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F.I.T. ... Much More Than a Three-Letter Word
Purchasing construction services can seem a little like draft day for pro athletes, selecting the right medical school, or purchasing your first home. All these have the same sense of excitement, confusion, accomplishment and even anxiety for some. This article will provide information that can both inform and guide you through what can seem like a daunting task. While navigating ...(More)
7/22/2008
A Smooth-Flowing Supply Chain
today's surgicenter magazine sat down with Judson Boothe, marketing director of medical supplies with Roswell, Ga.-based Kimberly-Clark Health Care; and Scott Jackson, vice president of the surgery center division of San Francisco-based McKesson Corp., to discuss best practices concerning materials management. Here is what they had to say: How can a center best ensure that they have an ample supply ...(More)
6/25/2008
An All-Encircling Design is Everything
It is often said that every design solution is a set of compromises between aesthetics, budget, client demands and outside influences. However, ambulatory surgery center (ASC) design shouldn’t be a compromise or a mystery. Approaching such a massive undertaking is daunting, but becomes less intimidating when distilled to essential elements. An ASC can be successfully designed and completed if the ...(More)
6/25/2008
Real Estate in the Downturn
Ambulatory surgery centers (ASCs) are comprised of two distinct parts that are forever connected. The first is the business that operates the ASC, and the second is the facility that the surgery center occupies. The real estate project, whether it is ground-up construction or a renovation of an existing building, will need to follow a clear path in order to ...(More)
6/25/2008
Focusing on Infrastructure
The focus of planning for a new ambulatory surgery center’s (ASC) core information technology (IT) infrastructure is understandably the PCs, servers, telecommunications and related components that form the backbone for business operations and today’s sophisticated array of medical devices. Another element is frequently overlooked or given incomplete consideration until near facility opening, although it is every bit as crucial to ...(More)
6/25/2008
Accreditation Is More Than Credibility
We all agree that regardless of your specialty or type of facility, providing quality care for your patients should be your number one priority. It’s not always easy to determine the level of quality that you are achieving, especially in comparison to others in your field. The need for this type of assessment was a major reason why the concept ...(More)
6/25/2008
Making a Difference: Patient Warming Playing a Significant Role in U.S. Healthcare
The old adage “The customer is always right,” has long been the mantra for those providing consumer goods and services. Whether purchasing the latest technology or dining at the newest restaurant, it has become generally accepted that customers will show their satisfaction through return visits, future purchases or referrals. Healthcare, however, has traditionally followed a different path. Patients became accustomed ...(More)
6/25/2008
Your ASC's Life Cycle: Part 1
In many ways, ambulatory surgery centers (ASCs) are like living organisms in that centers inevitably pass through “life cycles” as their investor bases age, relocate and otherwise change. Consequently, it is essential that centers constantly be on the alert for ways to add new and productive investors. It has been our experience, however, that many centers get ahead of themselves ...(More)
6/25/2008
Companies Offer New Surgical Technologies
Some technology releases are improvements, some are duds and others are the same old products with tiny tweaks and a new package. To find the right technology, the first step is to sift through product literature and ask peers about their product preferences. Novation, a healthcare contracting services company, defines new medical technology as a device or product that offers ...(More)
6/25/2008
Acquisition 101
We all hear stories of doctors selling their surgery centers or hospitals for millions of dollars. It seems like there is someone getting outrageous multiples and getting rich quick. While from time to time facilities strike the gold mine, more often facilities fall into a standard multiple of EBITDA (earnings before interest, taxes, depreciation and amortization) purchase arrangement. To better ...(More)
6/25/2008
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