When selling minority interests in an ASC to new physician investors, it typically takes between three and six months to identify the buyer and consummate the sale, according to HealthCare Appraisers' 2017 ASC Valuation Survey.
The data is based on a survey of 24 respondents representing more than 700 surgery centers in the U.S.
Here are eight statistics on the length of time it takes to identify a buyer and consummate the sale, both as an overall average and for controlling interests sold in the last year.
Estimated average length of time
1. Less than three months: 18 percent
2. Three to six months: 55 percent
3. Six months to one year: 27 percent
4. More than one year: 0 percent
Length of time for controlling interests sold during the last year
5. Less than three months: 0 percent
6. Three to six months: 22 percent
7. Six months to one year: 56 percent
8. More than one year: 22 percent