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Hi, everyone, and welcome to the Becker's Healthcare

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podcast series. I'm Lucas Voss.

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Very excited to be joined by doctor Marvin

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k Smith and doctor Daniel b Chan. Lots

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of prolific expertise here for our conversation around

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sports medicine and the ASC environment

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as a whole. Doctor Smith, doctor Chan, thanks

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so much for being here.

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Thank you. Thank you for having us.

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Thank you for having us.

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Absolutely.

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I'm excited to dive in. We have so

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much to talk about here. There's so so

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many different aspects to to consider. And and,

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doctor Smith, I just wanted to start off

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with you. If you could just introduce yourself

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to the audience a little bit and how

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you came to specialize in sports medicine, and

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then even more specifically, what brought you into

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the ASC environment,

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today?

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Yes. So, my name is Marvin k Smith.

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I'm a orthopedic surgeon, board certified, and fellowship

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trained in sports medicine. I'm from South Florida

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originally. My background is sports

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participation. I was fortunate to play division 1

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college football at Central Michigan University,

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and I've always had a love and a

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passion for helping athletes, working with athletes.

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And, it's been my passion to try to

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restore others back to their passion.

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And with that, that really lends to working

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with ASCs.

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Sports medicine cases were amongst

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the first cases to be done at ASCs

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and continue to be a good fit for

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that model. And I'm really happy to be,

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a part of a very successful ASC

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to this day.

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I did save, doctor Smith's number just in

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case I have questions about injuries for my

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fantasy football team. So if you're interested in

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that, just,

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hang along and then we'll share that at

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the end. Just kidding.

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Doctor doctor Chan, same for you. What what's,

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what's your background and and how how how

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was your approach, in in AAC in general,

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and how did you come to specialize in

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the area?

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Sure. I'm an orthopedic trauma surgeon by training.

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I've been in practice about 15 years now.

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Over time, my practice has migrated more and

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more to doing total joint replacements,

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specifically hip and knee replacements and the revisions.

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And about 5 years ago,

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it just seemed like a natural move

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to move these cases to the ASC.

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Here in South Florida,

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there was not much of an ASC presence

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at that time. And so it was a

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nice opportunity for us to move these cases

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that we were already doing as outpatients in

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the hospital

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into the ASC setting really to provide,

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a benefit for the patients and, a more

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cost effective,

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environment in general.

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And we've really leveraged that to our advantage.

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We're now our ASC at Cypress Creek is

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the leading orthopedic ASC in South Florida and

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definitely the leading ASC for outpatient hip and

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knee replacement.

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That's awesome. And we'll touch on and we'll

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touch on that in a little bit more

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in a little bit more detail in talking

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about some of those aspects for you and

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for your for your business specifically.

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Doctor Smith, I I wanna come back to

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to you, a little bit here,

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specifically to,

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to to ASCs and and the transformation that's

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that's been under that's the field really has

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been undergoing for for quite some time now.

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How has the environment changed since you first

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started practicing,

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in terms of the site of care and

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just in general? What are some of the

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these transformations that you've observed?

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Well, I've definitely seen,

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an evolution

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of the types of cases that we're doing

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at ASCs even within the sports medicine subspecialty.

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Initially, it was solely arthroscopic

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surgeries and and very small open surgeries, whereas

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now,

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the envelope has definitely been pushed where we're

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doing

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even more open,

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have the ability to do more open sports

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medicine procedures,

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larger

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ligament and soft tissue reconstructions

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in the ASC settings. And it also lends

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to what doctor Chan was alluding to, you

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know, obviously on the total joint side, really

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expanding what we're doing and taking that model

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and that mindset that, well, if we're discharging

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patients from the hospital same day for these

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surgeries,

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then do we really need to do them

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in the hospital setting,

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per se?

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And, that's one of the biggest shifts that

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I've seen is, you know, when people think

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of sports medicine, they tend to think about

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minimally invasive arthroscopic, which is definitely a a

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large share, maybe even lion's share of those

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cases. However, there's a very significant

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part of sports medicine surgery that does involve,

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larger cases.

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Yeah. Doctor Chan, same for you here. What

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what sort of been your perspective on how

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this this field has transformed over the last

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last decade or so and even since you

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you began your career?

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I think initially when we started doing total

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joints in the ASC, it was just a

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proof of concept. This show that it could

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be done safely,

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to show insurance companies that we could have

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good results, and that this should be something

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that they would,

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reimburse for. Mhmm. But now I think as

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things get more mature, it's about efficiencies and

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how can we really

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leverage the ASC as an efficient side of

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care to really do more cases,

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while maintaining patient

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safety and really,

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expanding the scope of the procedures we're doing.

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So we're we're even doing some basic revision

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hip and knee replacements in the ASC.

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So it's just an expansion of both the

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type of cases and the efficiency and quantity

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of cases that we're doing, which has dramatically

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changed even in the past 4 to 5

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years.

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Yeah. So we're really moving you mentioned proof

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of concept. So we've

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we know it works.

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So now it's now we're getting to optimizing

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this whole this whole area. Is that correct?

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And and being able to to kinda see

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what what's next. How can how can we

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take this to the next level? Is that

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sort of where we're where we're at right

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now, doctor Chen?

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Absolutely. I think,

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there's gonna be a certain limit, obviously, and

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I know some people really focus on the

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number of cases.

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I think I really focus on just being

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efficient, and, ultimately, patient outcome should be the

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driving factor.

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I think as we see more and more

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changes

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in terms of how health care is reimbursed

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and pressures from CMS and private insurance,

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companies,

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there's gonna be more,

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interest in alternative, payment structures, either value based

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care

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or for us some medical tourism since we

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are in South Florida. Mhmm. I definitely attract,

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you know, patients from the Caribbean, South America,

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out of the country.

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And so leveraging that with the ASC benefits

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really makes, an an attractive package for patients

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looking to seek premier care in a an

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efficient kind of cost effective setting.

