1. Lack of adequate non-compete covenants with physician owners:
Very high impact: 53 percent
High impact: 27 percent
Medium impact: 7 percent
Low impact: 0 percent
Very low impact: 13 percent
2. Lack of mandatory buy/sell provisions (upon retirement, death, disability, etc):
Very high impact: 27 percent
High impact: 40 percent
Medium impact: 7 percent
Low impact: 7 percent
Very low impact: 20 percent
3. Lack of partnership eligibility requirements (safe harbor, etc.):
Very high impact: 7 percent
High impact: 21 percent
Medium impact: 21 percent
Low impact: 29 percent
Very low impact: 21 percent
4. ASC ownership structure (LP, LLP, LLC, etc.):
Very high impact: 0 percent
High impact: 0 percent
Medium impact: 14 percent
Low impact: 29 percent
Very low impact: 57 percent
5. Overall impact on value:
Structure: Very low impact
Eligibility: Low impact
Buy/sell provisions: High impact
Non-compete: Very high impact
Learn more about VMG Health.
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.