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.
ASC Transactions & Valuation Issues
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.
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…
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.
