuing to increase. One strategic option available, to increase profitability, is for the ASC to optimize its surgical specialty mix. ASCs can significantly improve operating margins and cash flows by strategically managing and optimizing their surgical specialty mix.
Optimizing Performance with a Business Office Assessment
Ambulatory Surgery Centers (ASCs) often leave money on the table because their business office is not performing at an optimal level. If an ASC is not achieving its expected level of financial success based on the volume of services provided, a comprehensive Business Office Assessment can offer the analysis, insight and information ASCs need to optimize performance, improve efficiency and maximize revenues.