Podcast #431 · 2 Apr 2024
OBL or ASC for Your Private Practice? How to Decide
In this episode of the BackTable Podcast, Teri Yates explores the nuances of choosing between an Office-Based Lab (OBL) and Ambulatory Surgery Center (ASC) for private practices. Teri is the CEO of Accountable Physician Advisors, a consulting firm which specializes in OBLs, ASCs, and hybrid models for private-practice physicians. She is also President of DocCentric, a company focused on supporting physicians building and leading their own ASCs.
This podcast is supported by
Timestamps
Resources
- Ambulatory Surgery Center Association
- OEIS Annual Meeting 2024 Las Vegas
- Accountable Physician Advisors (Teri’s consulting firm)
- DocCentric
- NOON Development Company
- BT VI Episode #366 - Navigating OBL & ASC Business: Pitfalls to Avoid with Teri Yates
- BT VI Episode #202 - Staffing the OBL with Dr. Krishna Mannava and Kristin Longwell
- BT VI Episode #129 - OBL / ASC Business Pearls with Dr. Jim Melton
- BI VI Episode #121 - Office-Based Labs (OBLs) & What You Can Do in Them with Dr. Mike Watts
- BT VI Episode #42 - Building an Outpatient UFE Practice with Dr. Mary Costantino
More about this episode
The discussion includes a comprehensive analysis of the financial, regulatory, and operational considerations for physicians contemplating this decision. This includes insights into reimbursement models, Medicare regulations, and the strategic advantages of each model. The episode also touches on the importance of feasibility studies, partnerships with other specialties, and real estate strategies when developing these facilities. The conversation provides valuable advice for navigating the complexities of ASC development and emphasizes the value of maintaining independence and leveraging physician-owned models for long-term success.