Becker's Healthcare February 10, 2023
Rising operating costs amid record-breaking inflation is making it difficult for ASCs to meet margins.
Fifty-five leaders joined Becker’s to share what they would add to their own “successful ASC management” cheat sheet. Here are five ways they’re keeping costs down:
1. Financial accountability plan
Shireen Ahmad. System Director of Finance for GPO and Affiliate Business at CommonSpirit Health (Chicago): I think instituting financial controls and stewardship are a crucial part of a successful ASC. Negotiating great prices and contracts with vendors helps keep costs down, but strong terms and conditions can also help reduce costs through delivery, maintenance, warranties and keeping high compliance. Often ASCs lose out significantly by paying higher prices or list price when they buy products...