Selling a Portion of Your Center
Realizing Your Center’s Value Through Partnership
You and your surgery center physician partners took the first difficult step: You established an ambulatory surgery center (ASC). Now, for any number of reasons, you are interested in learning more about finding another partner for your center. Thank you for considering AmSurg.
We are pleased you are considering AmSurg as a potential investor and partner in your center. As a surgery center pioneer and the largest owner and operator of surgery centers in the nation, we have the experience, expertise and focus you need in a partner.
When you sell a portion of your center to AmSurg, you become a member of our partnership family, a family that is more than 1,800 physicians strong. You have access to a cadre of talented individuals and resources to help improve your center’s operational efficiencies, maintain high quality standards and drive patients to your center while you focus on your career and your practice.
How does a partnership with AmSurg work? Each center is unique, and we do not believe in a "cookie-cutter" approach to relationship building. We will work with you and your partners directly to develop a mutually beneficial partnership. Usually, our partnerships follow these steps:
Evaluating The Opportunity
If you are interested in selling a portion of your center to AmSurg, you need to know your center’s market value. We determine your center’s value by multiplying the profit of the center by the current surgery center industry multiple. If you contact us, we can give you a quick and fair assessment of your center’s value.
Creating a Partnership
When creating a partnership, our goal is the same as your goal: to make the center successful. Therefore, we work closely with you to develop and support a mutually beneficial partnership.
When you partner with AmSurg, you will retain 49 percent of the center’s ownership and AmSurg will become a 51 percent owner. While this makes AmSurg the majority stockholder, the governance of the center is delegated to a consensus operating board with equal representation between the physician owners and AmSurg.
Realizing Your Center’s Value
When you enter into a partnership with AmSurg, you realize the value of your center now. At closing, we pay 100 percent of the purchase price in cash to you and your partners. This allows you to be paid now for several years’ worth of earnings in today’s dollars. There can be tax benefits to selling partial ownership now. Your one-time payment dollars are typically taxed at a lower capital gains rate versus your ongoing distributions, which are taxed as ordinary income.
Ensuring Your Center’s Success
It is important to note that our investment in the surgery center goes beyond the initial purchase price payment. We are committed to creating mutually beneficial relationships with our physician partners. For example, with each partnership AmSurg dedicates a team of clinical, business and operations experts to your center. This dedicated team works with you and your center to maximize operational efficiencies and increase center profitability, while also maintaining the highest quality patient care and satisfaction. Our business focus allows you to go back to what you enjoy doing – working with patients.
Not every nuance of an AmSurg partnership agreement can be covered here. You will find answers to more questions in Partnership Basics. We also encourage you to learn more about the AmSurg Advantage - the specific, unique benefits we can offer you and your center.
We know that every partnership starts with a conversation. We encourage you to contact us by phone at 877-741-0085 or email.