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Outpatient Surgery E-Weekly

Contact Congress Over Drug Shortage Issues

A Kentucky congressman is urging surgical facilities to contact their members of Congress and request that they sign his letter demanding changes to...

N.J. Posts ASC Inspection Reports Online

State and federal inspection reports of New Jersey's ASCs are now available online, giving patients an opportunity to make more informed choices abo...

Are Opioids Necessary?

While it's not always practical, or even possible, to eliminate opioids from your post-op pain management regiment, reducing their use in favor of n...

Archive >  Surgical Construction 2002

How to Pay for Your New Surgicenter

A world of financing options awaits you.

Stan Herrin, Publisher

In the financial sense, there's may never have been a better time to start a new ASC. Thanks to Alan Greenspan, interest rates are at their lowest level in years. And thanks to vigorous competition for ambulatory surgery center deals, you have a number of borrowing options open for the build-out and equipment of your center. But the bad news is that you will have to do a little work to make your project attractive to a lender, and once you do, you will encounter a perplexing array of options. "There are all different types of products with all different types of rates," says David Pflueger, MBA, a consultant with Colorado-based Pluris. He adds that the stakes are high, as "interest can take up as much as 30 percent of total expenses on your P & L." Here are a few things to think about when you are ready to go borrowing for your ASC.

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