Key Considerations When Embarking on ASC Development and How Velocity Outpatient Services Can Drive Success

Scott Nation

President, Velocity Outpatient Services

In the ever-evolving landscape of healthcare, the establishment of ambulatory surgery centers (ASCs) has emerged as a solution for independent physician groups and community hospitals looking to provide accessible, high-quality care to their local communities. Developing an ASC is a significant undertaking that requires meticulous planning and thoughtful consideration. We’ll unveil the fundamental questions that should be considered when embarking on ASC development and how Velocity Outpatient Services can put you on the path to success.

Essential Questions to Shape Your ASC Development:

  • Defining the ASC’s purpose: Clearly articulate the mission and scope of your ASC. What specialties and procedures will your ASC focus on? Will it uniquely contribute to the well-being of the community and patients?
  • Selecting collaborative partners: The right partnerships are crucial. Have you identified partners who share your vision and can contribute expertise? Collaborating with experienced professionals can significantly influence the success of your ASC.
  • Strategizing real estate: Location is paramount. Have you secured a suitable site for your ASC? Consider accessibility, proximity to patients, and adherence to local regulations.
  • Estimating case volume and patient load: Evaluate the projected case volume for your ASC. Is there sufficient patient demand to sustain operations and facilitate growth?
  • Ensuring financial feasibility: Perform a comprehensive financial analysis. What are the anticipated costs for development, staffing, equipment, and ongoing operations? Is the financial model sustainable in terms of revenue expectations?
  • Meeting regulatory standards: ASCs must meet stringent regulatory and accreditation requirements. Are you prepared to navigate the licensing and accreditation process?

Velocity Outpatient Services: Guiding Your ASC Development

We offer an extensive suite of specialized services tailored to support independent physician groups and community hospitals through every phase of ASC development. Our comprehensive services include:

  • Feasibility studies: Through meticulous data analysis, we assess the viability of your ASC project, empowering you with well-informed decisions.
  • Strategic planning: We collaborate on creating a robust operational plan, budget, and timeline that resonate with your strategic objectives.
  • Physician recruitment: Leveraging our vast network and experience, we assist in recruiting skilled physicians who align seamlessly with your ASC’s mission.
  • Financial management: Velocity provides comprehensive financial modeling, budgeting, and reporting services, ensuring the fiscal health of your ASC.

Beyond Development: Additional Velocity Services

While ASC development is a pivotal phase, Velocity Outpatient Services extends its support to established ASCs as well. We offer:

  • ASC Management: Specialized support to ensure the seamless and effective operation of ASCs.
  • Turnaround Services: For ASCs looking to improve operations, our expertise revitalizes operations, reduces costs, and enhances profitability.

Embarking on ASC development demands thorough planning and a profound understanding of these key considerations. Independent physician groups and community hospitals should evaluate their readiness, partners, resources, and objectives to ensure a successful venture. Velocity Outpatient Services stands as your dedicated partner through this transformative journey, offering proven expertise to help you establish and manage a thriving ambulatory surgery center.