Smith+Nephew (NYSE:SNN) today announced the launch of ASC Solutions, an expanded enterprise strategy for ambulatory surgery centers (ASCs).
The London-based orthopedic giant wants to take a customer-centric approach to help ASC customers realize their key objectives of cost optimization, quality and outcome performance.
ASCs represent a fast-growing outpatient care approach. Smith+Nephew’s work in the space continues, as it announced work to support the first UK-based ASC last year. Other orthopedic leaders, including Zimmer Biomet and Stryker, are also pursuing advances in the ASC.
Smith+Nephew’s ASC Solutions helps customers source best-in-class expertise, differentiated procedural technologies and advanced data and analytics. It aims to help ASCs accelerate growth, improve operational performance, and drive patient outcomes.
The company said this expands its ASC ONE delivery model into an integrated platform. It aims to simplify ASC development, accelerate facility readiness and support long-term operational success. The platform brings together Smith+Nephew partners to support development planning, facility design and construction, operating company formation, financing, sterile processing, information technology infrastructure, and clinical enablement within a coordinated framework.
ASC ONE delivers a streamlined approach through a single point of coordination within the strategic network. To support this, the company has a streamlined enterprise operating model to support ASC customers. It said its enterprise partnerships, innovative technologies and integrated service offerings continue to help customers improve access, enhance performance and create sustainable healthcare value.
Commentary from Smith+Nephew leadership and doctors
Bryan Grossman, SVP, Healthcare Solutions and Channel Management at Smith+Nephew, said:
“ASC Solutions enables our customers to leverage Smith+Nephew’s strategic alliances with key partners that help drive strategic growth. By combining the strength of our industry-leading products and services with our partner networks and expertise in clinical, operational, and business performance, we help customers build stronger organizations, expand access to care and succeed in an increasingly complex healthcare environment.”
Dr. Jeffrey Racca of New Mexico Orthopaedics said:
“In today’s environment, Smith+Nephew is bringing independent physician practices a real opportunity to continue capitalizing on ancillaries, with the ability for physicians to own 100% of the equity in their center. Between the team they’ve assembled to bring these projects to market and the strength of their product portfolio behind it, this is something that’s truly differentiating in today’s environment.”
