Editor's Note In a move that could hinder provider-led joint ventures and increase regulatory uncertainty, the Federal Trade Commission (FTC) and the Justice Department have withdrawn antitrust guidance issued in 2000. Modern Healthcare reported the news on December 16. Passed in a 3-2 vote, the decision eliminates previously relied-upon safe…
Editor's Note Private equity investment in hospital-owned ambulatory surgery centers (ASCs) is rising as hospitals seek expansion capital and private equity firms look for profitable partnerships in a growing sector, Modern Healthcare November 4 reports. ASCs have become popular due to their lower costs compared to hospitals, which makes them…
Editor's Note ChristianaCare, a health system in Delaware, is partnering with Atlas Healthcare Partners to develop a new network of ambulatory surgery centers (ASCs) in Delaware and the mid-Atlantic region, Hospital Management August 14 reports. The partnership will be overseen by a joint board with representatives from both ChristianaCare and…
Editor's Note UnitedHealth Group (UHG) is in early talks to potentially acquire Surgery Partners, the third-largest operator of ambulatory surgical centers (ASCs) in the US, according to Bloomberg, Healthcare Finance August 26 reports. Surgery Partners has also attracted interest from private equity firms, including TPG Inc. While no deal is…
Editor's Note As healthcare continues to transition from inpatient to outpatient settings, large health systems are increasingly forming partnerships and joint ventures to develop and manage ambulatory surgery centers (ASCs), Becker’s ASC Review August 16 reports. Per the outlet, health systems have historically been hesitant to embrace ASCs due to…
Takeaways Successful collaboration requires prioritizing teamwork and aligning new projects and ideas with the overarching goals of the organization. Strategies for making the case for a new project or initiative include establishing subject matter expertise, tailoring the message, and having a win-win mindset. The most influential leaders understand others’ perspectives…
Editor's Note As outpatient surgery continues to gain popularity and the need to cut costs persists, Becker’s ASC Review sat down with Jim Freund, managing partner for Physician Transaction Advisors, to discuss the below three key trends in the ambulatory surgery center (ASC) industry, per Becker’s July 18 article. Number…
Editor's Note Inspired by a leader in the postanesthesia care department (PACU)? Here’s a chance to provide well-deserved recognition from the entire perioperative community. If you’re a member of the American Board of Perianesthesia Nursing Certification, Inc. (ABPANC), we have something for you as well: exclusive discounts to attend OR…
Editor's Note As aging ambulatory surgery center (ASC) physician-owners retire, many ASCs are struggling with succession plans, Outpatient Surgery Magazine May 1 reports. Per the article, younger surgeons often lack the capital to establish freestanding ASCs, and with tight margins in the ASC market, a capital infusion is often needed.…
Is working with a healthcare vendor a necessary evil? For leaders in the perioperative space, where vendors abound, it may be tempting to answer “yes.” The relationship between vendors and nurse leaders is a delicate balance between give and take, but sometimes the take seems to outweigh the give. Nonetheless,…