24
2018 ASC VALUATION SURVEY RESULTS
HealthCare Appraisers
In the past year, what best describes your observations in the
ASC marketplace related to acquisition activity?
Q.
In the past year, what best describes your observations related
to competition for acquisitions?
Q.
No Change From
Previous Year
Decreasing
27
%
33
%
40
%
Increasing
No Change From
Previous Year
Decreasing
47
%
13
%
40
%
Increasing
At what percentage of total revenue does out-of-network volume
exceed your risk tolerance?
Q.
20%
40%
60%
80%
Do Not Have Threshold With
Respect To Out-Of-Network
47
%
33
%
20
%
0
%
0
%
How does your company adjust valuation models/pricing for
out-of-network centers?
Q.
Convert Revenue To
In-Network For Modeling
Purposes And Then
Determine Value/Price
Apply A Higher Risk
Factor/Discount
Rate To Projected
Out-Of-Network
Model
73
%
7
%
20
%
Adjust Valuation
Multiples
Downward