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Podcast 169: Driving Better Outcomes with Ambulatory Surgical Centers

Aug 08, 2024

Summary

Ambulatory Surgery Centers (ASC) specialize in providing surgical, diagnostic, and preventive procedures without lengthy and costly hospital stays.

As the demand for convenient, accessible, and affordable care grows, ASCs have become an increasingly popular alternative.

Joins us as Aric Burke, President and CEO of Atlas Healthcare Partners explores ASCs' role in everything from lowering out-of-pocket expenses and reducing the surgical burden on hospitals to expanding care access and creating jobs.

 

In this episode

ABOUT ARIC BURKE

Aric brings over eighteen years of experience in ASC consulting, development, and operations. He oversees the strategic vision, operational management, and organizational structure of Atlas, driving its profitability and strategic direction. Before founding Atlas, Aric was the West Market President for United Surgical Partners International (USPI), the leading ASC management company in the industry. In this role, he managed the development and operations across USPI’s Western markets.

During his five-year tenure, Aric expanded the West Market to include over 30 ASCs and three surgical hospitals, which collectively handled more than 150,000 cases annually and generated over $450M in net revenue and $90M in EBITDA, employing over 2,500 staff. He also collaborated with major not-for-profit health systems, such as Dignity Health in Phoenix and Las Vegas, Centura Health in Denver, and Carondelet Health in Tucson, to develop their ASC networks.

ABOUT ATLAS HEALTHCARE PARTNERS

Founded in 2018 to address the rising need for ASC strategy and development in the nonprofit sector, Atlas has rapidly become one of the fastest-growing ASC management companies in the U.S. They were recognized on the Inc. 5000 list of Fastest Growing Private Companies in 2022 and 2023. Since partnering with Banner Health in 2019 to develop and manage its ASC operations, we have expanded to 32 ASCs, employing over 1,100 team members and handling 250,000 cases annually. Leading health systems have invested in Atlas, offering a chance to diversify revenue models beyond traditional regional care.

With an estimated $90 billion expected to shift from inpatient and HOPD to the ASC market by the end of 2024, they provide the infrastructure and expertise necessary to develop, manage, and scale ASC networks to capitalize on this significant industry shift.

John Marchica

John Marchica is a veteran health care strategist and CEO of Darwin Research Group. He is leading ongoing, in-depth research initiatives on integrated health systems, accountable care organizations, and value-based care models. He is a faculty associate in the W.P. Carey School of Business and the graduate College of Health Solutions at Arizona State University.

John did his undergraduate work in economics at Knox College, has an MBA and M.A. in public policy from the University of Chicago, and completed his Ph.D. coursework at The Dartmouth Institute. He is an active member of the American College of Healthcare Executives and is pursuing certification as a Fellow.

About Darwin Research Group

Darwin Research Group Inc. provides advanced market intelligence and in-depth customer insights to health care executives, with a strategic focus on health care delivery systems and the global shift toward value-based care. Darwin’s client list includes forward-thinking biopharmaceutical and medical device companies, as well as health care providers, private equity, and venture capital firms. The company was founded in 2010 as Darwin Advisory Partners, LLC and is headquartered in Scottsdale, Ariz. with a satellite office in Princeton, N.J.

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