Selling a Surgery Center
1. When is the right time to sell equity in your center, and how will a potential increase in the capital gains tax impact these transactions?
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Can Selling an ASC's Real Estate Enhance the Surgery Business?: An interview with Lt. Col. Bruce Bri
The business concept of selling your ASC building, then renting it from a real estate investment company such as The Sanders Trust, is an interesting one. An excerpt of an interview with Bruce Bright, the director of business development for The Sanders Trust, follows below. To see the full text in the Jan./Feb. issue, be sure to subscribe to Becker's ASC Review.
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Physician ownership in hospitals and ambulatory surgery centers remains a relatively surefire method of protecting a portion of a facility's revenues. Implementation of a plan to broaden physician ownership requires compliance with legal and regulatory schemes. This article discusses the prototypical business terms of such transactions, outlines the process for completing such syndications, and analyzes the legal statutes that must be complied with in implementing the effort.
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The market for selling a surgery center remains very hot as several companies continue to buy surgery centers. Further, a great number of owners of surgery centers increasingly express interest in selling a portion of their surgery center to obtain partial liquidity for their investment.
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