Outpatient Surgery Magazine

Comfy ORs - June 2014 - Subscribe to Outpatient Surgery Magazine

Outpatient Surgery Magazine, providing current information on Surgical Services, Surgical Facility Administration, Outpatient Surgery News and Trends, OR Excellence and more.

Issue link: http://magazine.outpatientsurgery.net/i/330396

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3 1 J U N E 2 0 1 4 | O U T P AT I E N T S U R G E R Y M A G A Z I N E O N L I N E Jerry Sokol, JD, and Danielle Golino, JD LEGAL UPDATE This Transaction Might Be Worth a Tri Hospital-corporate-physician ASC deals benefit all investors. T ri-party ASC deals benefit all 3 of the transac- tion's investors — physicians, ASC man- agement companies and hospital health systems. Based on current trends in the surgical industry, they also appear to be here to stay. Here's an overview of how they work, and how they benefit their partici- pants. The players and the structure Historically, the major investors in the ambulatory surgery center market have been the physicians who performed procedures in surgery centers and the ASC management companies who specialized in optimizing their opera- tional efficiency. When hospitals began moving into ASCs in a big way a few years ago, many observers saw this as a death knell for the management companies. After all, what additional value could these corporate partners bring to the table that an established health system couldn't? Partnering with both a health system and an ASC management company lends physicians the clout and skill sets of both, while still letting them retain a large ownership stake in their facility. OSE_1406_part1_Layout 1 6/6/14 3:44 PM Page 31

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