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Yeah. Absolutely. Doctor Smith, I wanna come back

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to you here as well. And and I

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was wondering if you could touch could touch

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a little bit on on the technology

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side of things as well in terms of

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how it's changed. How are you seeing it

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evolve still consistently, and and what are sort

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of the things that you're you're using you're

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seeing really make a difference from a from

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a technology perspective?

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That's one of the things that I really

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love about medicine in general and, you know,

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specifically orthopedic surgery, that technological advances are just

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continuing to

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occur year over year. A lot of changes

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even since the time that I trained in

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fellowship,

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just seeing the capabilities

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of different devices.

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I like to use the

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Dynacord suture and many of my cases that

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require good tight suture fixation because that actually

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is a suture that gets tighter with time

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as opposed to looser over time. That contractile,

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central cord really can make a difference as

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opposed to,

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noncontractile sutures as far as your healing rates

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and compression for your your

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tensioning.

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So those are some of the things that

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that we're using, that we're seeing. I like

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a lot of the more ergonomic

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meniscal repair devices that,

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really help you get various angles when you're

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dealing with a lot of complex meniscus repairs.

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I'm very aggressive,

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when it comes to repairing menisci,

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as I do serve a very active and

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tends to be a younger population.

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Many of my patients are professional and

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division

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1, elite level college athletes. So if we're

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able to preserve the meniscus as opposed to

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resect the meniscus,

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it can make all the difference in the

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world. And, I've found that some of the

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newer technologies,

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like TruSpan, for example, have really allowed me

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to do things that might not have otherwise

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been possible.

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Yeah. Doctor Ken, interested in your perspective here

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as well in terms of just the changing

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of technology in general and and how you've

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how you've seen this really influence,

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the environment,

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within the ASC and and practice in itself?

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Absolutely.

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We partnered with DE PUA from the very

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inception of our time in the ASC,

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just basically bringing over the same technologies we

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were using in the hospital. And

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like it or not, orthopedic surgery is the

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most patient consumerism driven specialty in all of

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medicine. So people or patients, I should say,

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will search online for specific techniques, technologies, and

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they come to the office asking for them.

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And so initially, it was, you know, do

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you do anterior hips? Do you use a

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special table? Then it was, do you use

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robotics? Do you use advanced navigation?

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And so patients come in,

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expecting that their surgeon,

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utilizes these latest technologies. And

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fortunately, where we have been, we've been able

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to leverage all those technologies from DPU. We

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started with the Velas hip navigation system, which

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really allowed accurate reproducing of leg length and

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offset during hip replacement procedures.

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We utilized the, Kinsize automated impactor to make

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for,

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a more precise broaching.

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We've added the Velas robotic knee system

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recently,

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for both total and soon partial knee replacements.

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And so all of these all of these

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things really give the patients the latest technology

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when they come in for the joint replacement

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procedure, which is really what they're expecting,

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in this day and age.

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And I would assume also with with all

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of these innovations and all of these new

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00:10:10,065 --> 00:10:13,019
tools, there's a huge driver in efficiency as

274
00:10:13,019 --> 00:10:15,100
well. Doctor Smith, I was gonna ask too.

275
00:10:15,100 --> 00:10:17,980
I feel like especially with high level athletes,

276
00:10:17,980 --> 00:10:19,740
right, that need to be, you know, in

277
00:10:19,740 --> 00:10:21,259
some cases, either need to be on the

278
00:10:21,259 --> 00:10:23,100
field right away or they need, hey. I

279
00:10:23,100 --> 00:10:24,965
have a week to get this done. I

280
00:10:24,965 --> 00:10:27,205
feel like that that if the efficiency piece

281
00:10:27,205 --> 00:10:29,365
is huge, is that where technology really makes

282
00:10:29,365 --> 00:10:31,365
a difference too in terms of providing that

283
00:10:31,365 --> 00:10:31,865
efficient,

284
00:10:32,565 --> 00:10:34,404
efficient care, being able to say I can

285
00:10:34,404 --> 00:10:36,485
I can do this now versus having to

286
00:10:36,485 --> 00:10:36,985
wait?

287
00:10:37,990 --> 00:10:39,829
Certainly. Having the ability to have a higher

288
00:10:39,829 --> 00:10:40,329
level

289
00:10:40,789 --> 00:10:41,289
of,

290
00:10:42,149 --> 00:10:42,649
specificity

291
00:10:43,190 --> 00:10:43,690
of

292
00:10:44,149 --> 00:10:45,769
accuracy with your cases

293
00:10:46,070 --> 00:10:48,070
can allow you to be more efficient. And,

294
00:10:48,070 --> 00:10:50,329
you know, we're very fortunate in our ASC

295
00:10:50,629 --> 00:10:52,889
at Cypress Creek. We have a tremendous team

296
00:10:53,565 --> 00:10:55,325
who they're very familiar with the cases that

297
00:10:55,325 --> 00:10:57,565
we do as it relates to orthopedics. So

298
00:10:57,565 --> 00:10:59,904
we're able to move efficiently and safely,

299
00:11:00,445 --> 00:11:03,404
and that obviously opens up more access for

300
00:11:03,404 --> 00:11:05,325
our patients. And that gives us the ability

301
00:11:05,325 --> 00:11:06,785
to maybe add on that patient,

302
00:11:07,245 --> 00:11:08,629
that was just seen in the office a

303
00:11:08,629 --> 00:11:10,629
few days ago. But by virtue of their

304
00:11:10,629 --> 00:11:12,629
career, it really makes all the difference if

305
00:11:12,629 --> 00:11:13,830
we can get them in a few days

306
00:11:13,830 --> 00:11:16,389
sooner. Yeah. So the technology is definitely a

307
00:11:16,389 --> 00:11:18,950
contributing factor that helps us be successful in

308
00:11:18,950 --> 00:11:21,750
that room. Yeah. Absolutely. And I know you've

309
00:11:21,750 --> 00:11:23,634
both mentioned this a little bit. I love

310
00:11:23,634 --> 00:11:25,634
this question because I think it's so it's

311
00:11:25,634 --> 00:11:28,115
so interesting because of the innovation and because

312
00:11:28,115 --> 00:11:30,355
of everything that's that's been going on, and

313
00:11:30,355 --> 00:11:32,835
and certainly you both have mentioned how how

314
00:11:32,835 --> 00:11:35,475
everything has changed. And and, doctor Chan, I

315
00:11:35,475 --> 00:11:36,934
wanna start with you here.

