Practices often start thinking about selling when they lack capital or see volume decrease as the current ownership group ages, according to ECG Management Consultants Partner Sean Hartzell. However, it's important to know what triggers investor interest and whether the…
ASC Transactions & Valuation Issues
Here are eight updates on ASC management companies to note:
Towson, Md.-based SurgCenter Development completed its 30,000th joint replacement since launching the program in 2013.
The American Medical Association plans to examine how the trend of corporate parties purchasing specialty physicians and practices affects care delivered, according to MarketWatch.
Jacksonville Beaches, Fla.-based Baptist Medical Center Beaches recently opened its Wilson Farrell Surgery Pavilion, the Ponte Vedra Recorder reports.
Dayton, Ohio-based Digestive Specialists and Digestive Endoscopy Center opened a new outpatient gastroenterology clinic, also in Dayton, the Dayton Daily News reports.
Dallas-based Platinum Dermatology Partners made further inroads into Arizona when it added Phoenix-based Camelback Dermatology & Skin Surgery to its network.
A diverse revenue base and demonstrable growth opportunities have the potential to significantly improve an ASC's valuation, according to Matt Searles, a partner at ASC advisory firm Merritt Healthcare.
Here are six updates on ASC companies and industry-relevant companies to note:
Nashville, Tenn.-based HCA Healthcare will pay a $0.35 per share dividend to shareholders of record June 29, The Lincolnian reports.
