Becker's Healthcare June 30, 2023
Four ASC leaders joined Beckers to discuss the importance of ASC ownership stake amid an increasingly consolidating healthcare industry.
These responses were edited lightly for brevity and clarity.
Jeff Baird. Former Administrator of Willamette Ear, Nose, Throat & Facial Plastic Surgery (Salem, Ore.):
- Ownership in an ASC (or clinic) is important because the physician owners become more cost conscious while focusing on quality care as they have more at stake in the organization.
- Direct physician involvement can have a downside as too much direct involvement can fractionate leadership and hinder operation. A sound governance structure with well-defined areas of responsibility and accountability is essential to make sure the organization runs efficiently and effectively.
Susheela Bala,...
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