Randall H. Lee, Member of the Firm in the Health Care & Life Sciences practice, in the firm’s Newark office, authored a 2023 Thomson Reuters Practical Law Practice Note, titled “Physician-Owner Considerations for Selling Ambulatory Surgery Centers.” (Read the full version – subscription required.)
Following is an excerpt:
A Practice Note exploring legal and financial issues for physician-owners to focus on when pursuing an M&A transaction involving a sale of ambulatory surgery centers (ASC). This Practice Note discusses material factors physician-owners should consider when selling a portion of their ASC interest to an institutional buyer, such as a hospital, health system or an ASC management business.