Five leaders joined Becker’s to discuss private equity’s influence in the ASC industry:
Michael McClain. Executive Director of Ambulatory Surgery at Providence (Renton, Wash.): It seems like every day, there is a new player in the ASC space, be it private equity, large medical groups, insurance carriers, or even tech and sales giants entering the fray. While those parties bring big purse strings and expertise, many of these organizations lack the deep relationships and multilevel community connections that local health systems and medical groups have. In my mind, the MOST important aspect of maintaining and growing our businesses and margins is maintaining and improving our relationships with our physicians and community leaders. Those relationships help organizations weather the storms of pandemics, capital challenges, regulatory changes and growth. Read more.