Becker's Healthcare April 26, 2024
Grappling with the financial aspects of ASC management is not to be taken lightly — however, there are a few essential approaches that should be part of any financial management strategy.
It’s the goal of all businesses to be sustainably profitable regardless of market conditions, and there are a number of tactics that are key to consider, according to two physician leaders in the ASC sector.
Manage operational costs
“One effective strategy is to focus on specialties that are associated with lower surgical expenses, allowing for a more efficient allocation of resources,” Shakeel Ahmed, MD, CEO of St. Louis-based Atlas Surgical Group, recently told Becker’s. “This approach not only enhances financial efficiency but also positions your business competitively within the...
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