Becker's Healthcare September 14, 2020
In mid-March, hospitals across the country halted elective surgeries due to the SARS-CoV-2 pandemic. While many ASCs did experience initial shock—volume across the nation dropped 80% between February and April—most ASCs have now rebounded to pre-pandemic activity.
Although the dramatic drop in business created several financial challenges, it also gave ASC administrators time to pause and evaluate their business strategies. Now that many ASCs are operating at or near their historical volumes, it’s time to prepare for future growth.
Before you recruit additional surgeons and/or add specialties and services, make sure to have these financial management strategies in place.
1. Develop clinical protocol best practices. Document all processes tied to operating your ASC efficiently. Clinical protocol best practices may include...
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