Merritt Healthcare is pleased to announce that Cullman Surgery Center has sold a majority interest to Cullman Regional Hospital, a leading regional healthcare provider in northern Alabama. CSC, is located in Cullman, Alabama. CSC engaged principals of Merritt to market their interest in the facility and advise CSC during the…
By Anna Devine, Becker’s ASC Review Let’s start with when should a physician consider selling an interest in their center? We don’t believe there is a single right answer to this question. There are a lot of factors that go into selling an interest in a business and while at…
Achieving higher outpatient surgery center valuation and financial performance through benchmarking Anchors. Sutures. Surgical gloves. These items may be small, but their impact on your bottom line can be big. Medical and surgical expenses comprise nearly 30 percent of an ambulatory surgery center (ASC)’s total expenses, making them the second-biggest…
Achieving higher surgery center valuation, financial performance through operations benchmarking $31.37 per hour. That’s the average total cost of employing a healthcare worker today in the United States, an amount that includes everything from wages and health insurance—which only make up about two-thirds of the overall costs—to taxes, vacation time…
Written by Matthew Searles Merritt Healthcare Advisors www.merrittadvisory.com By any objective measure, the ambulatory surgery center (“ASC”) market has experienced increased activity in the last several years. The increase in activity, and competition for strong acquisition candidates, is driven by general macroeconomic trends supporting and encouraging high quality care at…
Achieving higher outpatient surgery center valuation and financial performance through benchmarking For physicians considering selling their ASC, even if it’s only a distant consideration, analyzing and optimizing expenses is an important step in achieving the highest sale price for your business and improving near-term financial performance. This process starts with…