Episode # 431 • 02 Apr 2024
OBL or ASC for Your Private Practice? How to Decide
with Teri Yates, Dr. Aaron Fritts
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
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
- 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
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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.
The Materials available on BackTable are provided for informational and educational purposes only and are not a substitute for the independent professional judgment of a qualified healthcare professional in diagnosing or treating patients. Any opinions, statements, or views expressed are those of the individual contributors and do not necessarily reflect those of the publisher, platform, or any affiliated organization.