Understanding Ambulatory Surgical Center Ownership Models.
- Resource Type
- Article
- Authors
- Hill, William
- Source
- AAOS Now. Oct2021, p1-5. 5p.
- Subject
- *SURGICAL clinics
*PHYSICIANS
*MARKET value
*FAIR value
- Language
- ISSN
- 1935-6765
If a corporation employs physicians, it offers the ASC physician partners; if not, the corporation can actively recruit physicians. An ambulatory surgical center (ASC) exclusively furnishes outpatient surgical and procedural services with the expectation that patients will not need hospitalization and their stays will not exceed 24 hours. There are seven common organizational structures of ASCs: physician-owned physician-hospital joint venture physician-corporate joint venture physician-hospital-corporate joint venture hospital-owned corporate-owned hospital-corporate joint venture The Anti-kickback Statute contains an ASC "safe harbor", which protects various types of physician-owned ASCs and hospital-physician ASC joint ventures from laws preventing self-referral to facilities where a physician is an investor. [Extracted from the article]