Maximizing Ancillary Opportunities

Hand Clin. 2024 Nov;40(4):485-494. doi: 10.1016/j.hcl.2024.06.001. Epub 2024 Aug 23.

Abstract

In the face of increasing overhead and declining reimbursement for hand surgery services, ancillary services provide additional opportunities for revenue capture outside the standard stream of office visits and surgical billing. These additional revenue streams may allow hand surgeons to practice with less stress, improve efficiency, and create more financial security overall. Hand surgery practices are quite diverse. There are solo practitioners, hand surgery group practice, hand surgery within a specialty group (most often orthopedic surgery), multispecialty clinics, and those who are incorporated within a health system. Each of these types of practices may provide different suites of ancillary services.

Keywords: Ambulatory surgery center; Ancillary revenue; CT scan; In-office surgical suite; MRI scan; Office-based surgery; Return on investment; WALANT surgery.

Publication types

  • Review

MeSH terms

  • Hand* / surgery
  • Humans
  • Orthopedics*
  • Practice Management, Medical / organization & administration
  • United States