Why ASCs are attractive to new potential surgeon investors

Editor's Note

Becker’s ASC Review March 14 shared six factors for why ambulatory surgery centers (ASCs) are attractive to up-and-coming surgeon talent looking to partner in the business. The following were compiled “based on interviews with several physicians and surgeons,” Becker’s noted:

1. New surgeons look for formal mentorship to help them build relationships and their reputations, which can “branch into showing new surgeons how to effectively manage their clinical and operational staff and gain financial competencies to run a practice.”
2. “ASCs that offer a track to promotion and equity ownership are very attractive” to new surgeons, as lack of autonomy and stagnant pay at hospitals are sources of frustration for surgeons.
3. “ASCs that offer block scheduling based on the individual surgeon's needs…capture the attention of potential surgeon owners.”
4. Transparency into compensation, path for promotion, financial health of the organization, contractual obligations, and strategic growth plan is deemed essential for surgeons joining a new ASC or private practice.
5. “Surgeons searching for the right landing spot out of fellowship are looking for more than just a paycheck; they also want partners who will grow with them.”
6. The consistency of ASCs is attractive because “the ability to control the surgical environment is highly valuable to surgeons.”