Subscriptions

Advertising

Resources

About Us

Contact Us

Create An Account Forgot Your Password?
Trouble logging in or creating an account? click here
Home This Month E-Weekly Newsletter Building a Facility Article Archive Second Opinions
Search:
Benchmarking
General Surgery
Accrediting/Quality
Anesthesia
Code/Bill/Reimburse
Building/Renovating
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 2003

Conducting a Feasibility Study

Six factors to weigh before you move forward on your project.

Brett Hickman, CPA, MBA

There's an old joke among prospective builders that goes like this: "A feasibility study is a waste of time because the outcome is a foregone conclusion. Would people whose job it is to help new facilities get built tell you that you should reconsider your hopes for a new surgery center?" The answer is no, they won't - as long as the plan is worthwhile. Before we give our clients the go ahead, this is what we look at:


Case volume.
This is the volume of cases you can realistically expect to perform at the surgery center. The first key area we examine is the level of demand for the service and your ability to meet it. For example, what have been the past case volumes of the surgeons you have on board for the new center? What are the demographics of potential patients relative to your specialty or specialties? If, for instance, your current practice relies on a heavy volume of cataract cases, opening a new ophthalmology ASC in an area with a generally younger population base will probably not be a good fit.

Sign in to continue reading.
Email Address:
Password:
Categories: Building/Renovating, Business Management
Keywords:
answer; builders; built; clients; facilities; feasibility; foregone; give; hopes; job; joke; long; outcome; people; plan; prospective; reconsider; study; surgery; time; waste... show all keywords
answer; builders; built; clients; facilities; feasibility; foregone; give; hopes; job; joke; long; outcome; people; plan; prospective; reconsider; study; surgery; time; waste

© Copyright Herrin Publishing Partners LP 2011. REPRODUCTION OF THIS COPYRIGHTED CONTENT IS STRICTLY PROHIBITED. We encourage LINKING to this content; view our linking policy here.

Outpatient Surgery Magazine's Architects' Showcase
Other Articles That May Interest You
Modest Medicare Payment Increases for Both Hospitals and ASCs in 2012
Outpatient surgery fees will rise 1.9% for hospitals and 1.6% for ASCs.
Might the Shackles Come Off of Physician-Owned Hospitals?
House bill that would let under-construction hospitals open and existing ones expand moves to Senate.
Gynecologists Offering Breast Augmentation and Ophthalmologists Doing Liposuction
News report examines why more and more doctors perform cosmetic procedures outside their specialty.