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BackTable / VI / Podcast / Episode #431
OBL or ASC for Your Private Practice? How to Decide
with Teri Yates
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.
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BackTable, LLC (Producer). (2024, April 2). Ep. 431 – OBL or ASC for Your Private Practice? How to Decide [Audio podcast]. Retrieved from https://www.backtable.com
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Podcast Contributors
Teri Yates
Teri Yates is the CEO of Accountable Physician Advisors.
Dr. Aaron Fritts
Dr. Aaron Fritts is a Co-Founder of BackTable and a practicing interventional radiologist in Dallas, Texas.
Synopsis
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.
Timestamps
00:00 - Introduction
04:19 - Deep Dive into OBL and ASC: Definitions, Differences, and Decisions
07:26 - Financial Implications of ASC vs. OBL
10:56 - Hybrid Model: Combining OBL and ASC for Flexibility
15:14 - Navigating the Complexities of ASC Development
20:03 - Real Estate Strategies for OBL and ASC Projects
22:50 - Staffing Considerations and Physician Entrepreneur Insights
35:17 - Future of OBL and ASC: Trends and Predictions
39:43 - Closing Thoughts and Resources for Further Learning
Resources
Ambulatory Surgery Center Association:
https://www.ascassociation.org/home
OEIS Annual Meeting 2024 Las Vegas:
https://oeisweb.com/meetings/2024-annual-meeting/
Accountable Physician Advisors (Teri’s consulting firm):
http://www.accountablephysicianadvisors.com/services
DocCentric:
https://doccentricasc.com/
NOON Development Company:
https://noondevelopment.com/
BT VI Episode #366 - Navigating OBL & ASC Business: Pitfalls to Avoid with Teri Yates:
https://www.backtable.com/shows/vi/podcasts/366/navigating-obl-asc-business-pitfalls-to-avoid
BT VI Episode #202 - Staffing the OBL with Dr. Krishna Mannava and Kristin Longwell:
https://www.backtable.com/shows/vi/podcasts/202/staffing-the-obl
BT VI Episode #129 - OBL / ASC Business Pearls with Dr. Jim Melton:
https://www.backtable.com/shows/vi/podcasts/129/obl-asc-business-pearls
BI VI Episode #121 - Office-Based Labs (OBLs) & What You Can Do in Them with Dr. Mike Watts:
https://www.backtable.com/shows/vi/podcasts/121/office-based-labs-obls-what-you-can-do-in-them
BT VI Episode #42 - Building an Outpatient UFE Practice with Dr. Mary Costantino:
https://www.backtable.com/shows/vi/podcasts/36/building-an-outpatient-ufe-practice
Disclaimer: The Materials available on BackTable.com are for informational and educational purposes only and are not a substitute for the professional judgment of a healthcare professional in diagnosing and treating patients. The opinions expressed by participants of the BackTable Podcast belong solely to the participants, and do not necessarily reflect the views of BackTable.
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