Blaine J. O'Connell, senior vice president and CFO for Froedtert & Community Health, has announced his plans to retire at the end of the year, following a 30-year career in healthcare. He joined the organization in 1993 as vice president…
ASC Transactions & Valuation Issues
Blaine J. O'Connell, senior vice president and CFO for Froedtert & Community Health, has announced his plans to retire at the end of the year, following a 30-year career in healthcare. He joined the organization in 1993 as vice president…
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…
Ochsner Health System has completed its purchase of Slidell, La.'s NorthShore Regional Medical Center and its ASC, according to a report in New Orleans CityBusiness.
In the wake of healthcare reform's passage, two major deals involving the possible acquisition of large non-profit hospital systems by for-profit firms have been announced: Vanguard Health Systems' acquisition of eight-hospital Detroit Medical Center and private equity firm Cerberus Capital's…
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Many hospitals are looking for new opportunities for revenue or ways to increase their access to capital in the current economic environment. Others are looking to reduce costs and improve efficiencies across the board.Selling all or part of a hospital's…
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…
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.