Certificate of need (CON) laws significantly limit the growth of ambulatory surgery centers (ASCs), increasing health care costs and reducing access to care. That’s according to a recently published study commissioned by conservative think tank The Cato Institute. The research found that repealing ASC-specific CON laws led to a 44% to 47% statewide increase in the number of ASCs per capita. Rural communities saw even more dramatic growth, with ASCs increasing by 92% to 112% per capita, … [Read more...]
CON Laws Present Double-Edged Sword for ASC Operators Balancing Market Control, Expansion
For operators looking to open up a new ambulatory surgery center (ASC), it takes more than just funding, a strategic plan, or even a strong clinical team. In many markets, regulatory stars need to align as well. A certificate of need (CON), for instance, is a regulatory document required in some states before health care facilities, including ASCs, can be constructed, expanded, or significantly altered. For ASC operators, the CON process presents both opportunities and challenges. On one … [Read more...]
[Updated] ‘We Want to Affect Change’: SurgNet Health Partners Targets Expansion, Growth Opportunities
Nashville-based SurgNet Health Partners is looking to expand, especially in underserved markets where there's a need for ambulatory surgery centers (ASCs). Those markets will be critical as part of company’s growth and mission. “We want to be in the states that are underserved,” co-founder and CEO Chase Neal told ASC News. “That's really our focus, and where we're seeing deal activity is more in the Midwest, and the Upper East and the Southeast quadrants right now.” SurgNet Health … [Read more...]
SurgNet Health Partners Buys Tuscaloosa Endoscopy Center
SurgNet Health Partners Inc., a Nashville-based ambulatory surgery center (ASC) development and management company, has acquired Tuscaloosa Endoscopy Center, a provider of gastrointestinal diagnostic and therapeutic endoscopic procedures in Alabama. The center, which was established 40 years ago, is led by board-certified gastroenterologists Dr. AB Reddy, Dr. Rekha Khurana and Dr. Kartika Reddy. “We could not be more excited to partner with Dr. Reddy and the team at Tuscaloosa Endoscopy … [Read more...]