As more physicians rush to invest in ASCs, unscrupulous facility promoters/managers scheme to separate physician investors from their money.
Tag: invest
As what were hospital cases now flow out to independent ASCs, hospitals are begging to be aligned with physicians. But why allow a hospital to be a partner in your ASC deal?
It’s easy to be a backseat driver, but in the context of case flight from hospitals to outpatient facilities, buying large hospitals from national chains “because we can run them better” is a bit risky. Well, what the heck, it’s incredibly risky, so risky in fact, that one investor, Joel Freedman, and his company American […]
Despite our teacher’s inability to conceive that it ever could, in the domain of medical group mergers 1 plus 1 can equal 3.
What’s a relationship worth to your business, whether your business is a medical practice or a healthcare facility such as an ASC or an imaging center? Originally limited to marketing (where it remains a very powerful idea), the concept of lifetime value involves looking at the worth of a customer not as the one-off value […]
We kids joked that “new math” was going to make 1 plus 1 equal 3.
Ride along with Mark as he discusses a mindset tuneup to improve medical group performance.
The bottom line for you, as an ASC investor, is to carefully investigate the deal, and its promoters, on the way in, and on a periodic basis after the investment is made.
If your mindset is that spending money on your future is a cost, you don’t have a future.
Over the past decade or so, hospitals have spent countless hundreds of millions of dollars “aligning” physicians. This so-called alignment has included acquiring physician practices, employing physicians in states without corporate practice of medicine restrictions, and, in states where hospitals can’t directly employ, employment through captive medical groups or foundations. Hospitals claim that the idea […]