1 00:00:00,320 --> 00:00:02,879 Hello. This is Francesca Matthews with the Becker's 2 00:00:02,879 --> 00:00:04,179 ASC review podcast. 3 00:00:04,639 --> 00:00:06,399 I'm thrilled to be joined today by Thomas 4 00:00:06,399 --> 00:00:06,899 Hutchinson, 5 00:00:07,200 --> 00:00:09,619 administrator of the Surgery Center of Central Florida. 6 00:00:09,679 --> 00:00:11,460 Thank you so much for being here today. 7 00:00:12,464 --> 00:00:13,925 Yeah. Thanks for having me. 8 00:00:14,384 --> 00:00:14,884 Absolutely. 9 00:00:15,585 --> 00:00:17,585 To start us off here, could you please 10 00:00:17,585 --> 00:00:19,505 introduce yourself and tell us a little bit 11 00:00:19,505 --> 00:00:20,405 about your background? 12 00:00:21,505 --> 00:00:23,045 Yeah. So my name is Tom Hutchinson. 13 00:00:24,304 --> 00:00:26,625 I work at Surgery Center of Central Florida 14 00:00:26,625 --> 00:00:27,925 here in Ocala, Florida. 15 00:00:28,679 --> 00:00:30,839 I've been here for almost four years. I've 16 00:00:30,839 --> 00:00:31,740 been with the company, 17 00:00:32,440 --> 00:00:33,820 about the same time frame. 18 00:00:34,200 --> 00:00:35,420 I actually came from, 19 00:00:36,200 --> 00:00:37,340 Open Heart, CVOR, 20 00:00:38,520 --> 00:00:40,840 in the hospital, did a, a short stint 21 00:00:40,840 --> 00:00:41,899 in the cath lab, 22 00:00:42,835 --> 00:00:45,814 and then came over to the cardiology practice. 23 00:00:46,195 --> 00:00:48,195 I was the radiology manager for a little 24 00:00:48,195 --> 00:00:48,695 while, 25 00:00:49,395 --> 00:00:51,875 and then the director of the ASC left, 26 00:00:51,875 --> 00:00:53,575 and I took over from there. 27 00:00:54,829 --> 00:00:57,229 Right. Excellent. Excited to to get to the 28 00:00:57,229 --> 00:00:58,210 discussion today. 29 00:00:58,989 --> 00:01:01,229 To kinda start broadly, what are the top 30 00:01:01,229 --> 00:01:03,309 three trends that you're following in health care 31 00:01:03,309 --> 00:01:04,530 and ASCs today? 32 00:01:06,349 --> 00:01:06,849 Well, 33 00:01:07,275 --> 00:01:09,935 I mean, we're, we're primarily a cardiology, 34 00:01:10,875 --> 00:01:13,594 ASC. So one of the big trends that 35 00:01:13,594 --> 00:01:15,755 everybody in cardiology or has anything to do 36 00:01:15,755 --> 00:01:17,995 with cardiology is looking at for ASCs is, 37 00:01:18,395 --> 00:01:19,215 EP ablations. 38 00:01:20,629 --> 00:01:23,129 That's that's probably our number one, 39 00:01:23,750 --> 00:01:24,890 topic right now 40 00:01:25,269 --> 00:01:26,329 in our industry. 41 00:01:27,430 --> 00:01:29,590 I think one of the other kinda nerve 42 00:01:29,590 --> 00:01:31,750 wracking ones is the the government shutdown and 43 00:01:31,750 --> 00:01:33,129 how that might affect us, 44 00:01:34,234 --> 00:01:36,715 waiting for the new, Medicare rules to come 45 00:01:36,715 --> 00:01:37,215 out. 46 00:01:39,275 --> 00:01:40,954 And then third, I think a lot of 47 00:01:40,954 --> 00:01:44,155 people, are are struggling with the the trend 48 00:01:44,155 --> 00:01:45,215 of staffing, 49 00:01:46,075 --> 00:01:48,474 trying to compete with hospitals and and, you 50 00:01:48,474 --> 00:01:50,930 know, get good staff in the doors and 51 00:01:50,930 --> 00:01:51,909 keep good staff. 52 00:01:52,769 --> 00:01:55,090 Mhmm. And that that keeping good staff component, 53 00:01:55,090 --> 00:01:57,349 I know, is is really crucial there. 