316
00:11:37,580 --> 00:11:40,559
What is sort of the one tool, instrument,

317
00:11:40,620 --> 00:11:42,460
or technique that you wish you would have

318
00:11:42,460 --> 00:11:45,040
had when you first started your career?

319
00:11:45,980 --> 00:11:47,580
I would say without a doubt, it would

320
00:11:47,580 --> 00:11:49,920
be the, Kinsight's automated impactor.

321
00:11:50,495 --> 00:11:52,575
Now as somebody that does, you know, several

322
00:11:52,575 --> 00:11:54,995
100 total hip replacements a year,

323
00:11:55,534 --> 00:11:56,674
not having to,

324
00:11:57,214 --> 00:11:59,634
swing a mallet or a hammer at all

325
00:11:59,934 --> 00:12:01,855
during that case. And on days when we

326
00:12:01,855 --> 00:12:03,615
do up to 10 pivotal joints a day,

327
00:12:03,615 --> 00:12:04,320
that's a huge,

328
00:12:05,840 --> 00:12:06,340
preservation,

329
00:12:06,879 --> 00:12:08,980
and mitigation of any occupational,

330
00:12:09,680 --> 00:12:10,180
hazard

331
00:12:10,559 --> 00:12:12,879
for the surgeon as well as providing the

332
00:12:12,879 --> 00:12:14,259
precise bone preparation

333
00:12:14,639 --> 00:12:16,800
and accuracy for the patient. So if I

334
00:12:16,800 --> 00:12:18,485
had that in the very beginning, I'd probably

335
00:12:18,485 --> 00:12:21,625
have a lot less tennis elbow and, CMC

336
00:12:21,684 --> 00:12:22,184
arthritis.

337
00:12:23,524 --> 00:12:25,445
Doctor Smith, same for new same for you

338
00:12:25,445 --> 00:12:27,144
here. What what's the number 1?

339
00:12:28,004 --> 00:12:29,924
I I have I have several, but if

340
00:12:29,924 --> 00:12:31,144
I have to pick 1,

341
00:12:31,710 --> 00:12:32,610
I would say

342
00:12:33,309 --> 00:12:36,910
the Milagro screws, the bio absorbable interference screws,

343
00:12:36,910 --> 00:12:39,230
I use them for my ACL reconstructions when

344
00:12:39,230 --> 00:12:42,529
I am doing bone patellatin and bone grafting

345
00:12:42,590 --> 00:12:43,090
technique.

346
00:12:43,790 --> 00:12:44,929
I also use them

347
00:12:45,309 --> 00:12:47,144
for MPFL reconstructions

348
00:12:47,524 --> 00:12:48,745
and I really prefer

349
00:12:49,445 --> 00:12:51,225
to avoid leaving metal behind

350
00:12:52,004 --> 00:12:53,785
in the patient if I can,

351
00:12:54,165 --> 00:12:57,045
particularly we're working with soft tissue reconstruction. So,

352
00:12:57,045 --> 00:12:58,184
there is an alternative

353
00:12:58,500 --> 00:13:01,220
to metal fixation. Many patients prefer that. Many

354
00:13:01,220 --> 00:13:02,840
patients have strong convictions

355
00:13:03,460 --> 00:13:06,840
about metal. And, I'm really happy that's become

356
00:13:06,899 --> 00:13:08,360
more commonplace, whereas,

357
00:13:09,139 --> 00:13:11,220
maybe years ago and just starting off, it

358
00:13:11,220 --> 00:13:13,825
wasn't as common. And we've been very fortunate

359
00:13:13,825 --> 00:13:16,804
to work with our ASC and working with

360
00:13:17,184 --> 00:13:19,204
Depew on getting very,

361
00:13:19,745 --> 00:13:22,784
ASC friendly rates for those products, even coming

362
00:13:22,784 --> 00:13:25,125
in comparable to competitors' Meta Splus.

363
00:13:26,129 --> 00:13:27,649
Feel like we should just do an episode

364
00:13:27,649 --> 00:13:28,549
on these tools.

365
00:13:29,009 --> 00:13:30,069
I think that would be

366
00:13:31,089 --> 00:13:32,850
I'll I'll bring you both back and we'll

367
00:13:32,850 --> 00:13:34,769
talk about the we'll talk about the most

368
00:13:34,769 --> 00:13:36,529
important tools and the the number 1, and

369
00:13:36,529 --> 00:13:38,129
then we can we can do a complete

370
00:13:38,129 --> 00:13:40,565
ranking. We'll do 1 through 10 of what

371
00:13:40,565 --> 00:13:42,004
you would have liked to have and and

372
00:13:42,004 --> 00:13:43,684
then the best ones. I I think that's

373
00:13:43,684 --> 00:13:44,264
a good

374
00:13:44,644 --> 00:13:46,105
that's a good approach there.

375
00:13:47,044 --> 00:13:48,345
Doctor doctor Smith,

376
00:13:48,965 --> 00:13:52,184
with your expertise in in sports medicine specifically,

377
00:13:52,980 --> 00:13:55,000
these were some of the cases that were

378
00:13:55,299 --> 00:13:56,279
some of the earliest

379
00:13:56,899 --> 00:13:58,519
move to ASC settings,

380
00:13:59,220 --> 00:14:00,899
that that were moved to in out in

381
00:14:00,899 --> 00:14:03,240
terms of outpatient surgeries, etcetera.

