Whitepaper: If It Ain't Broke, Fix It
This whitepaper provides background information on the industry, highlights the increasing margin pressure, and identifies an innovative approach to reducing SG&A costs. Fill out the form to read more!
For healthcare heroes like you, the winds of change are blowing stronger than ever, and it’s high time Ambulatory Surgery Centers (ASCs) embrace the power of technology to revolutionize how you run your ship.
According to ASC Data, more than 80% of surgeries are performed in an outpatient setting. The average operating expense for ASC administrative costs is approximately 16.4%. In this era of rapid growth and tight margins, ASCs must adapt and thrive with cutting-edge technology that enables cost-effective and more comfortable patient surgeries. But what about that allows you to run your center more effectively? Let’s dive into how you can transform your ASC with technology:
1. Streamlined Administrative Bliss: Picture a world where supply orders, POs, invoices, and expense management are managed in a central hub and are seamless and error-free. That’s what robust technology brings to the table. With an all-in-one platform that bridges gaps due to disparate systems, ASCs can save 15+ hours of administrative time and gain operational efficiency and happier staff.
2. Time is of the Essence: With technology on your side, labor-intensive tasks like payment discrepancies and reconciliations (3-way matching between the PO, invoice, and receipt) will no longer be your daily grind. Instead, you’ll experience automation, where technology takes over, and you have more time for what truly matters: your patients.
3. Data-Driven Ascendancy: Thanks to technology built for ASCs, you can experience clean and integrated data analytics and reporting capabilities as your center’s source of truth. Dive deep into your data, identify areas for improvement, allocate resources wisely, and make those crucial data-driven decisions that lead to progress.
4. Cost-Efficiency for Excellence: It’s not just about being tech-savvy; it’s about smart savings. You must explore a comprehensive technology platform that offers two intuitive dashboards for pricing visibility, streamlined supply chain and expense management for POs and non-PO transactions, boosted productivity, and financial controls that improve your bottom line. ASCs leveraging technology have the upper hand in the competitive healthcare landscape.
So, fellow healthcare warrior, it’s time to set sail into the future with a technology platform as your wind and innovation as your compass. ASCs of today are on the brink of an incredible transformation, and you need to be ready for this groundbreaking journey. Your team and, more importantly, your patients are counting on it.
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