MDNews - Houston

March/April 2016

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WORLDWIDE SURGICAL SOLUTIONS is developing purpose-built, state-of-the- art surgery and recovery care centers, known as Advanced Technology Surgical Facilities (ATSFs), that will, with no out- of-pocket expenses charged to surgeons, improve patient care and increase surgeon income by eliminating large fees resulting from a hospital's high overhead while yield- ing investors' rates of returns in excess of 30 percent. Currently, most major surgical pro- cedures in the United States occur in hospitals. To cover the less profitable operational areas, hospitals must charge surgeons relatively high fees to perform their work. These high fees reduce income that surgeons receive. In the case of an ATSF facility, the overhead basis is signifi- cantly lower than that of a hospital. There are no fixed costs from emergency room operations or high corporate overhead, and the medical sta" can be scaled up or down as operations are scheduled. In an ATSF, tier-1 surgeries will be performed in the surg ica l building. This type of surgery is considered more complicated and has the highest payment The Surgery Center of and reimbursement rates. However, such facilities are required to have a recovery care center in which patients can be observed for up to four days to ensure surgical success. The recovery building will be primarily utilized by patients who have just under- gone procedures in the surgical building. As a secondary function, there will be doc- tors' o«ces, examination rooms, medical supply stockrooms, and pharmaceutical operations with compounding and lab operations with adult stem cell therapies. The recovery care building's sole purpose is to service and support the surgical build- ing. Without the recovery care building, many of the tier-1 surgeries would not be permitted at the surgical building. Using the latest technologically forward modular design and rapid-track construc- tion, the facility will have advanced surgical equipment with ultra-bright light- emitting-diode-based lighting systems. Renewable solar energy increases energy e«ciency and will reduce operating costs. A fast-track ATSF can be built and operational in as few as 12 weeks, which is a major attraction to both investors and surgeons alike. The investor and investor groups own 100 percent of the assets. All facility revenue is collected by the management and operations company, which first pays all facility expenses, and then disburses 25 percent of the revenue to the surgeons and 30 percent to the investor or investor group. The remaining 45 percent is allocated for management and operations. There are already agreements in place with surgeons in Las Vegas, Nashville and Ft. Lauderdale. The first round of funding is underway and is being presented to the investment community. Inquiries are invited from both investors and providers who wish to be owners. James F. Hamilton is the Founder of Worldwide Surgical Solutions, which he started in 2010 after dramatically impacting the medical and surgical industries for 40 years as a healthcare executive. Along with a few industry executives, Hamilton joined former NASA engineers and architects, as well as traditional medical and surgical architects and e nginee rs , to c reate d es ign an d co n str u ctio n p rocesses using specialty materials that would revolutionize the ambulatory surgical center and specialty hospital marketplace. Hamilton then partnered with Stryker Corporation , a leading developer of o pe rat in g ro o m s uite s , to a d d th e company's new technology to Worldwide Surgical Solutions' hybrid ATSFs and specialty hospitals. F o r m o r e i n f o r m a t i o n , e m a i l M D N e w s @ d o c t o r. c o m ■ BY JAMES F. HAMILTON 1 4 ❱❱❱❱❱ S P E C I A L F E A T U R E

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