Dallas, Texas, April 15, 2014 - With the close of 2013, Endoscopy Centers saw their fair share of impacts from the Affordable Care Act (ACA). The developing business aspect of running an Endoscopy Center afforded a transition from basic “mom-and-pop” establishments to full-blown business opportunities.
In an article published by The Ambulatory M&A Advisor, Barry Tanner, CEO and President of Physician Endoscopy, Dr. Robert Leventhal, Medical Director at Naugatuck Valley Endoscopy Center, and Dr. Robert Donachie of Texas Endoscopy, LLC, expand on these changes and more of what took place in 2013.
“In 2013 we saw the M&A activity in the ASC space slow down after a busy and robust 2012,” Tanner said. “The activity appeared to be slower throughout the year however, for the transactions that did get done, the pricing remained relatively unchanged compared to 2012.”
According to Dr. Leventhal, the majority of that M&A activity had more to do with acquisitions.
Dr. Donachie echoed this sentiment, saying, “As far as acquiring other companies, some practices are starting to diversify into other niche practices. I would say that there’s a steady interest in the physicians in diversifying themselves in ownership.”
To read the full article, called “Endoscopy and 2013: A Look Back,” visit The Ambulatory M&A Advisor at www.ambulatoryadvisor.com.
The Ambulatory M&A Advisor a publication that covers business, legal and transactional updates and insights around ambulatory care center M&A. It focuses exclusively on topics for those interested in mergers and acquisition tactics, strategies, processes, dealmakers and the interrelated activities of buying and selling outpatient care and endoscopy centers. While other media outlets publish on these topics, The Ambulatory M&A Advisor looks to establish itself as the premier source of thought leadership from healthcare brokers, investment bankers, lawyers, corporate acquisitions and management professionals, private equity professionals, physician owners, and lenders.
The Ambulatory M&A Advisor is sponsored by Ambulatory Alliances, LLC; a healthcare investment banking firm that specializes in selling endoscopy centers for their maximum sales price multiple.
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