Advantien Unveils ASC Profitability Roadmap™: A Powerful Solution for Increased Profits in Ambulatory Surgery Centers

July 09, 2024 07:00 AM Eastern Daylight Time

DENVER–(BUSINESS WIRE)–In a groundbreaking move set to redefine the financial dynamics of Ambulatory Surgery Centers (ASCs) nationwide, Advantien has announced the launch of its innovative ASC Profitability Roadmap™. This pioneering service empowers ASC stakeholders, including CEOs, surgeons, and administrators, with actionable insights from an in-depth analysis of their facility’s financial and operational data.

Unlike the outdated method of case costing, which only tells half the story, Advantien’s ASC Profitability Roadmap™ provides a detailed roadmap to increased profitability. Along with one-to-one consulting with an ASC growth expert, the report reveals hidden profit drivers, troubleshoots loss leaders, and optimizes operations for maximum profitability.

Dr. James Bee, a spine surgeon and client from Colorado Springs Orthopaedic Group, lauds the initiative, stating, “No other profitable business moves forward without knowing the cost of goods sold. Why do the vast majority of surgery centers operate this way? Without this information, I don’t know how we can make decisions or truly evaluate our payor contracts. Advantien’s ASC Profitability Roadmap is crucial for success.”

Innovative Solutions for Growing ASCs

Advantien’s decade-long expertise is now encapsulated in the ASC Profitability Roadmap™, offering not just data — but answers and actionable advice. The service facilitates operational collaboration by consulting with an ASC’s entire team, ensuring buy-in from the CEO/Administrator, CFO, Board, and Surgeon. It promises a foundation for the future, enabling centers to identify profitable cases, avoid financial pitfalls, and negotiate better terms with payors.

Key Features of the ASC Profitability Roadmap:

• • • • • In-depth Profit and Loss analysis by month, surgeon, and payor.
        • Comprehensive case cost breakdowns by Surgeon/CPT and MRN.
        • Detailed evaluations of implant and supply costs for top procedures.
        • A 1-hour consulting session presenting the roadmap to the ASC team.

For $2495, the roadmap is not just a report but a blueprint for thriving in the competitive healthcare market.