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Sell
Your Surgery Center
What ASCs Inc. will do for you and your surgery center*:
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Interview surgery center owners to develop specific
goals, exit strategies, etc.
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Identify
sales options and alternatives, pros and cons, for sellers
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Collect due diligence materials and create surgery center
sales prospectus
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Develop ASC valuation, growth opportunities, and pricing
recommendations
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Develop
sales strategy; identify best buyer prospects: ASC company
or hospital
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Obtain
signed confidentiality agreements from potential buyers
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Prepare
and distribute Opportunity Summary to best qualified
prospects
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Deliver
and review Sales Prospectus with interested prospects
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Organize
surgery center site visits and company presentations
for owners
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Coordinate
Letters of Intent, Term Sheets, and purchase proposals
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Review and advise on deal points and terms of deal
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Leverage
offers to obtain highest multiple and best terms
*Note: ASCs Inc. provides these services on a contingency
basis with no retainer and no transaction fee unless seller
accepts an offer solicited by ASCs Inc.
ASCs
Inc. markets your surgery center to the right buyers:
Most
surgery center owners want the highest price for their surgery
center and a corporate partner that will grow the business
and its profits. Whether you are selling a minority or majority
interest, you want to sell to a partner with a track record
of success that places a high value on your surgery center.
With over 30 surgery center companies interested in investing
in surgery centers, selecting the right buyers makes all
the difference between an average price and a premium price.
By selecting the right prospective buyer, sellers will realize
a higher selling price and a partner that increases profits
and distributions. ASCs Inc. advises and assists
surgery center owners so that their center is professionally
marketed to leading surgery center companies that are looking
for specific types of centers. ASCs Inc. helps surgery
center owners maximize the selling price by creating a competitive
environment and by marketing the surgery center to the buyers
that want to invest in your type of center.
Sell
to a local hospital?
It often makes sense to consider selling your surgery center
to the local hospital, or a 3-way deal with a hospital and
a surgery center management company. Recently we have been
helping clients form 3-way partnerships with ASC management
companies and hospitals so their centers can realize significant
increases in facility fees by accessing hospital contracts.
To get the highest value, it is advisable to initially obtain
purchase proposals from several leading surgery center companies
so you will know the true market value of your surgery center.
In a 3-way deal, the ASC management company usually agrees
to buy 51% and then brings in a hospital partner that it
shares ownership with so the physicians continue to own
49% and have the "best of both worlds". The management
company provides ASC management services so that the center
retains its efficiency and economies while the hospital
provides access to its contracts that are typically 20%
to 40% higher than the ASC's, and the 3-way deal results
in higher revenue and profits from the current caseload.
ASCs
Inc. negotiates with the ASC management companies and
with the hospital on your behalf and will seek competitive
bids so that you will benefit from a higher price and better
deal terms.
Benefits of engaging ASCs Inc.:
ASCs Inc. knows which companies will place the highest
value on your surgery center and how to present your surgery
center growth opportunities so they represent increased
value. This know-how plus our process of soliciting competitive
proposals from the right surgery center buyers results in
premium priced purchase proposals. Our process results in
sales at higher prices from buyers than sellers can obtain
on their own. We expect to significantly increase the purchase
price of your surgery center. And if we don't bring you
an offer that you find attractive, accept, and close on,
there is no transaction fee! Our surgery center valuation
experience and competitive bidding process result in superior
offers because we market your surgery center to the right
buyers at the right time when they are willing to pay a
higher price.
How much does it cost to have ASCs Inc. assist in
selling your
surgery center?
ASCs Inc. earns a small transaction fee, as specified
in our Engagement Letter, when a transaction closes. There
is no retainer and no other fees or expenses paid to ASCs
Inc. If there is no closed deal, there is no transaction
fee. Our goal is to increase your selling price so that
our transaction fee is negligible compared to the increase
in your selling price.

For
more information and to discuss your goals and how we can
help you achieve them, contact: Jon Vick, President,
ASCs Inc., at 760-751-0250
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