1 00:00:00,240 --> 00:00:02,960 Hello. This is Francesca Matthews with the Becker's 2 00:00:02,960 --> 00:00:04,179 ASC review podcast. 3 00:00:04,559 --> 00:00:06,240 I'm thrilled to be joined today by Todd 4 00:00:06,240 --> 00:00:06,740 Currier, 5 00:00:07,279 --> 00:00:07,779 CASC, 6 00:00:08,400 --> 00:00:08,900 CPA, 7 00:00:09,519 --> 00:00:12,639 CEO and administrator of Bend Surgery Center. Todd, 8 00:00:12,639 --> 00:00:14,259 thank you so much for being here today. 9 00:00:14,554 --> 00:00:15,914 Thank you. It's a pleasure to be here 10 00:00:15,914 --> 00:00:16,414 today. 11 00:00:16,875 --> 00:00:18,875 Yeah. Just to start off, could you please 12 00:00:18,875 --> 00:00:20,714 introduce yourself and tell us a little bit 13 00:00:20,714 --> 00:00:21,614 about your background? 14 00:00:22,394 --> 00:00:22,894 Sure. 15 00:00:23,355 --> 00:00:25,355 Again, my name is Todd Currier. I run 16 00:00:25,355 --> 00:00:27,914 Bend Surgery Center in Bend, Oregon. We're a 17 00:00:27,914 --> 00:00:28,414 large 18 00:00:28,800 --> 00:00:30,339 multi specialty center. We 19 00:00:30,800 --> 00:00:34,100 have eight operating rooms and six procedure rooms. 20 00:00:35,200 --> 00:00:35,700 We're, 21 00:00:36,079 --> 00:00:39,059 truly multi specialty, do about 12 different specialties, 22 00:00:39,439 --> 00:00:39,939 and 23 00:00:40,479 --> 00:00:40,979 have 24 00:00:41,865 --> 00:00:42,844 increasing volume, 25 00:00:43,225 --> 00:00:45,725 as we've expanded over the last few years. 26 00:00:46,744 --> 00:00:48,905 Past history, I've been in the industry for 27 00:00:48,905 --> 00:00:50,924 about twenty years now. And, 28 00:00:51,625 --> 00:00:54,204 prior to that, I was a CPA, 29 00:00:55,070 --> 00:00:57,390 and then my largest client was a surgery 30 00:00:57,390 --> 00:01:00,429 center and fell in love with the aspect 31 00:01:00,429 --> 00:01:01,409 of it and, 32 00:01:02,269 --> 00:01:04,530 jumped ship about twenty years ago and, 33 00:01:04,909 --> 00:01:06,290 look forward to the future. 34 00:01:07,204 --> 00:01:08,424 Excellent. Great. 35 00:01:09,284 --> 00:01:11,284 And what are the top three trends that 36 00:01:11,284 --> 00:01:13,784 you're following in health care and the ASC 37 00:01:13,844 --> 00:01:14,745 world today? 38 00:01:15,605 --> 00:01:17,625 I think the top things that I'm following 39 00:01:17,685 --> 00:01:20,829 is this the mergers and acquisitions that are 40 00:01:20,829 --> 00:01:24,609 happening within the ASC market, the hospitals acquiring 41 00:01:24,750 --> 00:01:27,489 ASCs, the management companies acquiring ASCs, 42 00:01:28,030 --> 00:01:28,849 just independents 43 00:01:29,150 --> 00:01:31,170 that are growing and expanding. 44 00:01:32,109 --> 00:01:32,849 It it's 45 00:01:34,244 --> 00:01:36,644 a growth market right now for ASCs. We're 46 00:01:36,644 --> 00:01:38,584 we're in a great trend right now. 47 00:01:39,125 --> 00:01:41,305 So that's one area. I think 48 00:01:41,765 --> 00:01:43,384 another area is just the, 49 00:01:44,405 --> 00:01:45,465 in increase 50 00:01:45,924 --> 00:01:48,664 of case volume and case mix. 51 00:01:49,000 --> 00:01:51,479 And so as we've seen with the proposed 52 00:01:51,479 --> 00:01:53,259 rule for 02/1926, 53 00:01:53,560 --> 00:01:56,359 a large expansion of types of cases that 54 00:01:56,359 --> 00:01:59,099 ASCs are now allowed to do, the expansion 55 00:01:59,159 --> 00:01:59,819 of the, 56 00:02:00,519 --> 00:02:04,144 ASC covered procedure list. And so we're looking 57 00:02:04,144 --> 00:02:05,045 into the, 58 00:02:06,305 --> 00:02:06,805 advanced 59 00:02:07,265 --> 00:02:07,765 orthopedics, 60 00:02:08,305 --> 00:02:08,805 cardiac, 61 00:02:09,745 --> 00:02:10,724 types of procedures, 62 00:02:11,264 --> 00:02:12,324 and and, 63 00:02:12,625 --> 00:02:15,264 probably leads me right into the third third 64 00:02:15,264 --> 00:02:16,259 area of, 65 00:02:17,299 --> 00:02:19,539 that I'm seeing trends in is just the 66 00:02:19,539 --> 00:02:21,479 use of robotics and technology, 67 00:02:22,900 --> 00:02:25,620 looking at the types of cases that can 68 00:02:25,620 --> 00:02:28,180 be done within an ASC setting, you know, 69 00:02:28,180 --> 00:02:30,495 safely done and still, you know, patients be 70 00:02:30,495 --> 00:02:32,354 able to go home, quality outcomes, 71 00:02:33,055 --> 00:02:35,615 and looking into how that's gonna expand over 72 00:02:35,615 --> 00:02:36,995 to the next few years. 73 00:02:37,775 --> 00:02:39,935 Mhmm. Absolutely. I feel like all three things 74 00:02:39,935 --> 00:02:42,834 you mentioned are kind of in your connect 75 00:02:42,895 --> 00:02:43,395 there, 76 00:02:43,840 --> 00:02:45,039 which kind of leads me to my next 77 00:02:45,039 --> 00:02:46,479 question, which is how are you thinking about 78 00:02:46,479 --> 00:02:48,099 growth over the next twelve months, 79 00:02:48,400 --> 00:02:50,639 specifically with regards to everything that you just 80 00:02:50,639 --> 00:02:51,780 mentioned, you know, that, 81 00:02:52,159 --> 00:02:54,799 increasing case volume and mix, the m and 82 00:02:54,799 --> 00:02:56,419 a stuff, and also technology? 83 00:02:57,634 --> 00:02:59,715 I think for us, really looking at, you 84 00:02:59,715 --> 00:03:02,194 know, what is that strategic growth? What areas 85 00:03:02,194 --> 00:03:04,294 do we want to expand in? And 86 00:03:04,594 --> 00:03:07,794 so we're still looking, especially with the proposed 87 00:03:07,794 --> 00:03:09,794 rule so fresh and, you know, it's not 88 00:03:09,794 --> 00:03:11,794 finalized yet. So we're gonna take a look 89 00:03:11,794 --> 00:03:14,239 at that. But what areas do we want 90 00:03:14,239 --> 00:03:15,459 to expand in? 91 00:03:16,000 --> 00:03:17,799 Number one, do we look at our current, 92 00:03:18,239 --> 00:03:20,799 case mix and volume, and how do we 93 00:03:20,799 --> 00:03:21,780 increase that? 94 00:03:22,479 --> 00:03:24,560 Do we look at new technology? Do we 95 00:03:24,560 --> 00:03:25,844 look into robotics 96 00:03:26,724 --> 00:03:29,125 and and start doing robotic cases at at 97 00:03:29,125 --> 00:03:32,165 our center? And what is the the cost 98 00:03:32,165 --> 00:03:33,625 benefit of doing that? 99 00:03:34,165 --> 00:03:35,705 And probably the third 100 00:03:36,805 --> 00:03:39,064 thing on on that area really is 101 00:03:40,019 --> 00:03:42,039 looking at how can we use technology 102 00:03:42,419 --> 00:03:42,919 to 103 00:03:43,379 --> 00:03:44,519 improve our growth, 104 00:03:45,379 --> 00:03:47,539 going into the future. You know, what areas 105 00:03:47,539 --> 00:03:50,500 of technology, whether it's AI, whether it's software 106 00:03:50,500 --> 00:03:51,000 based, 107 00:03:51,699 --> 00:03:54,739 other software based systems that will increase our 108 00:03:54,739 --> 00:03:55,239 efficiencies. 109 00:03:56,074 --> 00:03:58,074 That those are areas that we're really looking 110 00:03:58,074 --> 00:03:59,055 at that will, 111 00:03:59,675 --> 00:04:00,895 assist in our growth. 112 00:04:01,834 --> 00:04:02,334 Absolutely. 