ASC acquisitions may increase over the next 12 months, according to the 2019 ASC Valuation Survey by HealthCare Appraisers.
HealthCare Appraisers and the Ambulatory Surgery Center Association collected data from 26 companies, including ASC management companies, investment bankers and business brokers to compile its report.
Three statistics on ASC acquisition activity:
1. Fifty-three percent of respondents report planning to purchase one to five ASCs or interest in an ASC in the next 12 months. Fourteen percent plan to purchase six to 10 centers, and 10 percent plan to purchase 11 to 15 and 16 to 20.
2. Sixty-three percent of respondents feel competition for ASC acquisitions is increasing, while 30 percent said they have seen no change from the year prior.
3. Fifty-seven percent report observing ASC acquisitions increasing in the past year, while 23 percent didn't see a change from the previous year.