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Q. Does SurgCenter
Development charge for their planning and development services?
A.
No, SurgCenter facilitates the development process of the
surgical center in coordination with the nurse manager to develop
an efficient and surgeon-friendly center. No development fees are
paid to any corporations or individuals. Return to
Top
Q.
Does SurgCenter Development address not-for-profit
and religious hospital issues such as community benefit and charity
guidelines, religious directives consistent with the mission of
the hospital?
A.
Yes, SurgCenter Development will make every effort to reflect
the mission and vision of the hospital and surgeon owners in all
of its practices and procedures. SurgCenter development legal counsel
will work collaboratively with hospital legal counsel to address
any of these or other related issues in the Operating Agreement.
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Q.
Does SurgCenter Development recognize the
importance of compliance with state and federal laws related to
hospital- surgeon joint ventures?
A.
Yes, SurgCenter Development legal counsel will work with
the hospital legal counsel to insure compliance with all current
state and federal laws regarding the hospital-surgeon relationships.
where appropriate, conditions, responsibilities and authorities
will be clearly designated in the reserved powers of the Operating
Agreement.
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Q. Does SurgCenter
Development recruit non-owners as users for the center?
A.
SurgCenter ASC's are usually constructed for owner users
convenience. Although adding non-owner users will typically increase
the profitability of a center, there tends to be a trade off with
a decrease in the available block time for owner users. This decision
is typically left to the local owner surgeons to decide. We suggest
not adding non-owner users until after at least one full year of
operation. Return
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Q. What is the average length of time from
project initiation to project completion?
A.
On average, it takes approximately one year from our initial
meeting with you until you can commence performing surgery at your
center. Return to Top
Q. What is the
price per unit/share ownership?
A.
Typically the range is $5,000-7,000 per one percent. This
applies to all parties including SurgCenter Development. The range
of $5,000-7,000 per one percent ownership is usually divided into
3 installments over a 6 to 8 month period. Return
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Q. What is the
typical size of your surgery centers?
A.
Our centers average about 5,000 square feet, which would
include 2 operating rooms and 1 treatment room. Return
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Q. Do you have
single-specialty centers?
A.
Yes. However, most of our centers are multi-specialty. Multi-specialty
centers are more buffered against changes in health care. In addition,
multi-specialty centers are generally considered more valuable.
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Q. What are the
advantages of single vs. multiple specialty centers?
A.
Multi-specialty centers generally have higher start up costs
due to the varied amount of equipment required. Multi-specialty
centers also require larger amounts of storage for supplies and
equipment. Return to Top
Q. How does SurgCenter
Development differ from other development companies?
A.
The roots of our company are surgeon based. Therefore, most
of our corporate philosophy and actions are geared to surgeon convenience
and not just profit. Return to Top
Q. How successful
are you with obtaining managed care contracts?
A.
Nationally, our results are approximately 80 to 90% of the
contracts we wish to obtain. Return to Top
Q. How do I find
out if my state has a Certificate of Need requirement?
A.
Contact us and we will be happy to assist you with this requirement.
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Q. How many cases
does it take to make an ASC successful?
A.
This is a frequently asked question. However, the answer
is based on the type of procedures, the insurance mix, the size
of the proposed facility and the number of specialties. Generally,
100 cases per month will lead to a profitable center. Return
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SurgCenter
Development: Empowering Hospital-Surgeon Partnerships
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