382
00:14:04,595 --> 00:14:07,315
Obviously, there's others. You talked about total knees,

383
00:14:07,315 --> 00:14:09,315
hips, shoulders, etcetera. We we have all of

384
00:14:09,315 --> 00:14:11,394
those as well. With with the reimbursement of

385
00:14:11,394 --> 00:14:12,375
these higher acuity,

386
00:14:12,835 --> 00:14:14,695
procedures that I just mentioned,

387
00:14:15,554 --> 00:14:18,419
how does your facility look at procedure mix,

388
00:14:19,299 --> 00:14:20,600
OR time allotment,

389
00:14:21,379 --> 00:14:23,720
and and certainly also the recruiting of surgeons

390
00:14:23,779 --> 00:14:24,600
with different,

391
00:14:24,980 --> 00:14:25,480
specialties?

392
00:14:25,860 --> 00:14:27,240
What role does that play,

393
00:14:27,620 --> 00:14:29,779
and and what what what kind of impact

394
00:14:29,779 --> 00:14:30,600
does it have?

395
00:14:31,394 --> 00:14:34,514
It definitely behooves the leadership in NAFC to

396
00:14:34,514 --> 00:14:36,674
be very intentional at looking at the case

397
00:14:36,674 --> 00:14:37,174
mixes,

398
00:14:37,554 --> 00:14:40,054
looking at not only reimbursements, but also

399
00:14:40,514 --> 00:14:42,834
operative efficiencies, looking at how teams can move

400
00:14:42,834 --> 00:14:44,629
in and out of cases, scheduling

401
00:14:45,090 --> 00:14:47,090
surgical days in a way that, you know,

402
00:14:47,090 --> 00:14:48,769
even if you do have a surgeon that

403
00:14:48,769 --> 00:14:50,850
may do open surgeries, may do a lot

404
00:14:50,850 --> 00:14:51,509
of arthroscopy

405
00:14:51,889 --> 00:14:53,110
arthroscopic surgeries,

406
00:14:53,649 --> 00:14:56,290
scheduling those days where you try to have

407
00:14:56,290 --> 00:14:58,450
more of the arthroscopic surgeries on the same

408
00:14:58,450 --> 00:15:01,065
day. So you're not having to do as

409
00:15:01,065 --> 00:15:03,945
much work for the room turnovers and scheduling

410
00:15:03,945 --> 00:15:05,945
those open cases and kind of clustering them

411
00:15:05,945 --> 00:15:06,445
together,

412
00:15:06,904 --> 00:15:09,865
clustering the total joints together on a day

413
00:15:09,865 --> 00:15:11,304
where you can get things done. But also

414
00:15:11,304 --> 00:15:13,465
keeping in mind the sterile processing aspect of

415
00:15:13,465 --> 00:15:16,320
it, and making sure that those trays can

416
00:15:16,320 --> 00:15:18,559
get processed and flipped around so that you

417
00:15:18,559 --> 00:15:20,240
can continue to move forward with those cases.

418
00:15:20,240 --> 00:15:22,639
There are so many moving parts. And even

419
00:15:22,639 --> 00:15:24,879
though sports medicine did lead the charge as

420
00:15:24,879 --> 00:15:27,299
it relates to orthopedic cases in the AFC,

421
00:15:27,695 --> 00:15:29,855
We now have such a wide variety of

422
00:15:29,855 --> 00:15:32,414
orthopedics that there's really not much that can't

423
00:15:32,414 --> 00:15:34,014
be done. There's so many cases that we

424
00:15:34,014 --> 00:15:36,495
are able to do. So with that, it

425
00:15:36,495 --> 00:15:39,134
does behoove us to really be intentional about

426
00:15:39,134 --> 00:15:41,970
how we plan that. And it also really

427
00:15:41,970 --> 00:15:44,769
opens up the door to recruiting surgeons of

428
00:15:44,769 --> 00:15:47,269
various specialties outside of sports medicine

429
00:15:47,809 --> 00:15:49,970
to service the ASCs and the patients that

430
00:15:49,970 --> 00:15:50,870
seek care there.

431
00:15:51,330 --> 00:15:52,769
Yeah. I would assume that that's a huge

432
00:15:52,769 --> 00:15:55,169
huge business case as well. Doctor Chan, feel

433
00:15:55,169 --> 00:15:56,835
free to feel free to chime in here

434
00:15:56,835 --> 00:15:59,235
as well in terms of the impact that

435
00:15:59,235 --> 00:16:01,394
has on the business itself when you're able

436
00:16:01,394 --> 00:16:03,154
to offer all of these types of these

437
00:16:03,154 --> 00:16:04,915
types of surgeries and and certainly in the

438
00:16:04,915 --> 00:16:07,154
in the recruiting aspect, interested in your your

439
00:16:07,154 --> 00:16:08,519
perspective here as well.

440
00:16:09,320 --> 00:16:11,720
Well, certainly, in the ASC market, there are

441
00:16:11,720 --> 00:16:13,019
different types of ASCs.

442
00:16:13,480 --> 00:16:15,019
I would say ours is a multispecialty

443
00:16:15,480 --> 00:16:17,639
ASC, so there are some ASCs that just

444
00:16:17,639 --> 00:16:19,879
do total joints or just do sports medicine.

445
00:16:19,879 --> 00:16:20,620
And so,

446
00:16:21,080 --> 00:16:23,785
when it comes to an ASC that has

447
00:16:23,785 --> 00:16:26,585
more breadth of types of specialties that are

448
00:16:26,585 --> 00:16:27,085
offered,

449
00:16:27,705 --> 00:16:29,625
there are a lot of different factors that

450
00:16:29,625 --> 00:16:30,605
you have to consider.