54 00:01:58,209 --> 00:02:00,129 And then, yeah, also, you know, we're we're 55 00:02:00,129 --> 00:02:02,049 also waiting to see what else CMS says 56 00:02:02,049 --> 00:02:03,109 over here at Becker's, 57 00:02:03,814 --> 00:02:05,515 since a few of those rules haven't been 58 00:02:05,974 --> 00:02:08,775 released yet. But what are you most excited 59 00:02:08,775 --> 00:02:11,435 about right now in health care, ASCs, cardiology, 60 00:02:11,495 --> 00:02:12,235 all of it? 61 00:02:12,935 --> 00:02:15,335 BEP ablations. That's a big one. We've been 62 00:02:15,335 --> 00:02:17,094 pushing for that for a while. We, 63 00:02:17,960 --> 00:02:19,960 we're trying to contract with private payers, and 64 00:02:19,960 --> 00:02:22,139 our practice has just kinda struggled with it. 65 00:02:22,200 --> 00:02:23,879 I know there are some other ones that, 66 00:02:24,599 --> 00:02:26,360 that have had a little more success on 67 00:02:26,360 --> 00:02:27,419 that side of it. 68 00:02:27,800 --> 00:02:29,719 I know, like, in Arizona, there's a couple 69 00:02:29,719 --> 00:02:31,560 places that got, like, the hospital without walls 70 00:02:31,560 --> 00:02:33,085 during COVID, and they were able to hold 71 00:02:33,085 --> 00:02:34,944 on to it. And and, 72 00:02:35,485 --> 00:02:36,925 Alaska has kind of been able to do 73 00:02:36,925 --> 00:02:39,165 it, I think, just more so because of 74 00:02:39,165 --> 00:02:39,665 their 75 00:02:40,284 --> 00:02:40,784 ruralness, 76 00:02:41,405 --> 00:02:42,224 you would say. 77 00:02:43,645 --> 00:02:44,044 But, 78 00:02:44,685 --> 00:02:46,860 that's at least that's the impression I get. 79 00:02:47,580 --> 00:02:49,659 But, yeah, so with Medicare being able to 80 00:02:49,659 --> 00:02:51,419 allow us to do those ablations in the 81 00:02:51,419 --> 00:02:53,580 in the outpatient setting, I think that's a 82 00:02:53,580 --> 00:02:56,060 huge advantage to our cardiology patients and, 83 00:02:56,699 --> 00:02:58,139 and it will take some of the workload 84 00:02:58,139 --> 00:02:59,759 off the hospital a little bit. 85 00:03:01,094 --> 00:03:03,814 Yeah. Definitely. I've definitely heard similar things from 86 00:03:03,814 --> 00:03:07,414 other, like, outpatient cardiology leaders that that we 87 00:03:07,414 --> 00:03:09,094 talk to every every day over here at 88 00:03:09,094 --> 00:03:09,594 Becker's. 89 00:03:10,455 --> 00:03:12,955 So, yeah, definitely just, like, echo that sentiment. 90 00:03:13,574 --> 00:03:15,174 How are you thinking about growth over the 91 00:03:15,174 --> 00:03:16,155 next twelve months? 92 00:03:18,030 --> 00:03:18,530 Well, 93 00:03:19,629 --> 00:03:22,349 we've actually added a couple physicians to our 94 00:03:22,349 --> 00:03:22,849 practice, 95 00:03:23,710 --> 00:03:25,710 here in the ASC, and we're also looking 96 00:03:25,710 --> 00:03:27,250 at adding maybe a couple locums. 97 00:03:28,590 --> 00:03:30,849 We're looking at, you know, bringing some vascular 98 00:03:30,909 --> 00:03:33,044 surgery into our ASC, so that'll be something 99 00:03:33,044 --> 00:03:33,944 new for us. 100 00:03:35,364 --> 00:03:36,025 We are 101 00:03:36,405 --> 00:03:37,544 looking at a couple 102 00:03:37,924 --> 00:03:41,044 couple procedures that require vascular surgeons. We don't 103 00:03:41,044 --> 00:03:42,484 have any right now, so we'll have to 104 00:03:42,965 --> 00:03:44,724 we're looking at locums for that. 105 00:03:45,044 --> 00:03:47,489 And then, of course, with the EP stuff, 106 00:03:47,489 --> 00:03:49,009 you know, we wanna do as much business 107 00:03:49,009 --> 00:03:50,310 as we can in that space, 108 00:03:50,610 --> 00:03:52,849 so we're looking at possibly bringing on locums 109 00:03:52,849 --> 00:03:53,750 EP also. 110 00:03:55,009 --> 00:03:56,449 Physical growth, we're actually 111 00:03:58,105 --> 00:04:00,504 our ASC is we have three operating rooms, 112 00:04:00,504 --> 00:04:02,504 and we only have eight pre and post 113 00:04:02,504 --> 00:04:05,145 op bays. And, we're we're looking to add 114 00:04:05,145 --> 00:04:06,745 on to our pre and post op. So 115 