Mika Health

Understanding the average case cost per specialty is crucial for maintaining efficiency and profitability. But how often should this be reviewed to stay on top of financial performance? We’d love to hear your thoughts! Take a moment to vote in the poll below and join the conversation in the comments. ?? #ASC #ASCCaseCosting #ASCRevenue #AmbulatorySurgeryCenters #SurgeryCenters

Our Customer Advisory Council is taking shape — join now! ?? We’ve received incredible applications from leaders in the Ambulatory Surgery Center?space, but we’re still looking for more passionate professionals to join us! If you want to have a direct impact on?ASC product innovation?and collaborate with key decision-makers in the industry, this is your chance to make your voice heard. Haven't applied yet? There's still time! Fill out the form and help us shape the future of healthcare. ?? https://lnkd.in/gESi2rGW #ASCs #SurgeryCenter #Healthcare #Innovation #Leaders #Opportunity

Our Customer Advisory Council is taking shape — join now! ?? We’ve received incredible applications from leaders in the Ambulatory Surgery Center?space, but we’re still looking for more passionate professionals to join us! If you want to have a direct impact on?ASC product innovation?and collaborate with key decision-makers in the industry, this is your chance to make your voice heard. Haven't applied yet? There's still time! Fill out the form and help us shape the future of healthcare. ?? https://lnkd.in/gESi2rGW #ASCs #SurgeryCenter #Healthcare #Innovation #Leaders #Opportunity

?? Attention Ambulatory Surgery Center Leaders! We’re conducting an important research study to identify cost-saving opportunities within Ambulatory Surgery Centers (ASCs), and we would appreciate your collaboration. ?? The survey takes less than 2 minutes to complete and is entirely anonymous. Your participation will directly contribute to uncovering effective strategies for enhancing efficiency in the ASC industry. Click the link below to participate and help shape the future of the ASC industry. ?? https://lnkd.in/dYrN5djC Thank you for your time and contribution! #Healthcare #AmbulatorySurgeryCenters #ASCLeaders #ASC #SurgeryCenters #HealthcareInnovation #Surgeon

Join Our Customer Advisory Council! Are you a leader in the Ambulatory Surgery Center (ASC) space? We're forming a Customer Advisory Council and are looking for passionate professionals like you to join us! Why Join? ? Influence: Share your expertise and insights to directly impact the development of new products in the space. ? Collaborate: Work alongside other leaders in the field to tackle key challenges and improve the industry. ? Network: Connect with peers with a strong interest in tech and innovation within healthcare. How to Apply: If you're interested in joining our Advisory Council, please fill the form. https://lnkd.in/gESi2rGW We look forward to hearing from you! Help us shape the future of healthcare together! #ASCs #Advisory #Opportunity #Healthcare #SurgeryCenters

? Top ASC Leaders Shaping the Market in 2024? Ambulatory Surgical Centers (ASCs) are at the forefront of delivering high-quality, cost-effective care. We’ve curated a list of top ASC organizations that are not only leading the industry but also setting new trends through their extensive partnerships with health systems and physicians across the nation. They collectively operate approximately 19.4% of all ASCs in the U.S., underscoring their significant influence in transforming outpatient care. The organizations with the most Ambulatory Surgery Centers (ASCs) include: ?? AMSURG ?? 250 ASCs in 34 states ??Specialties Covered: Gastroenterology (including endoscopy), ophthalmology, orthopedics, ENT (Ear, Nose, and Throat), and pain management ?? HCA Healthcare ??120+ ASCs in 20 states ?? Specialties Covered: Orthopedics, gastroenterology, ENT, ophthalmology, urology and gynecology ?? SurgCenter Development ??+230 ASCs in 28 states Specialties Covered: Orthopedics, spine surgery and ophthalmology ?? Surgery Partners, Inc ??+200 facilities in 33 states ??Specialties Covered: Orthopedics, ophthalmology, gastroenterology, pain management, ENT, urology, plastic surgery and gynecology. ?? United Surgical Partners International, Inc ??+400 ASCs across 38 states ??Specialties Covered: Orthopedics, ophthalmology, gastroenterology, pain management, ENT, urology, and gynecology Don't forget to follow for more ASCs news and trends. #Healthcare #ASCs #Innovation #PatientCare #HealthcareLeadership #AmbulatorySurgeryCenters