451
00:16:31,305 --> 00:16:32,925
At the end of the day, the ASC

452
00:16:33,144 --> 00:16:36,045
is a for profit entity, and so everything,

453
00:16:36,649 --> 00:16:38,210
you know, has to start with is this

454
00:16:38,410 --> 00:16:41,470
is gonna be financially viable for the ASC?

455
00:16:42,169 --> 00:16:44,110
But that goes beyond just,

456
00:16:44,570 --> 00:16:46,730
what the insurance company or the payer will

457
00:16:46,730 --> 00:16:48,649
will reimburse for the case. It depends on

458
00:16:48,649 --> 00:16:51,574
the disposable. It depends on, you know, how

459
00:16:51,574 --> 00:16:53,414
fast the surgeon is. You could have you

460
00:16:53,414 --> 00:16:55,495
know, if a surgeon takes, you know, too

461
00:16:55,495 --> 00:16:56,855
long to do a case, the case no

462
00:16:56,855 --> 00:16:59,574
longer become profitable. And so those are the

463
00:16:59,574 --> 00:17:00,794
issues that matter,

464
00:17:01,174 --> 00:17:02,394
more and more as

465
00:17:03,209 --> 00:17:04,909
OR space becomes more limited.

466
00:17:05,450 --> 00:17:07,929
And so we use very advanced metrics even

467
00:17:07,929 --> 00:17:09,690
looking at, you know, what's our revenue or

468
00:17:09,690 --> 00:17:12,009
profit per minute in the OR per procedure

469
00:17:12,009 --> 00:17:13,690
per surgeon. And so when you get down

470
00:17:13,690 --> 00:17:15,470
to that granularity, you can really

471
00:17:15,974 --> 00:17:19,194
figure out how best to allocate limited resources.

472
00:17:19,815 --> 00:17:21,734
And then looking ahead, we're always looking at

473
00:17:21,734 --> 00:17:23,194
specialties that potentially

474
00:17:23,734 --> 00:17:26,234
are a a new horizon in the ASC

475
00:17:26,454 --> 00:17:27,595
field. And so,

476
00:17:27,974 --> 00:17:30,794
obviously, orthopedics has always been, at the forefront,

477
00:17:30,855 --> 00:17:33,119
but now we're looking at things like cardiovascular

478
00:17:33,420 --> 00:17:34,559
procedures, like,

479
00:17:35,259 --> 00:17:36,480
you know, basic angiography

480
00:17:37,019 --> 00:17:38,880
or, you know, peripheral interventions

481
00:17:39,180 --> 00:17:40,640
or even pacemaker

482
00:17:40,940 --> 00:17:43,820
implantation. So those things are kind of more

483
00:17:43,820 --> 00:17:44,640
cutting edge.

484
00:17:45,259 --> 00:17:47,595
But if an ASC is to remain viable,

485
00:17:47,595 --> 00:17:48,475
we need to be,

486
00:17:48,875 --> 00:17:51,134
you know, looking at a multipronged approach.

487
00:17:51,755 --> 00:17:53,115
Yeah. And a and a big piece of

488
00:17:53,115 --> 00:17:54,715
this too is, I I would imagine, is

489
00:17:54,715 --> 00:17:56,255
is partnerships and collaborations

490
00:17:56,555 --> 00:17:59,455
and and seeing where where that financial financial

491
00:18:00,500 --> 00:18:02,579
piece really lies in terms of partnering with

492
00:18:02,579 --> 00:18:04,119
folks and seeing where they're at.

493
00:18:04,819 --> 00:18:07,079
How do you choose? What are the collaborations

494
00:18:07,380 --> 00:18:09,079
in terms of business planning,

495
00:18:09,779 --> 00:18:11,299
that you look at? Okay. How do I

496
00:18:11,299 --> 00:18:14,154
choose my partners? What do I look for?

497
00:18:14,315 --> 00:18:15,934
How do you choose the right

498
00:18:16,315 --> 00:18:18,474
partner to support some of the things that

499
00:18:18,474 --> 00:18:19,455
you've just mentioned?

500
00:18:20,634 --> 00:18:22,815
I I think one of the key aspects

501
00:18:22,875 --> 00:18:24,654
of our initial success,

502
00:18:25,115 --> 00:18:27,029
from day 1, and we were profitable from

503
00:18:27,029 --> 00:18:29,289
day 1, which is very uncommon for ASCs.

504
00:18:29,350 --> 00:18:30,789
But I think in large part, it was

505
00:18:30,789 --> 00:18:31,529
due to our

506
00:18:31,830 --> 00:18:34,170
collaboration with J&J Medtech and Depew.

507
00:18:34,789 --> 00:18:37,269
And, really, it was a continuation of relationship

508
00:18:37,269 --> 00:18:39,690
that started in the hospital, but we designed,

509
00:18:40,230 --> 00:18:40,890
the ASC

510
00:18:41,430 --> 00:18:43,075
orthopedic endeavor with

511
00:18:43,454 --> 00:18:43,954
that

512
00:18:44,335 --> 00:18:46,365
partnership in mind. And so, when you go

513
00:18:46,365 --> 00:18:47,085
all in with one company, it just allows

514
00:18:47,085 --> 00:18:48,335
for a lot more efficiency, a lot more

515
00:18:48,335 --> 00:18:49,474
benefits in terms of,

516
00:18:49,934 --> 00:18:50,835
multiple platforms.

517
00:18:55,529 --> 00:18:57,849
So we have general surgeons that do hernia

518
00:18:57,849 --> 00:19:00,090
repairs that will use Ethicon. Obviously, we use

519
00:19:00,090 --> 00:19:02,650
Ethicon suture. Doctor Smith will use MyTech products

520
00:19:02,650 --> 00:19:05,130
for sports medicine. I'll do Depute Total Joints.

521
00:19:05,130 --> 00:19:07,070
When I fix fractures, I'll use Synthes.

