Whether preparing to sell a majority ownership or shares to a new physician investor, the time before the transaction is crucial.
The first step to take when considering sale to a strategic partner is working to increase the ambulatory surgery center's value.
"It's always good to be thinking about increasing the profitability and consequently the value of the center, which, in addition to being the 'low cost, high quality' provider, are some of the reasons physicians set up centers in the first place," said Jon Vick, president and founder of ASCs Inc., in a recent Becker's ASC Review article.
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The first step to take when considering sale to a strategic partner is working to increase the ambulatory surgery center's value.
"It's always good to be thinking about increasing the profitability and consequently the value of the center, which, in addition to being the 'low cost, high quality' provider, are some of the reasons physicians set up centers in the first place," said Jon Vick, president and founder of ASCs Inc., in a recent Becker's ASC Review article.
More Articles on Transactions and Valuation Issues:
6 recent ASC acquisition & affiliation agreements
ASC physician succession planning in uncertain times: Critical thoughts for the future
AmSurg revenue up 5%: 7 Q2 financial report highlights