?? New job opportunities in healthcare: Senior Manager Supply Chain Massachusetts Eye and Ear ?? Boston, MA https://lnkd.in/d4g7FZW7 Manager, Surgery - Department of Surgery Hackensack Meridian Health ?? Hackensack, NJ https://lnkd.in/dG8frYiq Group Practice Manager - OPD Geriatric Medicine Henry Ford Health ?? Detroit, MI https://lnkd.in/dHida-4q Cardio, Neurology & Pediatrics, Regional Manager Invitae ?? Maryland Explore these and other exciting job opportunities in our latest newsletter! ?? Subscribe today and be the first to know about top job offers. Don’t forget to share with your network—help connect the right talent to the right opportunities! https://lnkd.in/djjXEBzN #healthcaresupplychain #ascjobs #healthcarejobs

Managing inventory effectively in an Ambulatory Surgery Center (ASC) is crucial for ensuring smooth operations, controlling costs, and delivering high-quality patient care. In our latest newsletter we explore some of the most common inventory mistakes in ASCs, why they occur, and potential solutions. #ASCNewsletter #ASC #SurgeryCenters #ASCTrends #HealthcareNewsletter

The Growing Challenge of Reimbursement Disparities in Ambulatory Surgery Centers (ASCs) ?? Ambulatory Surgery Centers (ASCs) are crucial in delivering high-quality, cost-effective surgical care. However, reimbursement disparities are causing significant stress on these facilities, threatening their ability to operate effectively. Medicare typically accounts for 30% to 40% of an ASC's revenue, with private insurance contributing another 50% to 60%. But with the recent 3.37% cut to Medicare reimbursement rates for 2024 and an inflation-adjusted 30% decline in payments since 2001, ASCs are facing unprecedented financial challenges: 1?? Rising Operational Costs vs. Stagnant Reimbursements: Operating costs have surged by nearly 20% over the past decade, while Medicare reimbursements have barely increased. On average, ASCs spend $8,000 per case, yet receive only about $4,800 from Medicare, leaving a significant financial gap. 2?? Attracting and Retaining Skilled Staff: The 3.37% cut in Medicare reimbursements makes it tougher for ASCs to offer competitive salaries, which impacts their ability to attract and retain top talent. Staffing shortages could become a serious issue, directly affecting the quality of care. 3?? Investment in Technology and Upgrades: Over 40% of ASCs have had to postpone critical technology and facility upgrades due to financial constraints. Delayed investments limit their ability to deliver cutting-edge care and put them at a disadvantage compared to better-funded hospital outpatient departments. So, what can ASCs do? ?? Embrace Technology for Financial Management: Implementing advanced software solutions for real-time financial data analysis and inventory management can help ASCs optimize resources, identify cost-saving opportunities, and ensure spending aligns with actual reimbursement rates. Mika Health in currently gifting 3-MonthsTrial of our software to experience our financial benefits. You can register using the link on the comment section. ?? Focus on Supply Chain Savings: Optimizing the supply chain is essential for reducing costs. ASCs can achieve significant savings by negotiating better contracts with suppliers, standardizing supplies, and cutting inventory waste. ?? Optimize Operating Room (OR) Utilization: Maximizing OR efficiency is key to improving profitability. By optimizing scheduling, reducing turnover times, and utilizing data analytics to forecast demand, ASCs can handle more cases per day. This approach boosts revenue and ensures better resource utilization without increasing costs. Reimbursement disparities are a real challenge, but strategic solutions like advanced financial management software, supply chain optimization, and better OR utilization can help ASCs stay strong and continue providing the care many communities rely on. #Healthcare #ASC #Medicare #HealthcareReinbursement #SurgeryCentesr #HealthTech

Success in Ambulatory Surgery Centers (ASCs) is built on efficiency and precision. Leading ASCs optimize Operating Room (OR) utilization through careful planning and scheduling, ensuring that every minute counts. But that’s just the beginning. ?? Top ASCs take a deep dive into analytics, assessing costs and profit margins per case. This detailed approach enables them to optimize resources, enhance profitability, and maintain high standards of patient care. By combining strategic OR management with a sharp focus on financial metrics, ASCs can achieve sustainable growth and excel in a competitive market. ??? #HealthcareEfficiency #ASC #ORUtilization #HealthcareManagement #SurgeryCenters #ASCManagement