522
00:19:07,690 --> 00:19:09,394
And so getting that multiline

523
00:19:09,695 --> 00:19:11,715
support, which ultimately will

524
00:19:12,095 --> 00:19:14,095
contribute to rebate dollars that goes back to

525
00:19:14,095 --> 00:19:15,955
the ASC has been very beneficial.

526
00:19:16,575 --> 00:19:18,994
It's allowed for us to acquire technologies

527
00:19:19,455 --> 00:19:21,650
like the, Velas robotic system,

528
00:19:22,430 --> 00:19:25,549
and it also allows for just economies of

529
00:19:25,549 --> 00:19:27,470
scale, and we have a dedicated team. And

530
00:19:27,470 --> 00:19:29,789
so all those things will really make it

531
00:19:29,789 --> 00:19:31,869
a win for all the stakeholders and especially

532
00:19:31,869 --> 00:19:32,529
the patient.

533
00:19:33,525 --> 00:19:35,365
Yeah. I was gonna say keeping that that

534
00:19:35,365 --> 00:19:37,285
in mind as well, who is who is

535
00:19:37,285 --> 00:19:40,005
really focused on on patient care, patient outcomes,

536
00:19:40,005 --> 00:19:41,365
and being able to support some of the

537
00:19:41,365 --> 00:19:43,605
goals that you you as an organization have

538
00:19:43,605 --> 00:19:45,684
as well and having some alignment there. I

539
00:19:45,684 --> 00:19:47,460
think that's a that's a really great point.

540
00:19:47,940 --> 00:19:49,619
Doctor Smith, I wanna look ahead a little

541
00:19:49,619 --> 00:19:52,279
bit in terms of what developments and opportunities

542
00:19:52,579 --> 00:19:53,960
you're really looking forward

543
00:19:54,339 --> 00:19:57,059
to in sports medicine, in ASCs. I feel

544
00:19:57,059 --> 00:19:59,460
like this is such an evolving field. You

545
00:19:59,460 --> 00:20:01,700
mentioned new procedures, new tools. We talked a

546
00:20:01,700 --> 00:20:03,794
little bit about that. What are you most

547
00:20:03,794 --> 00:20:05,974
excited about in the next couple of years

548
00:20:06,194 --> 00:20:07,794
about some of the innovations that are that

549
00:20:07,794 --> 00:20:08,375
are coming?

550
00:20:09,154 --> 00:20:10,595
So there's so much that we can do

551
00:20:10,595 --> 00:20:13,794
in sports medicine now. I really enjoy cases

552
00:20:13,794 --> 00:20:15,015
like cartilage restoration

553
00:20:15,474 --> 00:20:17,500
and complex ligament reconstruction

554
00:20:18,359 --> 00:20:21,179
Mhmm. And even meniscal allograft transplants.

555
00:20:21,879 --> 00:20:23,399
When it comes to ASC, though, you do

556
00:20:23,399 --> 00:20:24,940
have to be mindful of

557
00:20:25,559 --> 00:20:26,619
allograft cost.

558
00:20:27,079 --> 00:20:28,759
So that's one of the things that I

559
00:20:28,759 --> 00:20:30,519
would love to see in the future if

560
00:20:30,519 --> 00:20:32,055
we can start getting some of the cost

561
00:20:33,015 --> 00:20:35,414
down or some of the allografts, some of

562
00:20:35,414 --> 00:20:36,555
the cartilage restoration,

563
00:20:37,735 --> 00:20:40,634
constructs, or also the sets that are required

564
00:20:40,695 --> 00:20:41,755
to perform surgeries.

565
00:20:42,215 --> 00:20:43,815
I would love to see us do even

566
00:20:43,815 --> 00:20:44,789
more. There are some of those

567
00:20:47,109 --> 00:20:48,950
but there's been there's definitely been some good

568
00:20:48,950 --> 00:20:50,710
work being done. There's some of those cartilage

569
00:20:50,710 --> 00:20:53,670
restoration procedures that originally you had to convert

570
00:20:53,670 --> 00:20:56,150
to open that now there's some technology where

571
00:20:56,150 --> 00:20:57,674
you can do them all arthroscopic,

572
00:20:58,295 --> 00:21:00,295
and looking forward to see what's on the

573
00:21:00,295 --> 00:21:02,535
horizon with that. Out of the what we

574
00:21:02,535 --> 00:21:03,275
are accomplishing

575
00:21:03,734 --> 00:21:05,414
at our ASC, as doctor Chan said, we've

576
00:21:05,414 --> 00:21:06,875
been profitable since inception.

577
00:21:07,815 --> 00:21:10,154
Year to date, we've done well over 1500,

578
00:21:11,680 --> 00:21:15,119
orthopedic sports medicine cases at Cypress, just this

579
00:21:15,119 --> 00:21:16,880
year so far, and that was actually up

580
00:21:16,880 --> 00:21:19,599
just until September, and we're looking forward to

581
00:21:19,599 --> 00:21:20,980
grow even beyond that.

582
00:21:22,160 --> 00:21:24,400
Doctor Chan, feel free to chime in here

583
00:21:24,400 --> 00:21:26,984
too. Very interested in your your future outlook,

584
00:21:26,984 --> 00:21:28,825
so to speak. What what are you most

585
00:21:28,825 --> 00:21:29,965
looking forward to?

586
00:21:30,744 --> 00:21:32,424
I'm looking forward to just doing more and

587
00:21:32,424 --> 00:21:34,984
more complex cases in the ASC. I've mentioned

588
00:21:34,984 --> 00:21:35,484
briefly,

589
00:21:36,105 --> 00:21:37,724
revision total joints,

590
00:21:38,424 --> 00:21:39,884
especially on the knee side

591
00:21:40,424 --> 00:21:43,210
where it's very amenable to that.

