Becker's Healthcare July 17, 2024
Patsy Newitt

Operating independently is becoming increasingly difficult, and many leaders feel that having strong leadership and management is the key to maintaining viability.

Jim Freund, managing partner for Physician Transaction Advisors, joined Becker’s to discuss the secret to long-term success for ASCs.

Editor’s note: Responses were edited lightly for clarity and length.

Question: What is the key to success for ASCs?

Jim Freund: Number one is strong leadership from the physicians. We’ve completed about 300 transactions, but we’ve probably worked with three times that many groups over the years. I’ve learned that strong leadership is at the top of the list. When you’re putting together a great team, and that includes physician partners, physicians who may practice there,...

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