Becker's Healthcare October 22, 2024
As ASCs grow in popularity amid the shift toward outpatient procedures, being intentional about specialty focus and ownership models is critical to achieving success.”
Mitch Schwarzbach, a Denver-based healthcare consultant and former ASC administrator, joined Becker’s to discuss the operations and success drivers of single-specialty and multispecialty ASCs.
“Financial success involves understanding specialties, case types and physician group compensation,” he said.
Here are five key notes on the dynamics:
1. Single-specialty ASCs are typically owned by an affiliated clinic or physician group and often concentrate on areas like gastroenterology or ophthalmology. These centers measure their success by the volume of procedures performed, according to Mr. Schwarzbach.
“Single-specialty success is all about consistency: doing the same thing repeatedly, following...
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