Becker's Healthcare April 13, 2023
For the majority of health organizations, including ASCs, increasing revenues and turning a profit are major goals every year.
While organizations are laser-focused on patient care, ASC administrators and business leaders must also be aware of increasing revenues year over year to keep up with the rising costs of supplies, property and staffing.
Jeremy Riley, CEO of GML Healthcare Consulting, a company that provides consultative services to ASCs for build-outs, accreditations, operations and revenue increases, shared with Becker’s the top five factors that he believes will impact an ASC’s ability to increase revenue in 2023:
Editor’s note: Response has been lightly edited for length and clarity.
1. The ability to tightly manage contractual agreements with payers and...