Every ASC starts with visions of better health – for you, your team, and your patients. Choosing an experienced development partner like Pinnacle III is the best way to ensure that your vision stays on the prosperous track.
We have developed over 30 ASCs since 1999 – overseeing everything from financial development and business planning, to staffing and inventory control. In short, we are your proven partner for complete ASC development.
- Provide set of financial data covering the facility revenues, operational costs and profits
- Assist in the facility conceptual space plan
- Estimate capital equipment expenditures
- Recommend financing strategies
- Project multi-year cash flow statement
- Project multi-year profit and loss statement
- Identify top payors to prioritize contract negotiations
- Offer onsite presentation to physicians and facility partrners
- Establish pre-syndication meeting schedules
- Conduct meetings with prospective surgical groups and individual surgeons
- Facilitate data collection from prospective surgeons for financial pro forma
- Provide early, as well as ongoing, reviews of architectural plans and space design with client, architect, and contractor
- Work closely with contractor to ensure timelines, quality standards, and budgets are achieved
- Procure capital equipment
- Work with architect and contractor in establishing equipment cut sheets
- Facilitate final facility walk through and punch list
- Establish governance structure, governance documents, medical staff bylaws, rules and regulations
- Establish Board of Managers
- Guide selection of Medical Director, Medical Advisory Committee, QA Committee and key staff
- Obtain required state licensure and Medicare certification through active participation in licensure and certification surveys
- Obtain business license, if needed
- Assist in client’s selection of identity and logo
- Assist legal counsel with bylaws
- Hire on-site Clinical Director
- Assist Clinical Director in hiring and training staff, setting up employee files and developing staffing plans
- Establish vendor relations with competitive price points
- Develop and implement employee benefit package
- Oversee protocols required by state licensing organization
- Prepare staff for Medicare certification process
- Establish protocols for anesthesia, laboratories, laundry, housekeeping, and other outsourced services
- Guide client in selection and implementation of management information systems
- Facilitate the integration of systems between facility and group practice(s) to establish economic and systematic efficiency
- Negotiate third-party payor contracts
- Establish fee schedule for client review
- Develop and implement recommended credentialing procedures wherever necessary
- Identify potential Group Purchasing Organization (GPO) arrangements
- Arrange for general liability, malpractice, and contents insurance
- Draft and implement clinical, business office, and human resources forms
- Order and stock supply inventories
- Assist with data entry of inventory variables into management information system
- Develop and implement physician block schedule
