Four Keys to Successful Local Ownership and Control

• A fact-driven feasibility and scope analysis ensures that the project can be successfully financed, developed and operated. MSP's model for surgery center feasibility analysis has been tested. It is very comprehensive and proven to be reliable.
• The correct joint venture structure will ensure that the objectives and needs of the ambulatory surgery center's owners are kept in harmony, and that the long term success of the surgery center is protected. MSP's joint venture model provides the mechanisms necessary for future growth, partner retirement, changes in marketplace strategy, and regulatory compliance.
• A skilled development team will ensure the project is brought to life as desired, and that the construction, equipment and working capital budgets are adhered to. A skilled development team provides a single point of contact for all parties involved in the ownership, financing, design and construction of the ambulatory surgery center.
• Selection of a skilled leadership team will ensure that the ambulatory surgery center receives its license, accreditation and regulatory approvals upon completion of construction; and, will ensure that the surgery center is operated according to the needs and objectives of its owners.

Medical Surgical Partners' Turnkey Ambulatory Surgery Center Development Services

• Surgery Center Feasibility and Project Scope Analysis

Financial projections prepared in an accrual format, taking into account the projected caseload, scope of services, ambulatory surgery center charges and reimbursement rates, and costs associated with developing the facilities needed for surgery center operations.

Five-year statements of income and expenses, projected cash flow, and project capitalization plan.

Footnotes fully explaining the financial projections including comparable benchmarking data.

Feasibility and scope analysis adequate to allocate resources, obtain financing, assist in investment analysis, and serve as a guideline for management and staff during ambulatory surgery center start-up.

• Joint Venture Organizational Services

Provision of a format for interim decision-making, coordination of legal organizational formation, and establishment of governing board.

Records and minutes of all meetings and decisions.

• Pre-development Services

Site analysis and lease-buy representation.

Formation and development of real estate ownership entity as necessary.

Coordination of design and engineering professionals.

Coordination of equipment and instrument planning professionals.

• Facility Development Services

Owner's representation during construction process.

Coordination of construction and equipment financing.

• Business Development Services

Coordination of functional and medical staff organization including bylaws, policies and procedures.

Recruitment of key leadership staff.

Coordination of billing and business office systems.

Development of ambulatory surgery center pricing strategy.

Coordination of payor contracting.

• Start-up Services

Completion of survey applications for Medicare certification and accreditation.

Completion of applications for DEA, pharmacy and CLIA approval of the ambulatory surgery center.

Coordination of all on-site surveys.

Orientation of staff.

Orientation of physician schedulers.

Coordination of start-up promotion and marketing.