Physicians have lots of choices when it comes to developing their own ambulatory surgery centers. So why should you consider Blue Chip as your partner? Consider the following:
Find out more about Blue Chip’s unique value proposition
for Spine ASCs and Multi-Specialty ASCs.
Trust is at the heart of health care. People rely on us to give the best possible advice, safeguard sensitive information and fulfill critical clinical and financial promises.
And trust is the basis of all Blue Chip partnerships. In building successful surgery center businesses, we’ve earned the trust of some of the most respected surgeons and medical groups in the U.S. We believe businesses succeed and physician-owners make better business decisions when partners trust each other.
How do we build trust with our partners? By:
- Communicating constantly – openly sharing numbers,
information and plans. - Building objective, business plan based on pro forma financial models and detailed case costing, tailored to local market conditions and specific physician goals.
- Honoring all of our commitments – we do what we say we will do.
- Having “skin in the game” – we are not distant consultants or silent partners, but rather fully engaged, hands-on owner-operators involved at every step; every member of the Blue Chip staff is an owner
of our business. - Investing time, dollars and “sweat equity” in the select few projects we choose to pursue, and not charging up-front development fees.
- Taking care of legal, financial and operational matters in a professional manner – freeing our physician partners to focus on taking care of patients.
- Closely aligning our interests with our partners.
Building businesses based on trust and true, win-win partnerships – that’s what
makes us Blue Chip.
Why Blue Chip: Physician Leadership
Blue Chip Partners builds and runs businesses led by physicians, period. Our partnerships and joint ventures are largely owned by local physicians. Our projects may also include hospitals and/or health systems as partners.
Why is physician leadership important? Because we believe engaged and informed physicians make excellent business decisions and, therefore, are great partners. Further, physician leadership:
- Ensures that quality outcomes, clinical excellence and patient satisfaction remain the focus of the business.
- Local physicians know the community and understand the politics – empowered, well-supported, knowledgeable physicians make excellent business decisions, address partner issues quickly and align the interests of all participants in the business.
- Leads to strong relationships among partners, with peers pursuing common goals.
- Promotes counseling, collegiality, and the sharing of best practices and success stories.
Blue Chip provides access to other surgeon-leaders who have developed successful ASC’s and other experts in the field – valuable resources to any new surgical center project.
Physician leadership, engaged partners and the full support of a team of experienced surgery center professionals – these factors provide a strong foundation for successful ASC ventures.
Why Blue Chip: Speed to Market
The market and demographic trends are clear – more types and higher volumes of surgical procedures will move to outpatient settings in the near future. For physicians, the benefits of owning and practicing in an ASC are significant – more control over the schedule and work environment, more time to focus on patients and research new treatments, ancillary income, the opportunity to grow a business.
In developing ASCs largely owned and led by physicians, Blue Chip moves nimbly in responding to market opportunity. We specialize in launching businesses quickly, streamlining the development process based on our successful track record, knowledge of best practices and “blueprints” for key business functions.
All of our projects are managed in line with clear business models and detailed project plans and timelines, which we share with our partners. We can sometimes open the doors of the surgery center in just a few months after launching the business. And we frequently deliver profitability within a year.
On-time, on-budget, and delivering expected ROI – that's why our surgery center businesses are Blue Chip.
The Blue Chip team has decades of experience in surgery center development and covers every angle – from initial business planning and physician syndication, to reimbursement and contracting, to operations management and administration. Plus, our team includes well known surgeons who’ve developed profitable ASCs, and other experts in the field, who serve on our Board or as active consultants.
Our track record includes successful ASCs in Maryland, Missouri, Oregon, Pennsylvania and Ohio, with projects currently in development in Ohio, Florida and Nebraska.
What does Blue Chip’s experience mean to our partners?
- The opportunity to benefit from the skills, knowledge and successes of the full network of Blue Chip partnerships, including many highly respected physician groups.
- Typical annual ROI of 50%-100%, with profitability frequently delivered within the first year of operations.
- The ability and comprehensive expertise to handle the full range of ongoing operational, clinical and financial management tasks.
- When unexpected roadblocks or speed bumps appear, Blue Chip’s nimble, experienced team will sort and manage the issues and keep the project moving forward.
Blue Chip focuses on the business – using the experience and knowledge of our people and partners – so physicians can focus on the patients.
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