Becker's Healthcare February 2, 2024
Seemingly endless supply disruptions, rising costs of supplies and labor and decreasing reimbursements are just some of the challenges ASCs have to contend with in 2024.
Steven Winkler, executive director of Orthopedic Surgery Center in Baton Rouge, La., recently joined Becker’s to share his practice’s strategy to alleviate the financial burden of rising supply costs.
Editor’s note: This response has been lightly edited for length and clarity.
Question: What is your strategy for dealing with rising practice costs?
Steven Winkler: You can only cut so much from the expense side of the profit and loss spreadsheet, so we have taken the following steps to either cut costs or increase revenue:
1. Carefully review each and every expense item.
2. Asked...
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