Value is tough for an ASC to create but it’s rather easy to destroy.

From mistakes in formation to mistakes in operation, each impacts an ambulatory surgery center’s valuation and whether or not it’s even a candidate for a deal.

In this episode, we discuss common mistakes that surgery centers make that render their facility less attractive for investment.

There are two ways to look at culture in connection with ASC M&A, and both are also factors on the operational level.

The first is the existing culture within the ASC prior to the point that the surgeon owners consider partnering with an investor/operator like American ASC Partners.

The second is the culture clash that often occurs when existing facilities do deals with PE-backed or large, corporate-type consolidators.

In this episode, Mark discusses the problem of culture clash in healthcare M&A.

A commercial jetliner has only so much space on the runway in order to take off. After that, it’s . . . “crash”.

The same holds true for ASCs in terms of the timing to groom them to attract outside investment. And, that’s before taking into account the impact of rising interest rates and their negative impact on valuation.

In this episode, Mark discusses an increasingly common error that surgeon-owners make, something that he calls “running out of runway”.