ASCA News Digest (December 17, 2019)

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December 17, 2019

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ASCA Highlights



ASCA members: You have just two weeks left to renew your membership for the new year before your benefits expire. These benefits help ASCs run their facilities efficiently, provide quality patient care and stay up on industry trends and regulations. See all the ways in which this member puts her ASCA benefits to good use, then renew your membership via the online portal or return the renewal form you received from ASCA in the mail.

Not yet an ASCA member? Join today!
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Echelon Medical Capital   Echelon Medical Capital offers innovative accounts receivable liquidity solutions for healthcare providers that take insurance or medical liens against pending personal injury cases. Echelon Medical Capital has quickly become one of the largest dedicated medical receivables funding companies in the country. With unrivaled levels of committed capital, Echelon can support medical practices of any size, including doctors, hospitals and surgery centers.

Register for the ASCA 2020 Conference & Expo by December 31 to receive the lowest registration rates.

ASCA’s annual conference—May 13–16 in Orlando—is the can’t-miss event of the year for the ASC community. ASCA 2020 will feature more than 50 educational sessions designed specifically for ASC professionals, access to hundreds of ASC-industry vendors who can help you find the solutions you’re looking for, unparalleled networking opportunities with more than a thousand of your colleagues and more. Register today to save!
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A new course, Malignant Hyperthermia, is now available in the ASCA Online Training Series. This series, offered through ASCA's affinity partnership with HealthStream, is a collection of 25 interactive, on-demand courses that apply specifically to ASCs. Significant discounts are available for ASCs that sign up multiple users and purchase multi-year subscriptions. View the courses and sign up today!
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Regent RCM   A partner center utilized our upfront financial counseling program and Regent benchmarks. As a result, the center exceeded all ASC-specific benchmarks. Click here to find out how your center can increase revenue!

Get the new year off to a great start with the ASCA 2020 Winter Seminar. The Winter Seminar—January 16–18 in New Orleans—features three ASC-specific tracks:
  • Finance & Accounting
  • Coding & Reimbursement
  • ASC Management
Attendees can move freely between the tracks and join any of the sessions offered throughout the seminar. Check out the schedule and register today!
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The ASC industry is a hotbed of transaction activity. That activity is helping to drive up the value of facilities and likely spurring the development of new centers.

Those are some of the conclusions drawn from HealthCare Appraisers’ 2019 ASC Valuation Survey, which was conducted in collaboration with ASCA. Read this ASC Focus article for more information on this survey.
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AdvantageTrust

On December 5, the Medicare Payment Advisory Commission (MedPAC) approved moving forward with two draft recommendations regarding Medicare payments to ASCs. Read on to learn more.
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Due to the holidays, the News Digest will not be released on December 24 or 31. The next edition will be published on Tuesday, January 7. ASCA wishes you a safe and happy holiday season.
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Surgical Notes   New Revenue Cycle KPI E-book Available From Surgical Notes
Surgical Notes
, a leading nationwide provider of ASC revenue cycle solutions has developed a new e-book, “ASC Revenue Cycle Key Performance Indicators to Monitor” for the ASC community. The complimentary guide was developed by Surgical Notes’ RCM experts to help ASCs gain better control over their revenue cycle performance, spot problems hurting the bottom line, and identify opportunities for improvement that can enhance profitability. Click Here to request the e-book today!

Industry News


FDA Clears First Fully Disposable Duodenoscope, Eliminating the Potential for Infections Caused by Ineffective Reprocessing
FDA News Release (12/13/19)

The U.S. Food and Drug Administration today cleared for marketing in the U.S. the first fully disposable duodenoscope. The EXALT Model D Single-Use Duodenoscope is intended to provide visualization and access to the upper gastrointestinal (GI) tract to treat bile duct disorders and other upper GI problems.
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New Medical Co-op Aimed at Saving Health Care Costs
New Hampshire Union Leader (12/15/19) Phelps, Jonathan

A former state health commissioner and owner of a surgery center has launched a cooperative aimed at reducing costs for independent physicians and health care providers. Independent physicians and health care providers are struggling to stay afloat with rising costs and more competition from hospital-based networks, said Nick Vailas, cofounder of Bedford Ambulatory Surgical Center.
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Tracking the Movements, Minds of Surgeons to Improve Performance
Stanford Medicine News Center (12/11/19)

Deep in the halls of San Francisco’s Moscone Convention Center, surgeons gathered near the far corner of a conference’s exhibition space, attracted by a somewhat unusual scene: 10 identical tables, each topped by a tray of surgical tools, several bundles of sutures, a stopwatch and a section of pig intestine. An ice chest sat on the floor, its contents labeled in large lettering: OLD BOWEL.
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Southern Surgical Opens in Greenville With Flexible Pricing Options
WITN TV (12/12/19)

A new surgery center is open in Greenville and offering flexible pricing and payment options. Surgery can be expensive, with even something as simple as a hernia repair costing a few thousand dollars and those costs can be challenging for people without insurance or if insurance doesn't pay for the procedure.
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Surgery Center Cries Foul on Care Board Decision to Limit Practice; Files Appeal With VT Supreme Court
Burlington Free Press (12/11/19) D'Ambrosio, Dan

Four months after opening its doors, Vermont's only multi-specialty surgery center continues to battle state regulators, appealing to the state's Supreme Court to reverse a decision by the Green Mountain Care Board that limits the services the center can offer. Amy Cooper, CEO and co-owner of Green Mountain Surgery Center, said a June 4 decision this year by the board to restrict the surgery center to the five areas of practice listed in its initial application in 2015 — unless the board specifically approves a new offering — is "untenable" for her business.
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Winter Seminar
 

National Medical Billing Services