Maturing ambulatory surgery center environment provides opportunities for BV practitioners

BVWireIssue #103-2
April 13, 2011

During last week’s BVR webinar, Ambulatory Surgery Centers: Current Valuations, Benchmarking & Forecasting, Todd Sorensen and Kevin McDonough (VMG Health) identified an overall maturation of the industry. Over the past two to three years the economic downturn has had a negative effect on ASC volumes and overall financial performance, and managed care and Medicare reimbursement pressures have increased.  However, while “there is a little bit of an unknown right now, the good thing for those of us in the appraisal industry is that any time there is uncertainty, there is increased transaction activity and consulting opportunities,” McDonough remarked.

In the recent issue of the ASCReview, Rob Kurtz asked Stephen Rosenbaum (Interventional Management Services)why would an ASC management and development company prefer either a majority stake or minority stake in an ASC?” In the article “Why Surgery Center Management Companies Purchase Majority vs. Minority Stakes” Rosenbaum provides answers for both minority and majority interest acquisitions.

Valuing any type of healthcare entity is challenging in today’s changing economic and regulatory environment. Join James Pinna and Matthew Jenkins (Hunton & Williams) for  “The Anti-Kickback Statue and Stark Law: Avoiding Valuation of Referrals” webinar on April 26.  The two attorneys will discuss pertinent healthcare regulations and provide insights on how to avoid the valuation of referrals.

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