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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 2009

How to Find the Money for Your Construction Project

Advice to get over the barriers to finding startup financing.

Kent Steinriede, Associate Editor

Now more than a year into a recession, consumers and companies aren't spending, patients are canceling elective procedures and loans for startup capital are getting harder to find. How can you launch a surgery center in a situation like this? It's difficult, but new centers keep sprouting up — just not as many as in years past.

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1. Economic slowdown; 2. Tight credit; 3. Banks want to see more skin; 4. More hospitals are building outpatient facilities; 5. Some specialties are more profitable than others; Bank; Economic; Elective; GI; Large; Lenders; Make; Outpatient; Pa. The; Pittsburgh, Pa. The; Plan; Success; Teaming; Tight; active; acute; addition; advantage; afloat; baby; back; bank; based; begin; bet; big; bode; borrow; brakes; bright; build; building; business; buys; calling; canceling; capital; card; care; case; cash; catching; center; centers; chain's; challenges; chance; chief; climate; coming; commitments; communicate; community; companies; concept; considered; construction; consultant; consumers; cosmetic; couple; creating; current; decide; decisions; define; depending; develop; development; difficult; discount; discounting; downturn; ear-nose-throat; economic; economy; effectively; elective; embrace; entire; equal; equipment; estimated; executive; existing; expected; eyes; facilities; facility; fall; fallen; favor; fear; feel; figures; finance; financial; financially; financing; find; firm; forma; formas; front; fund; funding; future; gathering; generous; good; great; group; growth; hand; harder; head; healthcare; healthy; helps; hire; hold; holding; homework; hospital; hospital-physician; hospitals; hurdles; idea; include; institutions; insurance; investor; involved; job; joint; jump; key; launch; lender; lenders; lending; list; loan; loans; local; lock; losing; lot; lower; major; make; management; manager; market; maximum; means; meet; migration; money; national; niche; non-recourse; offer; ophthalmology; opportunities; orthopedics; outnumbering; outpatient; overbuild; part; participants; partner; patients; percent; performed; personal; phases; physician; physician-investors; physicians; pick; place; plan; planned; plans; predict; preferences; president; pro; procedure; profitable; project; projects; prove; pumping; put; putting; question; rational; realities; realize; refine; reflecting; regional; reimbursement; remains; renovations; resyndicates; risk; runaway; running; safe; sales; scheduled; scheduling; senior; services; show; sit; situation; slows; smaller; solution; specialized; specialties; spots; sprouting; staffing; start; started; startup; statements; stay; strong; struggling; success; supply; surgeries; surgery; surgical; systems; taking; thing; thought; threat; tied; tightening; time; today; tough; track; turnarounds; types; unknowns; vice; volume; wait; well-thought-out; worked; working; year

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