00:04:06,745 --> 00:04:07,965 our our growth there, 116 00:04:08,825 --> 00:04:10,745 physically, we need to grow heart building, and 117 00:04:10,745 --> 00:04:12,745 we're gonna add on another 10 patient bays 118 00:04:12,745 --> 00:04:13,919 for pre and post op. 119 00:04:15,439 --> 00:04:17,839 Awesome. That's exciting. I you kinda have touched 120 00:04:17,839 --> 00:04:19,680 on this already, but just wanted to follow-up 121 00:04:19,680 --> 00:04:21,519 a little bit here just because you're in 122 00:04:21,519 --> 00:04:23,459 a pretty unique position given, 123 00:04:24,319 --> 00:04:26,079 you know, the newness of some of these 124 00:04:26,079 --> 00:04:28,319 procedures in the outpatient setting and being in 125 00:04:28,319 --> 00:04:30,454 a kind of position of growth. I'm curious 126 00:04:30,454 --> 00:04:32,295 if you were talking to, which, you know, 127 00:04:32,295 --> 00:04:34,795 we kind of are, to another cardiology ASC 128 00:04:35,014 --> 00:04:37,415 leader who's or even just an ASC leader 129 00:04:37,415 --> 00:04:39,095 looking to maybe add some of these services. 130 00:04:39,095 --> 00:04:40,535 What would you say is, like, the most 131 00:04:40,535 --> 00:04:41,514 important thing 132 00:04:41,850 --> 00:04:44,170 to kinda look at first before adding some 133 00:04:44,170 --> 00:04:45,709 of these procedures and services? 134 00:04:47,689 --> 00:04:49,529 I mean, I think your pro form a 135 00:04:49,529 --> 00:04:51,470 on, you know, device cost, 136 00:04:52,250 --> 00:04:54,330 what what the vendors are gonna charge you 137 00:04:54,330 --> 00:04:57,654 for, you know, capital equipment, the disposables, all 138 00:04:57,654 --> 00:04:59,495 that stuff. I mean, you got the I 139 00:04:59,495 --> 00:05:00,855 think the biggest thing all of us are 140 00:05:00,855 --> 00:05:02,615 facing right now, even us, we kinda took 141 00:05:02,615 --> 00:05:04,454 a leap of faith, and and we're prepared 142 00:05:04,454 --> 00:05:07,014 for it for January 1, but we still 143 00:05:07,014 --> 00:05:09,014 don't have any hard numbers what Medicare is 144 00:05:09,014 --> 00:05:11,000 gonna reimburse us on these EP ablations. 145 00:05:12,019 --> 00:05:13,959 So to add this whole service line, 146 00:05:15,540 --> 00:05:16,040 we're 147 00:05:16,420 --> 00:05:17,800 we're going off of projections. 148 00:05:19,060 --> 00:05:20,980 But I think the biggest thing is to 149 00:05:20,980 --> 00:05:21,480 know 150 00:05:22,125 --> 00:05:24,444 where you stand, what what your capital costs 151 00:05:24,444 --> 00:05:26,764 are gonna be, your disposable costs, your staff 152 00:05:26,764 --> 00:05:28,464 costs, your fixed costs, 153 00:05:29,165 --> 00:05:30,845 and and just do a good in-depth pro 154 00:05:30,845 --> 00:05:31,665 form a. 155 00:05:32,605 --> 00:05:33,324 So you have the 156 00:05:34,099 --> 00:05:34,419 you know 157 00:05:35,139 --> 00:05:37,240 you you only have one variable, the reimbursement 158 00:05:37,379 --> 00:05:38,120 right now. 159 00:05:39,060 --> 00:05:41,479 Mhmm. Mhmm. That makes sense for sure. 160 00:05:41,860 --> 00:05:43,539 Yeah. I don't have anything else for you 161 00:05:43,539 --> 00:05:45,459 today, actually, Thomas. So thank you so much 162 00:05:45,459 --> 00:05:46,439 for joining us. 163 00:05:46,899 --> 00:05:49,064 Yeah. Thank you. Glad to be here. Yeah. 164 00:05:49,064 --> 00:05:50,584 Yeah. It's been a pleasure speaking with you, 165 00:05:50,584 --> 00:05:51,944 and I look forward to connecting with you 166 00:05:51,944 --> 00:05:52,925 again in the future. 167 00:05:53,384 --> 00:05:55,245 Yep. I look forward to it. Thank you. 168 00:05:55,625 --> 00:05:57,064 Yep. Thank you. Have a good rest of 169 00:05:57,064 --> 00:05:58,764 your day. Alright. You too.