ASC Transactions & Valuation Issues

This article focuses on the pricing by companies that purchase majority interests in ambulatory surgery centers (ASCs). Currently, there are three public companies that buy majority interests in ASCs and eight to ten private companies that fit into this category. …

Here are the median EBITDA margins for surgery centers by net revenue depending on the ASC's annual case volume, according to VMG Health's 2009 Intellimarker.

Standard & Poor's and Moody's have both reaffirmed strong bond ratings for North Carolina Baptist Hospital in Winston-Salem, a major financial component of Wake Forest University Baptist Medical Center, citing the hospital's current positive focus on integrating management, governance and…

Andrew Hayek, president & CEO, and Joe Clark, executive vice president and chief development officer, of Surgical Care Affiliates discuss the ASC transaction market and SCA's considerations for acquiring centers. During its time as an affiliate of HealthSouth, SCA acquired…

Here are the average and median EBITDA margins for surgery centers by net revenue, according to VMG Health's 2009 Intellimarker.

Mergers and acquisitions among hospitals were down 13 percent in 2009, and dollar volume of the transactions was down 35 percent, according to a news release from Irving Levin Associates.

Q: How are hospitals still feeling the effects of the economic downturn?Dave Felsenthal: States are still struggling, and many states don't have the money to fund state-run Medicare and Medicaid programs. Often they can't pay the bills immediately, so this…

Co-management arrangements are relatively new pay-for-performance programs whereby hospitals engage physicians to manage and improve entire hospital service lines (e.g., cardiovascular, orthopedics, etc.). These arrangements place emphasis on achievement of pre-established quality and performance metrics and can offer significant improvements…

Here are the median amounts of cash, net accounts receivable and working capital for surgery centers and their relative percentages of total assets, based on the number of operating rooms at a facility, according to VMG Health's 2009 Intellimarker.

Heritage Community Initiatives, successor of the Heritage Health Foundation, could receive $3 million from its 1996 sale of Braddock (Pa.) Hospital to the University of Pittsburgh Medical Center if a U.S. District Court rules that the hospital was sold for…