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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 2007

Weighing Your Financing Options

How can your venture score start-up cash at the lowest cost with the most advantageous terms?

Deborah Grandinetti, Contributing Editor

If you plan to seek financing for your new ambulatory surgical center this year, there's both good news and bad.

The good news: Money is available for solid projects, and more lenders are competing for your business, forcing them to be more aggressive in the terms they offer (10-year terms and limited guarantees, for example). The bad news: This is a maturing market with obvious failures. That, coupled with the prospect of declining Medicare reimbursements for certain specialties performed in ambulatory surgical centers in 2008, means greater scrutiny for loan proposals. Risk-free financing has also gotten harder to come by.

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Categories: Building/Renovating, Business Management, Equipping Your OR, Legal/Regulatory
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