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Acute Surgery Center

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Submitted By StepT
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Acute Surgery Centers
Stephanie Tolbert
HCS/43O
April 9, 2012
Siobhan J. Hardy

Acute Surgery Centers Acute surgery centers are where surgical procedures are performed on an outpatient basis. Surgery centers are faced with a variety of legal issues at the state levels; they are affected by legal issues on the national level affecting their everyday affairs. Physician’s ownership, safe harbor requirements, out-of-network fees are a few of the legal issue. According to “Robert Mosher, JD, partner at Nossaman, leading expert in health care law, say that the most common legal issue he deals with involves physician ownership and more particularly, the buying and selling of acute surgery centers units”. Physicians Ownership The number one problem is the buying out of retiring owners and bringing in new owners. Some acute surgery centers fight with interpreting their existing agreements concerning buying and with the legal obligation of selling for a fair market value. Finding enthusiastic buyers willing to pay fair market value for surgery centers financially burden can be a tentative course of action. Owners of surgery centers must have an open mind about new partners. They should not wait until there is a predicament or profitability problem. The owners should be constantly evaluating new partners that can progress the productivity of the center. When the centers try to buy or sell units, establishing the fair market value of a facility can be challenging. Although it is recommended that the fair market value is used to agree on the cost of buy-in, there is not a regulatory direction on how to determine the value (Dunn, 2009). The centers use valuation firms to establish their value. A mathematical formula cannot take the aspects of a business like a valuation firm. It is recommended that when a surgery center selects a formula the buyout of

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