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Key Drivers for ASC Performance

Key Drivers for ASC Performance Identifying Key Indicators, Important Metrics, and Total Joint Impact Watch our webinar “Key Drivers for ASC Performance,” featuring insights from industry experts Dave Becker, CPA and Dhara Raval, CPA. Topics covered include: Defining key drivers/key performance indicators (KPIs) Identifying/understanding/working on the right drivers for your center Important drivers used in MedHQ reporting Total joint replacement

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October 16, 2024

Preparing for and Managing Through a Financial Crisis

The Change Healthcare cyber hack is disrupting cash flow across the spectrum of healthcare including hospitals, outpatient facilities, physician practices, pharmacies, medical equipment providers, and more. Assuming most providers take 30-45 days to process a claim and receive payment – many organizations have yet to feel the pain, and won’t for a few more weeks.  With any time you have available, we recommend the following preparation:  Assess Your

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March 28, 2024

How Does Strategic Planning Fit into Your ASC Budget in 2024?

Declining reimbursements coupled with a labor shortage made anesthesia one of the biggest challenges for surgery centers in 2023. Centers are increasingly negotiating a budget line item that, until recently, existed primarily at hospitals—an anesthesia stipend. Over the past five years, MedHQ has seen a 65% increase in the number of centers that are incurring anesthesia costs. Since 2018, the

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December 20, 2023

The Essential Year-End Accounting Checklist for ASCs

Declining reimbursements coupled with a labor shortage made anesthesia one of the biggest challenges for surgery centers in 2023. Centers are increasingly negotiating a budget line item that, until recently, existed primarily at hospitals—an anesthesia stipend. Over the past five years, MedHQ has seen a 65% increase in the number of centers that are incurring anesthesia costs. Since 2018, the

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December 14, 2023

Escalating Anesthesia Costs at ASCs: How to Control Costs and Maximize Profitability at Your Surgery Center

Declining reimbursements coupled with a labor shortage made anesthesia one of the biggest challenges for surgery centers in 2023. Centers are increasingly negotiating a budget line item that, until recently, existed primarily at hospitals—an anesthesia stipend. Over the past five years, MedHQ has seen a 65% increase in the number of centers that are incurring anesthesia costs. Since 2018, the

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December 6, 2023

Three Accounting Mistakes ASCs Can Easily Avoid

For most physician-leaders of ambulatory surgery centers, accounting is neither their first love nor their best strength. But in the early days of establishing a successful center, physician partners find themselves in many roles. The buck stops with them for everything from accounting to waste removal and lots of other functions in between, including their primary craft of providing quality

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July 2, 2019
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