ASC Transactions & Valuation Issues

Jason L. Ruchaber, CFA, ASA, principal with HealthCare Appraisers, discusses three ways an ASC can increase its value when preparing for or considering a sale to a corporate or hospital partner.

NovaMed has announced results for the second quarter ended June 30, reporting a 2 percent decline in total net revenue over the prior year second quarter.

Ellen Johnson is COO of Facility Development & Management in Orangeburg, N.Y., which develops and manages ASCs in New York, New Jersey and Florida. She discusses six trends affecting ASCs.

United Surgical Partners International has announced its second quarter of 2010 financial results, highlighted by systemwide revenue growth of 7 percent and an increase in EBITDA less noncontrolling interests of $1.8 million over the prior year period.

Jon Vick is president of ASCs Inc. in Valley Center, Calif., which advises physician-owners of ASCs on forming strategic partnerships with ASC companies and hospitals. Here he identifies eight changes affecting ASCs in the next 5-10 years.

What management services do ASC management and development companies offer for the centers they manage? Here's a breakdown of how likely a company is to offer seven different services, according to HealthCare Appraisers' 2010 ASC Valuation Survey, which includes responses…

Surgical Care Affiliates has announced it has entered in a joint-venture agreement with West Coast Endoscopy Center in Clearwater, Fla.

Processes and requirements of feasibility studies have evolved due to changes in bank underwriting requirements and institutional investor knowledge, says David Thoene, managing member of Medical Surgical Partners. He provides eight facets of a feasibility study.

HealthCare Appraisers ahs announced the opening of a new office in Wayne, Pa., located near Philadelphia.

Kevin McDonough, senior manager at the Dallas office of VMG Health, makes nine points on transactions and valuations of ambulatory surgery centers.