What’s new in ASC strategic partnerships in 2018?
Why do some centers command values well above other similar centers? How can you realize maximize value for your center? Demand for centers has increased. ASC management company and local hospital interest in investing in all types of surgery centers continues to be very high, with multiple buyers competing to buy centers. After over 30 years of management companies investing [...]
Maximizing the Value of Your Surgery Center in 2018
Some physician-owners of surgery centers wonder: Why do some centers command values well above other similar centers? How can I maximize the value of my center? Many physician-owners of ASCs have considered selling an interest to an ASC management company and/or hospital but their centers may not be prepared to attract the highest possible offers. The information below is intended [...]
Why sell and leaseback your ASC/MOB real estate?
At the Becker’s ASC Review 24th Annual Meeting: The Business and Operations of ASCs, in Chicago on October 26-28, 2017, a seminar on How to maximize the value of your ASC/MOB real estate and defer taxes in a sale/leaseback was presented. Following are questions and answers from that seminar. Why sell and leaseback my ASC/MOB real estate? Many physicians who [...]
Multi-specialty ASC real estate sells for 6 Million
J.H. WINOKUR, INC., of White Plains, New York, in association with ASCs Inc. of Valley Center, California, brokered the sale of the real estate of the Dublin Surgery Center, located in Dublin, Ohio. The Dublin Surgery Center is a 14,416 square foot multi-specialty ambulatory surgery center with four operating rooms and two procedure rooms. The Dublin Surgery Center physicians partnered [...]
How to create a strategic partnership with a hospital
There can be significant benefits to having a hospital as a partner for a surgery center, as long as the terms of the partnership are beneficial for the surgery center. If the partnership is not beneficial a center may find that it has sold equity to a non-producing partner and this can prevent the physician-owners from achieving their long term [...]
What Do ASC Buyers Look for in Potential Acquisitions?
Jon Vick of ASCs Inc. gives a detailed picture of the ambulatory surgery center buyer’s market, what qualities buyers look for in potential ASC acquisitions and how ASC leaders can position their centers to attract the right buyers. Question: Who are the primary buyers in the current ASC market? To find out the answer to this question, and more, click [...]
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 [...]
4 Smartest Things ASC Owners can do Today when Preparing for sale
When physicians decide to open an ASC, business success is top of mind. Conducting present business in a way that maximizes future business, however, is a priority that can escape those who are not extremely planful. Here are four of the smartest things ASC owners can do today to maximize future gains from the sale or transfer of various parts [...]
What ASC Physician-Owners Need to Know About ASC Real Estate Sales & Leasebacks
Oftentimes ambulatory surgery center physicians own not only their center, but its real estate as well. Jonathan Vick, founder and president of ASCs Inc., answers questions on successfully selling ASC real estate and obtaining favorable leases for the buildings. Question: When does it make sense for ASC physicians to consider a lease back transaction for their center? To find out [...]
Selling ASC Real Estate: 5 Things to Know for Flawless Transactions
Ambulatory surgery center physicians often own the ASC’s business and real estate. “Over the last year the stars have aligned so that owners of ASC/medical office building real estate can now sell at a very attractive price, get cash for their real estate, lease back the ASC at market rate rent and realize significant tax advantages,” says Jonathan Vick, founder [...]