HealthCare Appraisers' 2018 ASC Valuation Survey provided insight into the ASC market and surgery center characteristics.
Fifteen respondents representing over 700 surgery centers in the U.S. responded to HealthCare Appraisers' survey.
Respondents shared input on management fees:
Typical management fee rate for ASCs as a percentage of net revenue
1. 3 percent: 27 percent
2. 4 percent: 13 percent
3. 5 percent: 40 percent
4. 6 percent: 20 percent
Respondents who have minimum annual management fees
5. Have minimal fees: 53 percent
6. Don't have minimal fees: 47 percent
Respondents whose management fee charges vary based on revenue
7. Charges vary: 40 percent
8. Charges don't vary: 60
Revenue thresholds at which management fees decrease
9. Less than $500,000: 33 percent
10. $500 million to $749,999,000: 33 percent
11. $750 millionto $999,999,000: 17 percent
12. $10 billion to $12,4999,999,000: 17 percent