Outpatient Surgery Magazine, providing current information on Surgical Services, Surgical Facility Administration, Outpatient Surgery News and Trends, OR Excellence and more.
Issue link: http://outpatientsurgery.uberflip.com/i/330396
LEGAL UPDATE 3 4 O U T P AT I E N T S U R G E R Y M A G A Z I N E O N L I N E | J U N E 2 0 1 4 overseeing day-to-day operations and other tasks, while still reaping the economic benefits of speedy surgeries. From the ASC management company's perspective, entering into a tri-party deal with a health system provides it with access to affiliated physicians. This can be particularly valuable if the company and the hospital are forming a joint venture entity that intends to invest in multiple ASCs across a geographical region, as it provides an attrac- tive platform for growth. If the health system holds favorable managed care contracts and uses its leverage to obtain higher reimbursement rates for the ASC (subject, as mentioned above, to compliance with applicable antitrust regula- tions), the resulting "reimbursement lift" creates additional revenue for the ASC venture as a whole and for all of its investors, without any cor- responding expense or capital outlay. In the final analysis, tri-party ASC deals can be a win-win-win situation. OSM Mr. Sokol ( jsokol@mwe.com ) is a partner in McDermott Will & Emery's Miami office and chairs the firm's ambulatory surgery center practice group. Ms. Golino ( dg olino@mwe.com ) is an attorney in the firm's Miami office who spe- cializes in ASC transactions. Your Colleagues Are Talking About OR Excellence "Best conference ever!" —Taryn Harris, RN, Director, Southwest Medical Associates Surgery Center, Las Vegas, Nev. "By far my favorite." —Tammy Luther, BSN, MSSL, Manager, Caromont Health, Gastonia, N.C. "So many great ideas!" —Kari Stewart, CASC, Administrator, Pasadena Plastic Surgery Center, Pasadena, Calif. "Worth every penny!" —Teresa Heatwole, RN, Director of Nursing, Riverside Park Surgicenter, Jacksonville, Fla. "The speakers were exceptional!" —Shirley Torwirt, MHS, CASC, Administrator, Cypress Surgery Center, Wichita, Kan. Join us in New Orleans, Oct. 1-17, 2014 www.orexcellence.com "At least one take-away from every session." —Linda Szafranski, Director of Patient Care Services, McLaren Bay Region Health, Saginaw, Mich. "I met so many kind, intelligent, happy folks. " —Christy Lee, RN, Manager, Surgical Services, University of Missouri Health Care Medical Center "Can't wait until next year!" —Steve Wentworth, System Director, Surgical Services, St. Vincent's Health Care, Jacksonville, Fla. OSE_1406_part1_Layout 1 6/6/14 3:44 PM Page 34