Mr. Dameron shared the following insight on the law firm’s blog:
“Profitability of a surgery center is complex, and the forecast you’re given isn’t always accurate from an income standpoint. … make sure you have enough surplus in your budget that you can cover most of the buy-in loan — maybe all [of the buy-in loan], if it’s a new surgery center and isn’t yet profitable — and not rely on the surgery center income.”
More articles on transactions/valuation:
Northeast Georgia Medical Center Braselton building ASC — 5 insights
10 ASC closures in the past year, and the reason why
What multispecialty physician groups should know about ASC ownership — 4 insights
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.
