17 Statistics on ASC Physician-Related Valuation Risk Factors

Here are 17 statistics on perceived impact of specific risk factors on ASC value, according to VMG Health's Value Driver 2012 Survey.

Results showed the top risk to be a high level of ownership by physicians in competing centers.

Note: very high: more than 1X on implied EBITDA multiple; high: 0.5X to 1X; medium: 0.25X to 0.5X; low: less than 0.25X; very low: negligible impact

High level of ownership by physicians in competing centers:
Very low to low — 0 percent
Medium — 7 percent
High — 33 percent
Very high — 60 percent

Many active physicians nearing retirement age:
Very low to low — 0 percent
Medium — 7 percent
High — 40 percent
Very high — 53 percent

Reliance on few physicians for majority of volume or revenue:
Very low to low — 0 percent
Medium — 7 percent
High — 40 percent
Very high — 53 percent

Low number of physician investors in the ASC:
Very low — 0 percent
Low — 7 percent
Medium — 20 percent
High — 33 percent
Very high — 40 percent

More Articles on Transactions and Valuations:
Medical Facilities Corp. Discloses Dividend for February
Montana Surgery Center CON Bill Dies in House Vote
GOP Legislator Seeks to Repeal Maine's CON Program