Our Services

Our Focus On: Operations Management 

We focus on four ASC operations and management components proven to drive financial success:

· Experienced-Based Culture: Successful centers are 100% focused on the experience.  That would be the experience that the surgeons, the staff and the patients all have in their relationship and interaction with the Center.  Obviously, hospitals focus on the experience as well, but due to the size of an ASC, it is a must.

· Expense Management: The number one expense category in a surgery center is medical supplies followed by salaries.   Constant hands-on management is a never-ending process and includes intimate relationships with vendors and extreme efficiency in staffing management.  Successful ASC leaders are constantly tracking total manhours per surgery, salaries as a percent of net revenue and medical supplies and implantables as a percent of net revenue.

· Revenue Cycle Management: Revenue cycle and its management are the lifeblood of any facility. Successful outpatient centers are masterful in all aspects of the revenue cycle process including, but not limited to billing, coding and collections.

· Physician Satisfaction & Recruitment: Tied to the experience-based culture, ASCs are designed to and must operate as an efficient and convenient venue for surgeons to do their cases.  Like expense management, it is a never-ending process and the avenue for ongoing margin enhancement via recruitment.

Our Focus On: Clinical Quality

We insist that our partners pursue and receive accreditation from Accreditation Association for Ambulatory Health Care (“AAAHC”). This accreditation helps ensure the ASC performs to the highest standards regarding: 

· Safety & Outcomes: Infection control and adverse event (e.g., bad outcome, sentinel events, etc.) reporting and root cause analysis are key areas of focus. Physician, nurse, and other clinical staff capabilities and credentialling are a second area of focus.

· Procedure & Patient Selection: The number of procedures eligible for ASC reimbursement is increasing quickly. However, this does not mean that an organization and/or market is ready for this pace of adoption. In addition, pre-existing conditions, comorbidities and other factors limit what types of patients should be seen in an ASC and what types of prior medical clearances may be needed. We focus on these issues to help drive optimal quality.

Our Focus On: Stakeholder Alignment

We focus on tailoring the structure and details of the two key components that ensure the leadership and participants are all in alignment with the objectives and results.  It is our goal to assist our partners in achieving their vision for outpatient surgery.  

· Partnership Agreement: In addition to serving as the financial “clearinghouse”, an ASC partnership agreement typically includes authority over initial investor selection, subsequent participant approval and selection of third-party professional service providers. 

· Governing Board: The ASC governing Board is the main body responsible for clinical quality, and typically uses a Medical Advisory Committee to oversee professional staff competency through the credentialling process, establish policies and procedures and clinical standards and monitors compliance with these standards. The Board also reviews all relevant financial and operational results, and approves any corrective actions as needed. 

Our Spectrum of Services 

SurgNet Health Partners provides a spectrum of services from the evaluation of an existing, underperforming center to the development of new centers via analysis and design to the ongoing management of existing and/or new facilities:

· Existing ASC evaluation – We perform operational assessments on existing, underperforming centers including revenue cycle processes.

· Development of de novo centers – We perform feasibility studies and model and develop new ASCs health systems, physician groups or joint ventures.

· Syndication – We work closely with clients on the development of the Private Placement Memorandum (“PPM”) prior to syndication.  During the syndication, we distribute the PPM to prospective physician investors, set up individual meetings to discuss the investment opportunity, maintain investor subscriptions and handle all investment funds.  We also ensure the timely filing of all Federal and State regulatory filings associated with the investment offering. 

· Real estate – We provide assistance and consultation in identifying architects, construction and real estate development companies.  We also have relationships with and can provide access to real estate investments trusts as needed and desired. 

· Facility management – We have extensive experience in ASC facility management and via a management agreement provides: complete executive oversight with 24/7 accessibility and a regular on-site presence; monthly financial operations reviews with key Center leadership; guidance and access of resources for AAAHC accreditation; direct supervision of Center leadership; active participation in all governing board and medical executive committee meetings and processes and also the professional staff credentials process; active participation in the recruitment of any new physicians and Center staff; advising ownership on strategies related to culture, awareness and branding.

The depth of our knowledge in the ASC sector is based on relationships with existing partners as well as prior professional experience.  Our experience includes:

· Feasibility studies and modeling

· Start-up and build-out

· Operational guidance and advisement

· Syndication

· Operations and management