Surgical Direct can help your bottom line.
Over the last few years, Medicare reimbursements for cataract surgery have been on the slow but steady incline (between 1-5% depending on the type of facility). This is great news if you are facilitating or interested in facilitating cataracts in your OR, and should be an incentive to pursue cataracts. But this doesn’t help you save capital dollars on cataracts.
Even though the reimbursements have risen, the cost of surgery is increasing, and investing in new technology can put a big dent in your capital funds. However, not investing can stifle the inflow of patients that surgeons want to bring to your facility because they don’t want to be stuck using old technology. Surgical facility administrators are then forced to make a decision…(a) invest a large amount of capital or (b) run the risk of losing the business. This all depends on the annual case volume of cataracts in your facility. However, it’s fairly safe to say that if your facility is a surgery center or hospital, investing in new cataract technology may not actually help your bottom line.
So the question poses itself here.
If you are not an Eye Center, can you stay current with technology and equipment while keeping cataracts profitable in your facility?
Yes, you can!
Save Capital Dollars on Cataracts with Surgical Direct’s Mobile Cataract Services.
Surgical Direct provides a unique cataract equipment outsourcing model that eliminates the need for capital expenditure on cataract equipment, making your cataract cases profitable from day one. Our pricing model is priced by the case and is only a percentage of your Medicare reimbursement. Not to mention, NO long-term contracts. What does this mean? This means you get the latest technology for cataracts (and a happy surgeon), without spending a dime of capital, and your facility makes money every case.
To get an idea of a real-life example of savings that we can deliver, you should read this article “There’s that Cataract Van Again” from September’s issue of Outpatient Surgery Magazine, written directly about our services by one of our long-time customers.
In the article, you will see a cost breakdown of this particular surgery center’s annual savings in a Buy vs Outsource comparison.
Our goal is to be a source of information and a resource to you. We know that outsourcing equipment does not make sense for everyone. That’s why we have put together a quick checklist for you to see if outsourcing can save capital dollars on cataracts in your facility. If you answer yes to any of the 5 below, we believe you are a candidate.
- You are a facility that is looking to upgrade your existing cataract equipment.
- You are a hospital or surgery center that facilitates cataract cases and/or you have multiple surgeons requiring different technology and case supplies.
- You are currently not facilitating cataracts in your facility but have the desire to start and lack the capital to get it going.
- You simply don’t have the time and manpower to keep up with the intense inventory management required for eyes.
- You have the capital, but you are not sure you want to invest in eyes because you are unsure of the doctor’s long-term commitment to the platform that is being requested.
All of the scenarios above are situations we’ve seen first hand in facilities that were at a crossroads about purchasing new equipment, simply because they could not justify the capital expenditure. That is the beauty of outsourcing. You get the latest technology in your facility, spending $0 capital. But the real beauty of our service model doesn’t stop there. Our services include a whole slew of other benefits like inventory management of all cataract case supplies, lens consignment management, hands-on technicians in your OR on every surgery day, and more.