Becker’s 19th Annual Pain and Orthopaedic Conference Takeaways

Representatives of ASCs Inc. recently presented at the Becker’s 19th Annual Spine and Orthopaedic Conference held June 16-22, 2022 in Chicago. The following article includes excerpts from two presentations:  Jim Freund, Managing Partner of ASCs Inc. was on panels addressing Is it the Right Time to Sell? What Happens Next? And ASC Management and Transactions: Big Trends for 2023 Jason [...]

July 11th, 2022|News, Strategic Partnering|

Florida Urology Center Enters into Partnership with US Urology Partners

PALM COAST, Fla., July 7, 2022 /PRNewswire/ -- ASCs Inc. is pleased to announce that Florida Urology Center and Physicians Ambulatory Surgery Center has entered into a partnership with U.S. Urology Partners. "Florida Urology Center's mission of providing quality, affordable and compassionate care to its patients was the basis on which we founded our practice and our surgery center," states Dr. Greg Parr, [...]

July 7th, 2022|News, Strategic Partnering|

Is your healthcare organization considering a strategic transaction? 7 Qs with Jim Freund of ASCs Inc.

Healthcare transactions increased in the last year, with physician medical group deals jumping 119 percent year over year, according to a PwC report. The COVID-19 pandemic stressed many smaller physician-owned practices, and costs to run ASC businesses aren’t likely to drop any time soon. Many physicians are looking to merge with other independent physician groups, sell to a private equity [...]

National Management Company Purchases Modesto Surgery Center

February 15, 2022 — ASCs Inc. is pleased to announce that the physician-owners of the Modesto Surgery Center have sold the ASC to a national Surgery Center Management Company and a syndicated group of surgeons. The physician-owners of the single-specialty ASC were seeking an exit strategy and a buyer for the ASC business that could provide the resources needed to [...]

February 15th, 2022|News, Strategic Partnering|

National Hospital System Acquires Northridge Surgery Center

February 1, 2022 — ASCs Inc. is pleased to announce the sale of the Northridge Surgery Center to a national hospital system that is focused on expanding its outpatient footprint to support their growth initiatives. The owners of the new multi-specialty ASC, with three operating rooms and located in a prime location in Northridge, CA, wanted to consider multiple options [...]

February 1st, 2022|News, Strategic Partnering|

Newport Multi-Specialty Surgery Center sold to a Regional Healthcare Organization

January 19, 2022 — ASCs Inc. is pleased to announce the sale of Newport Beach Multi-Specialty Surgery to a regional surgery center management company that is focused on expanding its platform throughout Southern California. The multi-specialty ASC, with three full operating rooms, is located in a prime location in Newport Beach and has been operational for 20 years. The founding [...]

January 19th, 2022|News, Strategic Partnering|

How Much Is Your ASC Worth?

Learning your surgery center’s value can help with short- and long-term planning After ASC owners engage ASCs Inc. in Valley Center, California, to help facilitate a sale, the process they follow involves collecting significant due diligence material and developing a confidential information memorandum (CIM), says Jonathan Vick, the company’s founder and managing partner. This document shares financial and operational information about the ASC [...]

August 12th, 2021|Real Estate, Strategic Partnering|

Trends in Surgery Center Mergers and Acquisitions for 2020

Jim Freund, senior partner at ASCs Inc. and Becker’s Healthcare very first vendor partner more than 25 years ago, sat down with Laura Dydra, the editor-in-chief of Becker’s ASC Review, to discuss the current status of the the M&A space since COVID-19. Click here to read the entire article at Becker's ASC Review. Topics include: What is your sense of [...]

October 15th, 2020|Strategic Partnering|

The ABCs of selling ASCs

For surgery center owners, at some point you will likely consider selling an interest in your practice, ASC and/or real estate. While the motivations are different for everyone, as are the expectations, there are certain aspects of any transaction that are vitally important to consider before you embark on the sales process. A is for AWARE. Be aware that while this [...]

December 19th, 2019|Strategic Partnering|

Helping Physician-owners Sell Their ASC business

Given that many physicians who have sold their ASCs to a strategic partner (ASC management company, hospital or private equity firm) have done so by themselves, physician-owners of ASCs may be interested in better understanding what goes into a successful transaction and what to look out for. Here, Jon Vick, founder and president of ASCs Inc., and Jim Freund, partner [...]

February 14th, 2019|Strategic Partnering|

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 [...]

March 27th, 2018|Archive, Strategic Partnering|

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 [...]

February 12th, 2018|Archive, Strategic Partnering|

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 [...]

February 5th, 2016|Archive, Strategic Partnering|

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 [...]

January 27th, 2016|Archive, Strategic Partnering|

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 [...]

January 15th, 2016|Archive, Strategic Partnering|

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 [...]

August 1st, 2014|Archive, Strategic Partnering|
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