592
00:21:43,589 --> 00:21:46,329
Obviously, when we talk about revisions, the pricing

593
00:21:47,109 --> 00:21:48,409
is the biggest constraint,

594
00:21:48,950 --> 00:21:50,730
and then the reimbursement thereof.

595
00:21:51,349 --> 00:21:53,909
But I think, as again, from a proof

596
00:21:53,909 --> 00:21:56,424
of concept perspective, once we can show the

597
00:21:56,424 --> 00:21:58,184
the payers that we can do these,

598
00:21:58,585 --> 00:21:59,884
safely and effectively,

599
00:22:00,424 --> 00:22:02,204
we'll start to move in that direction.

600
00:22:02,904 --> 00:22:05,304
And then I think channeling back my previous

601
00:22:05,304 --> 00:22:07,244
life as an orthopedic trauma surgeon,

602
00:22:07,784 --> 00:22:09,964
I think being able to perform

603
00:22:10,339 --> 00:22:13,059
outpatient fracture surgery in a timely fashion will

604
00:22:13,059 --> 00:22:15,299
be a great benefit to both patients and,

605
00:22:15,460 --> 00:22:17,000
the health care system in general.

606
00:22:17,299 --> 00:22:19,160
It will help decompress the ERs

607
00:22:19,619 --> 00:22:22,019
at most, major hospital systems. So I think

608
00:22:22,019 --> 00:22:24,884
finding ways to align with hospital systems or

609
00:22:25,045 --> 00:22:26,825
orthopedic urgent cares to

610
00:22:27,365 --> 00:22:29,545
allow these fractures that can be,

611
00:22:30,085 --> 00:22:32,805
done efficiently in the ASC setting will provide

612
00:22:32,805 --> 00:22:33,945
benefit to everybody.

613
00:22:34,964 --> 00:22:36,805
Yeah. And if if trends and numbers or

614
00:22:36,805 --> 00:22:37,289
any

615
00:22:37,609 --> 00:22:39,690
any consideration here, I think this is only

616
00:22:39,690 --> 00:22:41,049
going to grow. This is a trend that

617
00:22:41,049 --> 00:22:43,289
hasn't really stopped, I say. I'd say within

618
00:22:43,289 --> 00:22:45,289
the last 5, 6 years. We hear stories

619
00:22:45,289 --> 00:22:47,450
coming out all the time and and mergers,

620
00:22:47,450 --> 00:22:50,170
acquisitions, etcetera. So I think that ASC trend

621
00:22:50,170 --> 00:22:51,688
and and being able to to do some

622
00:22:51,688 --> 00:22:53,315
of the things that you've described throughout our

623
00:22:53,315 --> 00:22:55,075
conversation here is is really key.

624
00:22:55,714 --> 00:22:57,474
Doctor Chen, coming back to you here real

625
00:22:57,474 --> 00:22:59,554
quickly. We we talked a little bit about

626
00:22:59,554 --> 00:23:02,294
recruitment and being able to sort of diversify,

627
00:23:02,434 --> 00:23:04,960
making sure you find folks that are that

628
00:23:04,960 --> 00:23:06,880
are cape first off, capable and also have

629
00:23:06,880 --> 00:23:07,779
different specialties,

630
00:23:08,320 --> 00:23:08,820
etcetera.

631
00:23:09,360 --> 00:23:11,759
I wanted to touch on your center status

632
00:23:11,759 --> 00:23:13,759
as sort of a center of excellence and

633
00:23:13,759 --> 00:23:14,640
the the,

634
00:23:15,279 --> 00:23:15,779
preceptorships

635
00:23:16,240 --> 00:23:18,480
that you're you're offering. And I was wondering

636
00:23:18,480 --> 00:23:20,180
if you could touch a little bit about

637
00:23:20,240 --> 00:23:22,055
that program and what that means for the

638
00:23:22,055 --> 00:23:22,955
future too.

639
00:23:23,815 --> 00:23:24,315
Sure.

640
00:23:25,255 --> 00:23:27,355
I think we are one of only 7

641
00:23:27,414 --> 00:23:30,535
ASCs in the country through J&J Medtech that

642
00:23:30,535 --> 00:23:31,674
offer this program.

643
00:23:32,295 --> 00:23:33,734
And the nice thing is that it's really

644
00:23:33,734 --> 00:23:35,070
an a la carte program,

645
00:23:36,090 --> 00:23:38,330
depending on what the surgeon or or his

646
00:23:38,330 --> 00:23:40,430
or her team is looking to,

647
00:23:41,289 --> 00:23:42,349
learn more about.

648
00:23:42,730 --> 00:23:44,970
And so we've had the gamut where we've

649
00:23:44,970 --> 00:23:46,330
had individual surgeons, come by themselves or they

650
00:23:46,330 --> 00:23:46,830
bring

651
00:23:47,609 --> 00:23:47,954
their

652
00:23:54,115 --> 00:23:56,615
Velas robot, Velas Hypnab, the Kinsize.

653
00:23:57,154 --> 00:23:58,835
How do we do that in an outpatient

654
00:23:58,835 --> 00:24:00,914
setting? How do we move efficiently room to

655
00:24:00,914 --> 00:24:01,414
room?

656
00:24:02,029 --> 00:24:04,190
And they can see that. We also host,

657
00:24:04,509 --> 00:24:07,069
surgeons for cadaver labs to get practice hands

658
00:24:07,069 --> 00:24:09,250
on training with those that we proctor.

659
00:24:09,950 --> 00:24:10,829
We've even had,

660
00:24:11,789 --> 00:24:13,549
surgeons bring their entire team,

661
00:24:13,950 --> 00:24:14,929
including anesthesiologists,

662
00:24:15,470 --> 00:24:16,904
nursing, business staff,

663
00:24:17,384 --> 00:24:19,724
from the ASC or their hospital usually.

