Monterey Peninsula Surgery Center Delivers Notice To Terminate Contracts With Anthem Blue Cross

By Editor | February 18, 2020

Source: Monterey Peninsula Surgery Centers, LLC

After months of stalled good faith negotiations attempting to negotiate reasonable terms, Monterey Peninsula Surgery Center (MPSC) announced its intent to terminate its contract with Anthem Blue Cross (Anthem). The termination will take effect in 30 days, until which MPSC and Anthem may continue to negotiate. If MPSC and Anthem are unable to reach an agreement on new contract terms, the termination will become effective on or about March 18, 2020.  MPSC takes its decision seriously…  (continue reading)

Planning for Proper Pain Management

By Carrie Millsap | January 15, 2020

Source: Outpatient Surgery Magazine

Monterey Peninsula Surgery Centers, LLC (MPSC) was interviewed by Outpatient Surgery Magazine regarding its efforts to reduce patients’ reliance on post-op opioids.   (continue reading)

MPSC Expands Transparency Efforts by Releasing its ASC Quality and Performance Data

By Editor | October 28, 2019

Source: Monterey Peninsula Surgery Centers, LLC

MONTEREY, Calif., Oct. 28, 2019 /PRNewswire/ — Monterey Peninsula Surgery Centers, LLC (MPSC) released its most current ASC quality outcome data, including the percentage of medical staff physicians with Board Certifications, hospital admitting privileges and rates for post-surgical infection, emergency room visits and readmissions. MPSC’s continued focus on transparency in its quality performance measures empowers patients with the information they need to make well-informed decisions regarding their healthcare treatment options. (continue reading)

MPSC Wins CASA’s ASC of the Year Award for the Second Time

By Editor | September 25, 2019

Source:  PR Newswire

MONTEREY, Calif., Sept. 26, 2019 /PRNewswire/ — Monterey Peninsula Surgery Centers, LLC (“MPSC”) announced it was honored with two awards at the California Ambulatory Surgery Association’s (CASA) 2019 Annual Conference.  MPSC was selected as the 2019 ASC of the Year and received the Award for ASC Excellence in Advocacy.  MPSC is the first multiple- year winner, having previously received the award in 2017. There are over 800 ASCs in California, and ASC of the Year is the highest honor that can be bestowed upon an ASC.  (continue reading MPSC Wins CASA’s ASC of the Year Award for the Second Time)

How to “Aldi” Healthcare by Taking Out Costs

By Tom Wilson | September 9, 2019

Source:  Physicians News Network

Aldi. The mere utterance of the name stirs fear in the heart of competitors, and joy in the heart of consumers. What if someone could “Aldi” healthcare? What if some healthcare provider, some innovator, could take the costs out of healthcare just as Aldi has taken the costs out of groceries? What if healthcare providers could get better outcomes for their patients with a better outcome for their bottom line? (continue reading How to “Aldi” Healthcare by Taking Out Costs)

Industry Reacts to Medicare for All Traction

By Shelby Livingston | April 29, 2019

Source:  Modern Healthcare

Once a fringe idea, Medicare for All is becoming part of the mainstream.  The health care industry is taking this traction seriously. (continue reading)

The $3.5 Trillion Challenge – A Case for ASC Bundled Payments 

By Thomas D. Wilson | April 23, 2019

Source:  Physicians News Network

According to Centers for Medicare and Medicaid Services (CMS), the total cost of U.S. healthcare is approaching 18% of GDP, or $3.5 trillion. Modifying the healthcare delivery system will provide a positive impact on the U.S. economy, as well as on businesses and individual consumers, who will benefit greatly from a transparent, value-based healthcare system. … (continue reading)

Global 1’s Bundled Payment Program Saved MCSIG Members Over $7 Million Dollars

By Michael Caponetto  | February 27, 2019

Source:  PR Newswire

Municipalities Colleges Schools Insurance Group (MCSIG) announced today it saved more than $7,000,000 through the Global 1 (G1) bundled payment network for surgical procedures. The total savings to MCSIG during this period was $7,121,250. The all-inclusive bundled payment includes the physicians and facility fees for an episode of care. The cases were performed … (continue reading)

Bundled Payments Save Money ‘Nearly Exclusively’ By Cutting Skilled Nursing

By Alex Spanko | January 6, 2019

Source:  Skilled Nursing News

A key mandatory bundled payment program saved the government money almost entirely through the reduction of skilled nursing facility reimbursements, a new study from researchers at Harvard University concluded. . . (continue reading)

Monterey Peninsula Surgery Center Wins Ambulatory Surgery Center of the Year for 2017

MONTEREY, CA (October 4, 2017)

Monterey Peninsula Surgery Center (MPSC) was selected as the Ambulatory Surgery Center (ASC) of the Year in 2017 from a pool of 800 ASCs by the California Ambulatory Surgery Association (CASA).  The CASA state association Board established the Award to recognize the ASC that truly exemplifies “best practices” in the field of outpatient surgery… (continue reading) 

Same-Day Hip Replacement
Hip replacement surgery is now an outpatient procedure due to an increasingly popular surgical technique; surgeons promise less pain and faster recovery
Source: The Wall Street Journal

Ambulatory Surgery Centers save $38 billion per year for patients procedures
ASC Cost Savings Study
Source: Ambulatory Surgery Center Association

Are Bundled Payments Good for Surgery? 

It’s easy to see why bundled payments appeal to payers and employers. The popular value-based model that pays providers a flat price for all of the care they’ll deliver before, during and 90 days after surgery reduces spending and improves patient outcomes. But are bundled payments a good deal for surgeons and surgical facilities? That depends on how well you negotiate the bundled payment and, as you can see in the table below, how much distance you put between your set fees and your variable costs. Either way, as the push continues to pay for surgery on the basis of quality over quantity, bundled payments have emerged as an increasingly popular model — especially in orthopedics.

Go to full story in Outpatient Surgery

http://www.outpatientsurgery.net/surgical-facility-administration/surgery-business/are-bundled-payments-good-for-surgery–02-17

Source: www.outpatientsurgery.net