PE-Backed Cardiology Platforms

A single cath lab slot is worth $10,500. CaseFlow fills the ones that cancel.

Cardiology has the highest per-case reimbursement of any specialty in the platform rollup. A filled EP study is $12K. A structural heart case is $15K–$20K. Here's what cancellation leakage costs a cardiology MSO at scale.

8% cancellation rate  ·  $10,500 avg case value  ·  $8.7M annual leakage (10-ASC platform)
8%
industry no-show baseline for outpatient cardiology (MedAxiom 2024)
$10,500
avg cath lab / EP procedure value
4.2 hrs
CaseFlow median time-to-fill for same-week cancellation
Cancellation Drivers

Why cardiology cancellations are harder than ortho

Cath lab cases don't just cancel — they cascade. Room prep, scrub tech scheduling, contrast kit prep, and anesthesia all reset when a case falls out. Here's what's specific to cardiology that CaseFlow handles.

💊

Anticoagulation hold failures

Warfarin, DOACs, and aspirin each have different hold timing before cath lab procedures. A patient who didn't stop Eliquis 48h before the procedure cancels at pre-op intake. CaseFlow sends drug-specific stop-date SMS at the correct interval per DOAC — no generic reminder, exact timing per drug.

🔬

Contrast allergy clearance

Contrast-allergic patients need diphenhydramine + steroid pre-medication starting 13h before procedure. If pre-med compliance isn't confirmed, the case is cancelled. CaseFlow tracks the pre-med protocol and flags non-compliant patients at T-72h.

🫀

Anesthesia clearance for sedation cases

Moderate sedation still requires pre-anesthesia evaluation for ASA 3+ patients — the majority of cardiology patients with CAD, DM, or HTN. CaseFlow auto-scores ASA class from intake and routes to anesthesiologist, tracking EKG, echo, and cardiology consult status.

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NPO violations

Cath lab cases require strict NPO from midnight. A patient who eats breakfast cancels the morning case and stacks the cath lab schedule. CaseFlow sends NPO-specific reminders at T-1d, T-12h, and T-4h — with clear liquid guidance (black coffee OK until 4h before).

💓

EP study engagement fade

EP patients are asymptomatic between arrhythmia episodes. By procedure day, they've often convinced themselves they're fine. Cancellation risk peaks T-3d to T-1d. CaseFlow's 7-touch cadence — from T-30 through day-of — keeps the case alive with condition-specific messaging.

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Same-day structural heart no-shows

TAVR and MitraClip cases involve elderly, high-comorbidity patients. Transport failures, acute decompensation, and family logistics are the top 3 cancellation drivers. CaseFlow coordinates transport confirmation, family logistics, and pre-procedure health check at T-24h.

Platform Economics

The platform math for a cardiology MSO

At 8% no-show rate, $10,500 avg case value, and 62% recovery through CaseFlow — the ROI for a cardiology platform scales directly with site count.

Recovery model — 8% no-show rate · $10,500 avg case · 62% fill rate
ASCs
Slots/wk
Annual leakage
Recoverable
Cost/yr
ROI
5 ASCs
8
$4.4M
$2.7M
$8,940
302×
10 ASCs
16
$8.7M
$5.4M
$17,880
302×
20 ASCs
32
$17.5M
$10.9M
$35,760
305×

CaseFlow Enterprise pricing scales per location. All figures assume 8% no-show baseline and 62% waitlist fill rate from CaseFlow pilot data.

The Platforms

The platforms building cardiology at scale

CaseFlow is built for the MSO layer — one platform dashboard, per-group drill-down, anonymized IC reporting. No per-location implementation.

Cardiovascular Associates of America
Webster Equity Partners + Deerfield Management
US Heart & Vascular
Ares Management + Rubicon Founders
Cardiovascular Logistics
Lee Equity Partners
Heart & Vascular Partners
Assured Healthcare Partners
Partners First Cardiology
Varsity Healthcare Partners
The Data

What the data shows

8%
Industry no-show baseline for outpatient cardiology procedures (MedAxiom 2024 Cardiovascular Provider Survey)
~50%
Of all private cardiology practices are now PE-affiliated (MedAxiom 2024)
Cath lab cancellations are harder to backfill than office visit no-shows — procedures require room prep, equipment sterilization, and staff scheduling
4.2 hrs
CaseFlow median time-to-fill for a same-week cancellation, vs. industry average of 26 days unfilled

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