Most company-managed ASCs generated $5 million to $10 million in revenue, 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.
Average ASC size in net revenue under management:
- Less than $5 million: 23 percent
- $5 million to $10 million: 57 percent
- $10 million to $20 million: 7 percent
- Greater than $20 million: 13 percent
Additionally, when it comes to revenue from out-of-network payer volume, 24 percent of respondents said 1 percent to 10 percent of revenue exceeds their risk tolerance, while 34 percent said 11percent to 20 percent of revenue exceeds risk tolerance.
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