Posts by RADSURG
Navigating the Shifting Landscape of Cardiovascular Care: Embracing Growth in Office-Based Labs and ASCs
Navigating the Shifting Landscape of Cardiovascular Care: Embracing Growth in Office-Based Labs and ASCs Market dynamics and evolving regulations in the cardiovascular healthcare sector are driving a significant shift towards cost-effective settings for medical procedures. Office-based labs (OBLs) and ambulatory surgery centers (ASCs) are witnessing a surge in demand, accelerated by the inclusion of diagnostic…
Read MorePioneering Vascular Surgery: The Rise of Office-Based Labs and ASCs
Vascular surgery, a field renowned for its precision and innovation, is on the cusp of a remarkable transformation. Recent shifts in market dynamics and regulatory policies are steering vascular procedures toward cost-effective settings, with office-based labs (OBLs) and ambulatory surgery centers (ASCs) emerging as the vanguard of this revolution. This transformation gained substantial momentum when…
Read MoreSteps to Building a Hybrid ASC/OBL in a Certificate of Need (CON) State
If you’re a physician or investor looking to develop a hybrid Ambulatory Surgery Center/Office-Based Lab (ASC/OBL) in a certificate of need (CON) state, you may be facing some additional regulatory hurdles. Building a hybrid facility in such a state requires careful planning and adherence to specific guidelines. In this article, we’ll outline the steps you…
Read MoreMaximizing Profit with Hybrid ASC / OBL Development for Interventional Radiologists
Keywords: hybrid ASC/OBL, irASC, interventional radiology, outpatient procedures, CPT codes, reimbursement, insurance industry, healthcare compliance, financial return The convergence of multiple trends has opened up a promising business opportunity for interventional radiologists – the ownership of interventional radiology ambulatory surgery centers (irASCs). In the past, ASC ownership and the associated revenue from Medicare and other…
Read MoreThe Advantages of a Hospital System Owning a Hybrid ASC/OBL Center
In the evolving landscape of healthcare, the concept of hybrid Ambulatory Surgery Centers (ASCs) combined with Office-Based Labs (OBLs) has gained significant traction. This innovative model offers a range of benefits to various stakeholders, and hospital systems, in particular, can reap numerous advantages by owning and operating a hybrid ASC/OBL center. Let’s explore some of…
Read MoreDeveloping a Hybrid ASC/OBL Center: Unique Operational Considerations
The Hybrid Model – a combination of Ambulatory Surgery Centers (ASCs) and Office-Based Labs (OBLs) – is gaining popularity as a flexible and efficient approach to outpatient care. However, before embarking on the development of a Hybrid ASC/OBL center, operators must be aware of certain unique operational considerations to ensure compliance with federal regulations and…
Read MoreASC or OBL: A Reimbursement Perspective
Ambulatory surgery centers (ASCs) and office-based labs (OBLs) are both playing increasingly significant roles in the modern healthcare landscape. As the trend toward outpatient care continues to grow, physicians and medical facilities are faced with a crucial decision: should they operate as an ASC or an OBL? This decision not only impacts the structure and…
Read MoreEnsuring Safety and Compliance: Understanding CMS Life Safety Requirements for ASC/OBL Centers
The safety and well-being of patients, staff, and visitors are paramount in any healthcare facility, including Ambulatory Surgery Centers (ASCs) and Office-Based Labs (OBLs). To uphold the highest standards of safety, these centers must adhere to specific life safety requirements set forth by the Centers for Medicare & Medicaid Services (CMS). In this article, we…
Read MoreUnderstanding Hospital Joint Ventures and Hybrid ASC/OBL Partnerships: Paving the Path to Advanced Healthcare Solutions
In the ever-evolving landscape of healthcare, hospital joint ventures and hybrid ASC/OBL partnerships have emerged as powerful models that foster innovation, efficiency, and improved patient care. As a leading healthcare development company specializing in hybrid ASC/OBL solutions, we explore the key concepts behind these collaborative ventures and their transformative potential. What are Hospital Joint Ventures?…
Read MoreNavigating Payer Negotiations for ASC/OBL Centers: Maximizing Reimbursement and Building Strong Partnerships
In the ever-evolving landscape of healthcare, Ambulatory Surgery Centers (ASCs) and Office-Based Labs (OBLs) play a vital role in providing efficient and cost-effective outpatient care. As these centers continue to grow in popularity, effective payer negotiations are crucial to ensure fair reimbursement rates and build strong, sustainable partnerships with insurance providers. In this article, we…
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