ENTITY WITHIN AN ENTITY; IE: NEW ASC WITHIN AN EXISTING ASC

VIDEO TRAINING

CATEGORY: FINANCIAL - NEW BUSINESS DEVELOPMENT

TITLE: ENTITY WITHIN AN ENTITY

IE: HOW TO LEGALLY CREATE A NEW ASC WITHIN AN EXISTING ASC

PRESENTER: CATHY MONTGOMERY, RN, PRESIDENT OF EXCELLENTIA ADVISORY GROUP

Cathy has over 20 years of experience in healthcare services management. During her position as Regional Manager for Barnes Hospital, Cathy oversaw several physician practices. As Regional Administrator for Novamed, she oversaw operations of the physician practices, as well as the ambulatory surgery centers and optical shops in the Metro St. Louis and Illinois areas. Under her direction, a state-of-the-art refractive surgery center was also designed and opened in St. Louis, MO.

Cathy is Founder and President of Excellentia Advisory Group, a consulting and development company serving both the surgical industry through ASC’s as well as surgical hospitals and office-based surgical practices. Cathy’s passion has been teaching compliance to CMS Conditions of Coverage, AAAHC accreditation, and assisting ASCs with their survey readiness.

DESCRIPTION:

A fast growing concept in the ASC industry is the Entity Within an Entity.

• Unused OR’s can actually present an opportunity to generate income if utilized as an entity within an entity. 
• This concept maybe a solution for providers that need an excellerated start time without the lengthy headache of meetings with an architect and lengthy construction plan submission process.
• Utilization of this concept presents an opportunity for syndication that you may not have realized, this can be a financial strategy to enhance in and out of network goals as well as address partnership concerns.

This one hour session will discuss this strategy from all perspectives and provide a roadmap on how to begin. We will explore both landlord as well as tenet goals/responsibilities.  Additionally, guidance will be provided on the pitfalls as well as those tough areas of concern:

• Pricing structures
• How to roll this out with your Department of Health
• Effective communication during time of initial survey
• Staffing issues

This session is being presented by Cathy Montgomery, RN who has just completed licensure for an entity within an entity. She will outline the critical dos and don’ts. This strategy can be applied in both private as well as corporate/management organizations.

Once you and any/all staff that have reviewed this webinar, you will be eligible to receive a Certificate of Participation worth one Contact Hour 1 of continuing education. You simply contact Susan at events@excellentiagroup.com requesting your certificates. You will need to provide a typed list of all participants first and last name, position title, and license numbers (if professionals).

1Contact Hour Disclosure: Excellentia Advisory Group LLC is approved by the California Board of Registered Nursing, Provider CEP 15481; Issue Date: 4/6/2010