Healthcare Appraisers surveyed 15 respondents including representatives of Ambulatory Surgery Centers of America, Birmingham, Ala.-based Surgical Care Affiliates and others on selling minority and controlling interests in surgery centers. Over 700 surgery centers were represented in the report.
Here are 10 statistics to know:
Length of time it takes to sell minority interests
● Less than three months: 27 percent
● Three to six months: 33 percent
● Six months to one year: 40 percent
Length of time it took to identify a buyer for a controlling interest
● Three to six months: 33 percent
● Six months to a year: 67 percent
Who was the buyer of a controlling interest
● Single outside third party: 57 percent
● Single existing owner: 7 percent
● Multiple outside parties: 0 percent
● Multiple existing owners: 0 percent
● Hospital or health system: 36 percent