1. Contact big businesses for partnerships. As large hospitals have in the past, some surgery centers are now seeking partnerships with large businesses to provide care. ASCs can remove third party payors from the equation by inking deals with local companies to provide medical care for a set cost, which must be lower than they are able to achieve elsewhere.
“We are reaching out directly to large employer groups going around the third party payors, and we plan to continue with that strategy,” says Keith Smith, MD, co-founder and managing partner of the Surgery Center of Oklahoma in Oklahoma City. “We are able to carve out their care. More companies are interested in these carve out arrangements where they deal with us directly. The insurance companies aren’t always acting in the best interest of large employers and we have basically redirected the READ MORE