WE’LL DEVELOP, MANAGE, AND GROW YOUR ASC
CELEBRATING 16 YEARS OF SERVICE
TAILORED STRATEGIES TO MEET YOUR NEEDS
Surgery Center Specialists
Healthcare Venture Professionals (HVP) offers comprehensive ambulatory surgical center consultation and management services throughout the United States. We work primarily with hospitals on their outpatient ASC strategies and help them collaborate with outside physicians and physician groups that are interested in a joint venture ASC model. We offer a flexible range of services for both interim and long-term projects. Read More
ASC Projects: The First Step
The first step in any ambulatory surgical center project is a financial feasibility analysis. This will lead the decision-making process throughout the venture and provide you with projected volumes (by specialty), 5-year Pro Forma, Capital Costs (Facility, Equipment, and Working Capital), Debt & Equity Requirements, and a Return on Investment (ROI). HVP will perform a complete analysis, tailored to your needs and time frame, including capital costs and proforma financial and statistical statements.
Ambulatory Surgery Center Management
“Previously, I had indirectly observed and also heard from my colleagues about the wonderful job that HVP was doing related to the development and ongoing operations of the West Hartford Surgery Center.
“Now, as a representative of Hartford Hospital on the LLC Board of Directors of the Glastonbury Surgery Center, I have the opportunity to routinely interact and directly observe the HVP Corporate Team. I must admit that all the positive comments I had previously heard about HVP are true!
“While I am very familiar with inpatient systems, this is my first Board activity in an ambulatory center. Every question I had was answered by HVP people with facts, observations, and examples from the West Hartford Surgery Center, and other sites. I am impressed with how HVP could draw on its experience elsewhere to provide logical, well-thought-out, rational decisions on difficult issues which arose at almost every Board meeting. As has become the rule in clinical situations in medicine, helping run this business has convinced me that ‘you can never do it alone.’ HVP provides balance, experience, rationality, and a sense that ‘we have been there, and we know what to do now to achieve our goals.’
“All the HVP representatives I’ve dealt with are extremely knowledgeable and professional. They’ve prepared GSC to be well-positioned in a very complex and challenging healthcare environment. HVP’s expertise and commitment to the provision of high-quality outpatient surgical services is quite evident and reflects well on the overall commitment of Hartford Hospital to providing such services to the community it serves through state-of-the-art programs and facilities such as our GSC joint venture.”
-Joseph J. Klimek, M.D., FACP
Vice President, Physician Relations
“We originally engaged HVP to direct the development phase for a Multi-Specialty Joint Ventured ASC to be owned by Connecticut Surgical Group (CSG) and Hartford Hospital. It was a very complicated project where the ASC was one component of a larger satellite healthcare and commercial venture.
“From the outset, we benefited greatly from HVP’s obvious knowledge and experience. They took charge of the project and worked closely with us to accomplish several key tasks and to identify a number of significant ASC design improvements. We were so pleased with the results of our previous decision that we subsequently entered into a longer term management services agreement for the ASC with HVP.”
-Jeffrey Morgenstern, M.D.
West Hartford Surgery Center
“HVP provided needed interim leadership and consulting support to our specialty surgery facility at a very critical juncture. They showed tremendous insight into both the operational and strategic aspects of our organization and made a tremendous contribution to our stabilization. In doing so, HVP representatives also demonstrated a unique understanding of the challenges, needs, and mindset of physician owners such as me. Thanks to HVP, RHI can now look toward a bright, positive future. I’d welcome an opportunity to work with HVP again in the future.”
Riverview Health Institute, Dayton, OH
“HVP gave us the personal attention and on-site commitment they promised. They offered the guidance we needed to get our Outpatient Surgery Center off to a great start and everyone on their team was extremely responsive to our needs. In our first five months since opening, the volume is close to the center’s capacity and we are operating at, or very near, all of the operating and financial benchmarks. They exceeded my expectations. I would recommend HVP to anyone with a similar need.”
Rowan Regional Medical Center, Salisbury, NC
“Physicians from the Connecticut Surgical Group supported the decision to change our new ASC from a Joint Venture with the Hospital to a Hospital Outpatient Department or HOPD. HVP provided key analysis as a part of this decision. CSG now manages the ASC and is receiving great support from HVP. HVP and its ASC Administrator have been instrumental in identifying additional physicians and new equipment and procedures that will contribute to ASC growth for many years to come. We’ve created a unique team approach for the ASC, and HVP is an integral part of the equation.”
–Jeffrey Cohen, M.D.
Connecticut Surgical Group
“Our Physician-Hospital Joint Venture ASC entails dealing with 10 individual orthopedic surgeons from three historically competing groups — not the easiest of situations to bring together! HVP moved smoothly into this complicated situation and demonstrated its obvious experience and comfort level in dealing with such a diverse group of professionals.
“They’ve helped us work through some potentially difficult issues among the physicians and have also played an important ‘buffer’ role in facilitating communications between the physicians and the hospital. HVP has been extremely effective in helping to keep our physician-hospital partnership and our project moving forward.”
-Steve Luster, M.D.
Middlesex Center for Advanced Orthopedic Surgery