1. Level to which the ASC relies upon out-of-network reimbursement to generate revenue and earnings (this was the one single risk factor that respondents revealed had the greatest impact) — Very high risk
2. Expected growth in future periods — Very high risk
3. Non-compete covenants with physician owners — Very high risk
4. Existence of a certificate of need (CON) requirement — High risk
5. Single payor dominance in the market — High risk
6. Hospitals in the market who are actively employing surgeons/specialists — High risk
7. Concentration of patient volume/revenue from a single payor — High risk
8. Contracting leverage with major payors in the market — High risk
9. Facility location (patient/physician convenience) — High risk
10. Existence of mandatory buy/sell provisions — High risk
Information comes from VMG Health’s ValueDriver ASC Risk Assessment Survey. VMG Health is a leading valuation and transaction advisory firm in healthcare. To receive a complimentary copy of VMG Health’s ValueDriver ASC Risk Assessment Survey, click here.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.