Physician credentialing is done in order to verify the competency and capabilities of a surgeon looking to practice at a particular facility or in a contract with an insurance company. Everything is evaluated from education to the overall quality of the work done by that physician. There is a fairly standard process to physician credentialing, […]
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There are many steps that need to be taken in order to prepare your ASC for a transaction. One of these steps comes in during the valuation/due diligence process and involves recasting or normalizing your financials. Why Recast? Over the course of your ownership, there will be certain expenses that will need to be adjusted […]
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While it is understood that ASCs might not be the best setting for all cardiovascular (CV) procedures and treatments, there are certain types of procedures that are actually better off done in a surgery center. Not only are there multiple benefits to be had by patients who opt to have such procedures done in an […]
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Reimbursement, high deductibles and hospitals making active efforts to recruit physicians are not really trends that owner operators of ASCs like to think on. However, these trends, while threatening, can be countered. Current Threats Some of the biggest threats to ASCs at the moment stem from the growing strength of hospital systems, according to Mike […]
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A practice that some ASCs have begun to adopt is that of price transparency. Publishing prices, while not a totally new idea, is something that has started to gain some momentum. The discussion on pricing in healthcare is a tricky one to navigate. With costs of procedures incredibly high, patients can become anxious at the […]
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In a time when urgent care centers are on every corner and patients are looking for the quality care they can offer, owner operators of such centers are looking for ways to set their centers apart from the competition. One way in which this can be done would be to implement a clinical trial study […]
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When looking to invest in an urgent care center as a platform company, financial sponsors, or private equity groups, have certain points that they look for. These typically vary from fund to fund, but there are a few general points that owner operators of such centers should look to become familiar with if partnering with […]
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We have covered topics before that have been directed at helping you to understand who should be on your team when undergoing a transaction. When buying or selling an ASC or other outpatient surgery center, it’s critical to hire the right investment banker and healthcare transaction lawyer. However, another roll that is important to fill […]
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One of the more commonly misunderstood areas of medicine would have to be the world of bariatric care. Many hear this term and think it is simply a way to classify things by a standard of how much weight it can support. Others hear it and think of liability nightmares as results of malpractice. However, […]
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There are many reasons that an owner operator, or a future owner operator of an urgent care center, ASC, or other type of outpatient facility might wish to become familiar with the topic of bank lending. From startups, to acquisitions to expansion, understanding what you’re getting into when taking out a loan from a bank […]
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