113 00:04:02,955 --> 00:04:04,955 And what are you most excited about right 114 00:04:04,955 --> 00:04:05,455 now? 115 00:04:06,235 --> 00:04:07,754 I just have to be honest as I'm 116 00:04:07,754 --> 00:04:10,900 excited about the the ASE industry. I I'm 117 00:04:10,900 --> 00:04:13,080 very excited about the direction and 118 00:04:13,460 --> 00:04:16,039 proposed rules that we were seeing, that, 119 00:04:17,139 --> 00:04:20,019 we've seen some some great leaps and bounds 120 00:04:20,019 --> 00:04:23,504 that, were were being heard by CMS that 121 00:04:23,985 --> 00:04:25,985 is, you know, historically and as we go 122 00:04:25,985 --> 00:04:27,764 into the future, we we are, 123 00:04:28,464 --> 00:04:31,504 a great resource for our communities for the 124 00:04:31,504 --> 00:04:33,665 care that we provide and the safe quality 125 00:04:33,665 --> 00:04:36,545 care that we provide every single day and 126 00:04:36,545 --> 00:04:38,725 that we can continue on into the future. 127 00:04:39,060 --> 00:04:40,439 There's few things within 128 00:04:40,899 --> 00:04:42,740 the proposed role that we we still need 129 00:04:42,740 --> 00:04:45,139 to advocate for that, you know, where we're 130 00:04:45,139 --> 00:04:47,960 we're we're falling short in regards to, 131 00:04:48,819 --> 00:04:51,975 you know, the the secondary weight scaler that 132 00:04:52,134 --> 00:04:53,194 takes effect that 133 00:04:53,735 --> 00:04:56,074 we're really still seeing a disparity 134 00:04:56,455 --> 00:04:57,675 in our reimbursement 135 00:04:58,134 --> 00:05:00,134 stream as far as it's it's a growing 136 00:05:00,134 --> 00:05:01,355 disparity between 137 00:05:01,814 --> 00:05:04,154 ASC reimbursement and the HOPD. 138 00:05:05,175 --> 00:05:06,795 And we we need to 139 00:05:07,149 --> 00:05:09,410 continue to advocate and lobby with 140 00:05:09,870 --> 00:05:11,789 the with CMS and our, 141 00:05:12,189 --> 00:05:14,430 legislators that we we need to get this 142 00:05:14,430 --> 00:05:14,930 corrected. 143 00:05:15,389 --> 00:05:15,889 Mhmm. 144 00:05:16,349 --> 00:05:18,110 Yeah. Absolutely. It sounds like there's there's some 145 00:05:18,110 --> 00:05:21,165 wins in the recent, proposed rules and then 146 00:05:21,245 --> 00:05:23,645 definitely some areas where folks are still kind 147 00:05:23,645 --> 00:05:25,504 of advocating for ASCs and, 148 00:05:26,045 --> 00:05:26,545 particular 149 00:05:26,925 --> 00:05:29,105 particularly around that reimbursement issue. 150 00:05:29,645 --> 00:05:32,145 The that's correct. I I think it's it's 151 00:05:32,285 --> 00:05:34,925 it's imperative for all of us to remain 152 00:05:34,925 --> 00:05:35,850 active and, 153 00:05:36,730 --> 00:05:40,170 continue to advocate for our industry. And so 154 00:05:40,170 --> 00:05:41,389 that, you know, 155 00:05:42,009 --> 00:05:43,850 we we have those wins and losses, but 156 00:05:43,850 --> 00:05:46,410 we we need to mitigate where those losses 157 00:05:46,410 --> 00:05:47,389 are so that, 158 00:05:48,345 --> 00:05:50,824 we can continue to provide the high quality 159 00:05:50,824 --> 00:05:52,524 care we do every single day. 160 00:05:53,144 --> 00:05:53,644 Absolutely. 161 00:05:54,264 --> 00:05:56,285 Anything else that you'd like to add here? 162 00:05:57,384 --> 00:05:59,865 No. I think the the main part, I'm 163 00:05:59,865 --> 00:06:02,024 happy to be part of this podcast. August 164 00:06:02,024 --> 00:06:04,870 is National ASC Month, so I I appreciate 165 00:06:04,870 --> 00:06:05,370 you 166 00:06:05,750 --> 00:06:07,289 having me on and, 167 00:06:07,909 --> 00:06:10,789 look forward to, you know, positive impacts we 168 00:06:10,789 --> 00:06:12,169 have going into the future. 169 00:06:12,949 --> 00:06:15,189 Excellent. Well, that is all I have for 170 00:06:15,189 --> 00:06:16,949 you today, Todd. Thank you so much for 171 00:06:16,949 --> 00:06:18,009 joining us today. 172 00:06:18,334 --> 00:06:20,014 It has been a pleasure speaking with you, 173 00:06:20,014 --> 00:06:21,694 and I look forward to connecting with you 174 00:06:21,694 --> 00:06:22,595 again in the future. 175 00:06:23,055 --> 00:06:24,194 Thank you very much.