As the ambulatory surgery market continues to grow, medical groups seek opportunities to expand service with robust ambulatory surgical facilities that maximize their value while meeting the demands of higher acuity patients. However, given the high cost of capital and the technical and regulatory hurdles involved in developing new ambulatory surgical facilities, many groups are considering the addition of a hospital partner and/or a third-party manager to facilitate and execute their strategies. Developing lasting ambulatory surgery partnerships requires a high level of physician engagement and alignment, and the selection of a third-party manager is a complex and nuanced process made more challenging by diversity in physician practice and management organizations. In this session, participants will learn the key elements to consider upon entering a strategic ambulatory partnership. The session will explore: What makes a great ambulatory surgery management partner? What are the key elements that organizations need to be aligned on? What role does organizational reimbursement strategy play? What are the levers of success and how do you compare the value proposition a partner brings? How do organizations measure and preserve the value of their equity? How should the partnership balance control over operational compliance and clinical decision making through management and governance?
Learning Objectives:
Establish the key elements to consider before entering into a strategic operations partnership for your ASC
Determine the key value propositions to consider in a partner and those most valuable to your practice
Assess how to get the most from your ambulatory surgical partner and the levers of success to measure