Healthcare, Education & Personal Services · Buyer guide

Buying an Ambulatory Surgery Center business

Published · Reviewed by The Diligence Standard Team · Updated

an Ambulatory Surgery Center can look attractive on headline earnings while business-specific operating, compliance, people or transferability risks materially change what a buyer actually owns.

How the business works

Case volume, physician relationships, payer mix, facility accreditation, staffing, implant/supply cost and ownership structure determine value.

Risks to test

  • Physician concentration
  • Accreditation/licensing
  • Payer reimbursement
  • Clinical staffing
  • Supply/implant costs
  • Ownership/referral compliance

Evidence to request and reconcile

  • Case volume by physician/procedure
  • Payer/collections reports
  • Accreditation/licenses
  • Staff credentials/payroll
  • Supply/implant spend
  • Compliance/audit history

Decision questions

  • Which physicians drive cases?
  • What licenses/accreditation transfer?
  • What payer changes matter?
  • How profitable are procedures after supplies?
  • What compliance issues exist?