Jon Vick, president of ASCs Inc., a firm in Valley Center, Calif., which advises surgery center owners on strategic partnering and joint ventures, has seen has client base pick up 50 percent over last year's level.
ASC Transactions & Valuation Issues
Even when the real estate market was soaring, David J. Shuffler, managing partner of Practice Valuation Group was a stalwart advocate of leasing real estate for an ASC rather than owning it. Here the Asheville, N.C., valuation guru explains why…
The following white paper was written by Blayne Rush, president of Ambulatory Alliances. It's the first day of your long-awaited, much-anticipated Scottish links tour. You inhale deeply, contentedly — enjoying the light scent of sea salt, peat, and heather as…
Greg Koonsman is a senior partner at VMG Health, a valuation and financial advisory firm. Q: My ASC is looking to bring in some physician-investors but we think the fair market value of what they would need to invest may…
Medical Facilities Corp., which owns controlling interests in four specialty surgical hospitals, located in South Dakota and Oklahoma, as well as two ASCs in California, reported a strong second quarter in 2010, with profits of $2.5 million compared to a…
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Wisconsin-based ProHealth Care is selling its ASC located on the Community Memorial Hospital campus in Menomonee Falls, Wis., to Milwaukee-based Froedtert & Community Health, according to a report in The Business Journal of Milwaukee and a news release on the…
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.