Looking for the right partner to get your ASC back on top?
Physician-owned ASCs who are struggling to maintain profitability may seek assistance to optimize their facility's financial performance.
Meridian approaches turnaround partnerships by asking several questions and performing a comprehensive assessment to fully understand the partnership's unique challenges as well as their desired end result.
Meridian then deploys capital to eliminate debt, focuses on physician recruiting, and implements a strong operations plan to make the business profitable.
What does Meridian consider when evaluating a turnaround partnership?
- Physician partnership and market demographics
- Capacity for growth (physical and partnership)
- Payor mix
- Surgical case volume
What are the benefits of Meridian partnership?
- Elimination of debt
- Achieve and maintain a profitable state of operations
- Access to capital resources and experienced strategic partner
- Dedicated and focused senior management team
- Decreased risk
- Maximized case volume and revenue
- Increased opportunities for organic and external growth
- Reduced management and administrative burdens
- Ability to maintain strong focus on patient care and outcomes
- Improved quality of life
ASC Management Services