Industry experts predict that an effective pain treatment center’s business management will be crucial to its future success. April 26, 2014, in Dallas, Texas – Dr. Rudi Gari of Texas Pain Relief Group comments on the subject in an article published by the Ambulatory M&A Advisor, pointing out that physician-owners of pain treatment facilities must consider the business aspect of their profession, even if it is not instinctive. According to Gari, physicians are typically not the best business people. Even though you might be the greatest physician the world has ever seen, you won’t have an office to practice in if you can’t handle your money and office. The medical director of Orangewood Surgical Center and Regional Pain Treatment Medical Center, Dr. Al Liega, claims that the reason for this focus on business is the decrease in reimbursement rates. Global fees now limit payment and reduce access to care by not allowing reimbursement for certain procedures within the global time period, he added. Ascs reimbursement for procedures are often paid on only one cpt code. Payment for implants and hardware has also undergone significant change. most implants now come with the worldwide charge included. Increased expenses resulted in a decrease in in-office procedures, which was clearly impacted by these changes in reimbursement rates. Visit the ambulatory m&a advisor here to read the whole story, which includes commentary from Bill Hughes, the COO of Kure Pain Management. A one-stop resource for commercial, legal, and transactional information on ambulatory care facilities is the ambulatory m&a advisor. With contributions from specialists in the field as well as from on-staff writers, the newspaper honors excellence, offers thought leadership, and fosters relationships amongst the top deal makers in the field. Contact: 469-385-7792 publisher@ambulatoryadvisor.com; 18181 Midway Road, Ste 200, Dallas, Texas 75287; blayne Rush, the ambulatory m&a advisor
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