The number of mergers and acquisitions among hospitals and hospital systems dropped significantly in 2009 to 52 deals worth a combined total of $1.7 billion from 60 deals worth a combined $2.6 billion in 2008, according to data released by…
ASC Transactions & Valuation Issues
Q: What is the one factor that can dramatically affect the value of an ASC?Jon Vick: The methodology used in the valuation process can have a dramatic impact on the value determination of your center. More hospitals are looking to…
As healthcare facility operators grapple with the effects of a slowed economy and prepare for possible fallout from national healthcare reform, Michael Karnes, the co-founder and CFO of Regent Surgical Health, discusses here several key factors driving ASC valuations.
A new survey of hospital CFOs by Merritt Hawkins, a physician search firm, shows that hospitals typically earn 5 to 10 times more in revenue from employed physicians than what they pay them in salaries.
When community hospitals go up for sale, the price is based primarily on current earnings, so it is important to maximize those earnings before sale, according to Jim Rolfe, a managing director for transactions at Dallas-based VMG Health.
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Here are five tips for physician owners to increase the value of a surgery center before a sale, according to Jon Vick, president, ASCs, Inc.
Here are the average and median percentages for labor costs as part of net revenue, according to VMG Health's 2009 Intellimarker.
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…