In most markets, outpatient surgery procedures now account for 70% - 80% of all surgery procedures being performed. While many procedures are still being done in a Hospital outpatient setting, the trend toward the development of freestanding Surgery Centers has continued. In fact (depending on the data you look at), the number of Surgery Centers now exceeds the number of acute care Hospitals in the U.S.
The trend toward Surgery Centers has occurred for several reasons. When compared with a Hospital setting, Patients and Physicians greatly prefer the improved access, convenience and other amenities found in the typical Surgery Center. It also is a lower cost site for the Patient to obtain needed outpatient surgery. The high level of Patient / Family (and Physician) satisfaction with the Surgery Center approach is well documented.
Given its dedicated nature, the well-operated Surgery Center is much more efficient and effective when compared with even the best run Hospital outpatient surgery setting. Surgeons can be much more productive which, in turn, creates additional valuable time for them to pursue other personal and professional endeavors. In many situations, Surgeons can also be provided with an opportunity to acquire ownership in the Surgery Center. Finally, involved Physicians truly appreciate the opportunity to have increased input and control of quality-related decisions for their outpatient surgery Patients.
The Hospital too can frequently benefit from participation in the development of a freestanding Surgery Center. This is certainly a better alternative than losing a majority of outpatient surgery volume to a Center owned solely by others. A separate Center can also allow the Hospital to better utilize its existing Operating Room and / or free up needed space for other (new or expanded) revenue producing services. If a Joint Venture approach is taken to Center ownership, then a scenario is created where the Hospital and Physicians can collaborate as Partners and subsequently enjoy the many potential benefits that should result from such collaboration.
If you’d like to learn more about Surgery Centers, we at HVP would love to help you out! Visit our website at www.hvpros.com or give us a call at 615-457-1848 so that we can talk with you personally about this exciting topic.