Healthcare Venture Professionals — Article Library

All entries for July 2010

Surgery Center Development

Once you make the decision (after a thorough Feasibility Analysis) to move ahead with your ASC, the next critical phase of the Project (which will take you right up to the opening of the ASC) is the Development process. There are literally hundreds of important decisions and required steps in ASC Development. To put it simply: successful Development “sets the stage” for successful ongoing ASC operations.

On the other hand, mistakes or oversights which occur during Development are often difficult to correct after your ASC is up and running. Such “mid-course corrections” can be costly and disruptive to implement. For example, poor facility design contributes to excessive overhead costs, wasted space, staffing/productivity inefficiencies and less than optimal use of the Surgeon’s valuable time. It also can lead to poor Patient and Family “flow” and ultimate dissatisfaction with the outpatient surgery experience. Timely decisions and prudent acquisition of Capital Equipment (both clinical and administrative), one of the most expensive components of the Development process, must take place. Effective Policies and Procedures must be ready to go on Day 1. Beneficial third party payer contracts and cost-effective supply acquisition and inventory control approaches must be in place. Medical Staff-related processes dealing with Credentialing, Quality Assurance and peer review must be established together with all other systems and procedures necessary to obtain required Licensure and/or Accreditation for the ASC. Numerous other actions must be taken and decisions made to achieve the goal of creating a successful ongoing ASC venture.

This complexity involved in the ASC Development phase is reflected in HVP’s “ASC Development Checklist.” You can request a free copy of this Checklist on the HVP website at www.hvpros.com. Take a look at it, and then give HVP a call at 615-457-1848. HVP’s goal is always to work with you to “do it right the first time”! Let’s talk about how HVP can provide you with the experience, expertise and resources necessary to ensure that your ASC is a successful from the very first day of operations.


Categories

Archives

healthcare-leadership-logo