In this episode we are joined by Aric Burke, Founder & CEO of Atlas Healthcare Partners, to discuss how ASC management companies should support health system growth strategies, what common concerns healthcare leaders have about working with an ASC management partner and why finding the right partner is critical to a health system’s long term success. This episode is sponsored by Atlas Healthcare Partners.
Summary
How ASC Management Companies Can Support Health System Growth Strategies
Sponsored by Atlas Healthcare Partners
Health systems are seeking to partner with ambulatory surgery centers (ASCs) to improve outcomes, quality, cost of care, patient experience, and physician experience. ASC management companies can help health systems form partnerships by offering expertise and bandwidth. It is important for health systems to choose a reliable partner who can work with employed and independent physicians. Atlas Healthcare Partners is a privately-owned, fully integrated partner with health system partners that has successfully partnered with Banner Health since 2018. This partnership expanded from 8 to 27 ASCs, adding $150 million in new ASC revenue and increasing EBITDA by $25 million.
Choosing the Right ASC Management Partner is Critical for Long-Term Success
Aric Burke, the Founder & CEO of Atlas Healthcare Partners, offered his thoughts during a recent podcast episode. Burke explained that Atlas helps health systems develop an ASC strategy by considering each individual market and working with health systems to identify optimal surgery center opportunities. This includes the type of surgery center and the best timeline for implementation to ensure success. For instance, he suggests conducting joint ventures, developing a strategy, and obtaining board approval to eventually partner with an ASC management company.
Working with a Trusted Partner is Essential
When seeking an ASC management partner, health systems should look for a trustworthy partner with experience in the relevant market. Atlas Healthcare Partners is a great option because it is fully integrated and prioritizes the health system's concerns. Health system partnerships should take multiple factors into consideration, including population demographics, the presence of competing facilities, and the number of physicians to be involved.
Understanding Common Healthcare Leader Concerns
Healthcare leaders may have concerns when considering ASC management partnerships. They may be worried about losing control or consensus in their business, as well as maintaining quality patient care. Atlas Healthcare Partners can help alleviate these concerns by ensuring both parties achieve their goals and working closely with health systems to develop an ASC strategy. By working with the right partner, healthcare leaders can grow their health systems and improve patient outcomes.
Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to podcasts@beckershealthcare.com
This episode aired on 03/07/2023 and can be listened here.
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