Planning, financing, building, and certifying your ASC is not something you have time to do.
>> Put our expertise to work, free of charge.
That’s correct – we do not charge any development fees. MedBridge coordinates all aspects of the development process and presents you with a turnkey surgery center, fully staffed and well equipped. Every month of delay in the opening of your ASC could mean $50,000 to $200,000 in lost profit. With this understanding, MedBridge is structured to complete each project as efficiently and quickly as possible. As a vested partner, our interests are perfectly aligned with yours.
Read more about each step in the process below:
Feasibility Assessment
Simply give us a call to begin a comprehensive analysis of your ASC’s feasibility. We will assess revenue and provide cost projections based on formulas we have developed over the years. We ensure the unique particulars of your ASC’s location, patient demographics, specialties, payors, and staffing needs are carefully considered. The results of this pro forma will determine the direction of design, construction and operation.
Partnership Formation
MedBridge has substantial experience navigating the legal and business issues related to partnership formation. Our ASCs are typically set up as a Limited Partnership comprised of a General Partner and Limited Partners. Physician partners maintain majority interest and control of the center.
Project Financing
We will assume responsibility for obtaining all necessary financing to fully capitalize your ASC. This typically includes a combination of partner funding, tenant and equipment financing.
Facility Design & Construction
MedBridge manages site selection, project design, facility improvements, equipment selection and procurement, and project construction. MedBridge’s parent company, TynanGroup, is a national real estate development services firm with over twenty years and over $4 billion in project experience.
Licensing, Credentialing, Certification & Accreditation
Our clinical operations staff oversees all regulatory requirements and maintains current licenses and medical staff credentials. Medicare certification will be secured as early as possible, and a major agency will accredit the ASC shortly thereafter.
Initial Staffing
Our Human Resources Manager will develop a staffing plan and all job descriptions for the ASC. We will engage in recruiting activities to hire an experienced Administrator and/or Director of Nursing, as well as support staff. MedBridge establishes and administers employee benefit plans as well as employee policies and procedures manuals.
Ongoing Operations Management
Our team oversees the day-to-day operations, including:
- Revenue Cycle Management (Billing Services)
- Pre-Operative Authorization of Benefits
- Patient Financial Responsibility Contact
- Transcription
- Certified Coding
- Claim Submission
- Accounts Receivable
- Patient Collections
- Contracting and Payor Management
- Accounting
- Bookkeeping
- Accounts Payable
- Payment Posting
- Partnership Management
- Partner Distributions
- Equity Tracking and Annual K-1’s
- Partnership Meetings
- Medical Advisory Committee (MAC) Meetings
- Human Resources
- Payroll Processing
- Policies and Procedures
- Clinical Staff Support
- Ongoing Marketing
- Compliance Audits
- Graphic Design
- Patient Forms
- Facility Brochure
- Information Technology
- Website Creation and Maintenance
- HIPPA Compliance
- Secure Server Management
- Printers, Copiers, Telecommunications and E-mail
- Legal Services
- Repairs and Maintenance
For additional information about our Ongoing Management Services, see Turnarounds.
