Healthcare Venture Professionals — Article Library

All entries filed under “ASC Management”

Adding Specialities to an Existing ASC

Overview

Deerpath Ambulatory Surgery Center (DASC) is a joint venture ASC between Morris Hospital and Rezin Orthopedic Group located in Morris, IL. The 7,100-square-foot ASC contains two state-of-the-art operating rooms. All surgeons with staff privileges have been carefully credentialed and have privileges at both DASC and Morris Hospital. The Center is state licensed, Medicare approved and AAAHC accredited.

DASC has an enthusiastic staff of highly qualified nurses, techs, and Board-Certified anesthesiologists with extensive background and expertise in outpatient surgery.

DASC was originally a 100% physician-owned specializing in Orthopedics and Podiatry. In 2012, Morris Hospital reached an agreement with the DASC to become a hospital joint venture partner in the ASC. Business remained steady and profitable over the next 5 years and in 2017 there became a need within the community for additional services such as ENT, Ophthalmology, and GI. A major hospital renovation to add these services would have been extremely costly so the decision was made by the DASC board to expand these services within the ASC.

 

HVP Effect

To address the need, DASC Board Executives searched for management professionals with a reputation for effective management and a proven track record for adding new specialties to an ASC. Our company, Healthcare Venture Professionals (HVP), was selected because of our established successes with many other clients and our ability to develop, manage, and grow ASCs efficiently.

 

HVP began managing DASC in April 2018 and immediately went to work on creating a strategy to grow DASC. “In order to add specialties to an ASC, we want the right team with the right attitude.” said Chuck Owen, managing partner of HVP. “We focused on streamlining internal processes and re-shaping the management team to become more efficient and effective.”

With a streamlined ASC in full operation, HVP quickly turned its focus towards attracting new physicians to DASC with the help of Morris Hospital and Rezin Orthopedics.

 Current State Results

In less than one year, DASC started offering Ophthalmology (July) and GI (August). ENT is slated to come on board before the end of 2018 with Urology and General Surgery following in early to mid-2019.

In addition to the new specialties, HVP played an integral part in a space redesign to help streamline the OR rooms to accommodate multiple specialties in a single day.

For more information about HVP’s physician-hospital joint-venture capabilities, call 615-400-4851.


ASC Management

Healthcare Venture Professionals is a great source for either long-term management or interim / turnaround management for your Ambulatory Surgery Center (ASC). Our ability to provide you strong and stable on-site leadership can be of tremendous value if your existing ASC is going through a leadership transition or if you’re planning a new Surgery Center.

HVP attracts experienced ASC Executives for you to consider. We then provide your choice of Executives with ongoing direct guidance and support using the full gamut of HVP consultative resources for Surgery Centers.

HVP routinely provides all types of professional services to Surgery Centers ranging from month-end financials to payer negotiations. If it’s ongoing management your need, HVP has the time and talent necessary to assist you in optimizing the performance of your ASC. We specialize in joint ventured ASC and HVP knows how to prevent or deal with problems your ASC may be facing. Of greater importance, as your manager we can use the expertise and experience of HVP to identify opportunities for your ASC to further grow and prosper.

There’s another important consideration when you look at professional ASC management. Unlike most other Companies, we don’t require an equity stake in your ASC unless you decide that you’d like HVP to participate in such ownership. This important choice is yours. In either case, a relationship with HVP will result in the finest professional leadership for your ASC.

Take a look at the “Client Testimonials” on our website at www.hvpros.com. You’ll see our Clients attest to the quality of ongoing management and support services we’ve provided to them. Or, give us a call at 615-400-4851. We’d enjoy an opportunity to talk with you directly about the numerous ways that HVP can be of assistance to you and your ASC.


Ambulatory Surgery Center Management

Long-term ASC management (together with the ASC Development process) is HVP’s primary business.  We are uniquely qualified and prepared to meet all of your ongoing management needs.

The day-to-day operations of your ASC need to be in the hands of experienced and competent professionals.  ASC owners (whether Hospital or Physician or both) have other priorities and issues to deal with in their own “core” businesses.  Managing your ASC is HVP’s core business and becomes our primary responsibility under a formal Development and Management Services Agreement.  As ASC owner, you can be free to concentrate on your own professional endeavors while having the “peace of mind” in knowing that your ASC investment is in good hands.

HVP can provide you with an experienced ASC Executive who you are involved in selecting.  We’ll then provide a wide range of corporate and consulting support to that Executive and the ASC itself.  For ASC owners, it’s the classic “one stop shopping” approach.  Through HVP, you’ll receive competent day-to-day management coupled with a direct and ongoing source for the vast majority of ongoing consultative and support needs for your ASC.

HVP may also be able to help you during any period of transition in on-site leadership. Or, you may feel that your current ASC Executive could benefit from a single and reliable source of ongoing support and guidance.  In either case, HVP stands ready to provide you and your ASC with the right blend of support resources that will help your facility prosper in the months and years ahead.  To learn more about HVP’s ASC management approach and capabilities, call us at 615-457-1848 or visit our website at www.hvpros.com.


ASC

An Ambulatory Surgery Center or ASC has the potential to result in many benefits for the Owners and Physician users as well as for the Patients who undergo outpatient surgery at the facility. An ASC will... More »


ASC Management Companies

Healthcare Venture Professionals (HVP) is not your typical ASC Management Company. While other Companies may say this, HVP can “walk the talk” when it comes to backing up this claim. While... More »


ASC Management

HVP specializes in a wide range of ASC-related services. If we had to pick one of these services as our “core business”, however, it would certainly be long-term ASC management. If you are... More »


ASC Companies

At Healthcare Venture Professionals, we’re specialists in dealing with Ambulatory Surgery Centers. We’ve worked with dozens of ASC’s and dealt with all aspects of their planning, development... More »


Ambulatory Surgery Centers

The number of Ambulatory Surgery Centers (ASC’s) has continued to grow (as have the number of outpatient procedures) over the past few years.  In fact, the number of ASC’s is fast approaching... More »


Categories

Archives

Tags

healthcare-leadership-logo