664
00:24:20,345 --> 00:24:22,845
We've hosted books from Brazil, from Singapore,

665
00:24:23,945 --> 00:24:24,765
from Japan.

666
00:24:25,224 --> 00:24:27,224
And so we're looking forward to just bring

667
00:24:27,224 --> 00:24:30,025
that, to whomever's interested. And certainly, I think

668
00:24:30,025 --> 00:24:31,319
we were seeing a lot of international interest

669
00:24:37,319 --> 00:24:39,339
commonplace. You know, in Europe, you still see

670
00:24:39,480 --> 00:24:41,319
patients staying in the hospital for a week

671
00:24:41,319 --> 00:24:43,639
after a routine primary total joint. And so

672
00:24:43,639 --> 00:24:44,619
there's great interest

673
00:24:45,134 --> 00:24:45,634
internationally

674
00:24:46,414 --> 00:24:48,914
to learn some of the efficiencies that we've,

675
00:24:49,934 --> 00:24:52,035
mastered here, in South Florida.

676
00:24:52,734 --> 00:24:53,234
Yeah.

677
00:24:53,615 --> 00:24:56,174
Doctor Smith, same for you here. Does, how

678
00:24:56,174 --> 00:24:58,529
much of a role does professional education really

679
00:24:58,609 --> 00:25:00,609
play in in this field, especially because it's

680
00:25:00,609 --> 00:25:02,369
moving so fast? And I feel like there's

681
00:25:02,369 --> 00:25:05,250
a there's a constant need for for professional

682
00:25:05,250 --> 00:25:07,170
education and and being able to to keep

683
00:25:07,170 --> 00:25:08,710
up with what's going on.

684
00:25:10,369 --> 00:25:13,009
Certainly. You know, everything is evidence based, and

685
00:25:13,009 --> 00:25:15,585
as we get better evidence and more literature

686
00:25:15,585 --> 00:25:16,884
and more information,

687
00:25:17,345 --> 00:25:20,144
our practices evolve and with that technology also

688
00:25:20,144 --> 00:25:23,845
evolves with it. So continuing to stay at

689
00:25:23,904 --> 00:25:26,865
at the peak of professional education, I think

690
00:25:26,865 --> 00:25:27,684
is paramount.

691
00:25:28,240 --> 00:25:30,319
I've been fortunate to be involved with J

692
00:25:30,319 --> 00:25:33,039
and J Medtech as it relates to doing

693
00:25:33,039 --> 00:25:35,359
and conducting local labs and also being a

694
00:25:35,359 --> 00:25:37,220
part of the Future Leaders Conference

695
00:25:37,599 --> 00:25:40,480
earlier this year, which, was a great conference

696
00:25:40,480 --> 00:25:42,285
and, was happy to be part of it,

697
00:25:42,285 --> 00:25:44,845
I believe. Moving forward, I'm happy that we

698
00:25:44,845 --> 00:25:46,525
do have it our center of excellence for

699
00:25:46,525 --> 00:25:49,325
preceptorship. I'm looking forward to making myself more

700
00:25:49,325 --> 00:25:51,585
available for that, balancing with my responsibilities

701
00:25:52,045 --> 00:25:54,684
covering our major league professional rugby team and

702
00:25:54,684 --> 00:25:57,230
our our local colleges and their sports teams

703
00:25:57,230 --> 00:25:58,690
and all of their needs. But,

704
00:25:59,230 --> 00:26:00,829
balancing all of that, I also wanna make

705
00:26:00,829 --> 00:26:02,529
myself available to my colleagues,

706
00:26:02,829 --> 00:26:04,130
both local and abroad.

707
00:26:05,069 --> 00:26:07,069
That's that's awesome. I'm I'm I'm really glad

708
00:26:07,069 --> 00:26:09,069
that you're you're really providing I I think

709
00:26:09,069 --> 00:26:10,669
you're providing a a great service to the

710
00:26:10,669 --> 00:26:12,565
community there too, being able to help help

711
00:26:12,565 --> 00:26:13,065
folks

712
00:26:13,765 --> 00:26:16,005
be back quicker. Right? Be on the field

713
00:26:16,005 --> 00:26:18,244
quicker, especially young athletes. I I it's so

714
00:26:18,244 --> 00:26:19,945
important to be able to have that experience

715
00:26:20,244 --> 00:26:22,404
and being able to return, to whatever the

716
00:26:22,404 --> 00:26:23,465
court or the field,

717
00:26:24,085 --> 00:26:26,630
as fast as possible. Doctor Chan, doctor Smith,

718
00:26:26,630 --> 00:26:28,390
thanks so much for being here. Really enjoyed

719
00:26:28,390 --> 00:26:30,309
our conversation. Thanks so much for taking the

720
00:26:30,309 --> 00:26:30,809
time.

721
00:26:31,190 --> 00:26:32,730
Thank you. Appreciate it.

722
00:26:33,349 --> 00:26:35,509
Alright. It was a pleasure. I'd also like

723
00:26:35,509 --> 00:26:37,934
to thank our podcast sponsor, Johnson and Johnson

724
00:26:38,095 --> 00:26:40,674
MedTech. And for more information on the ASC

725
00:26:40,975 --> 00:26:43,695
preceptorship program by the Johnson and Johnson MedTech

726
00:26:43,695 --> 00:26:46,654
Professional Education team, please reach out to the

727
00:26:46,654 --> 00:26:47,634
following email,

728
00:26:48,095 --> 00:26:48,595
ascstrategicthoughtleadership

729
00:26:51,480 --> 00:26:51,980
atits.jnj.com.

730
00:26:55,480 --> 00:26:58,700
This email is also included in this episode's

731
00:26:59,641 --> 00:27:01,721
description. And you can tune into more podcasts

732
00:27:01,721 --> 00:27:04,361
from Becker's Healthcare by visiting our podcast page

733
00:27:04,361 --> 00:27:05,101
at beckershospitalreview.com.