Is Now the Right Time to Sell Your ASC Operations?
For many physician-owners, selling their ambulatory surgery center is the single largest liquidity event of their career. With industry consolidation at all-time highs and private equity actively acquiring top-performing centers, today may be the most strategic moment to capture value — not years later.
Why ASC Partners Choose to Sell
Unlock the value you’ve built
Convert trapped equity into cash for retirement planning, investment diversification, or wealth protection.
Reduce future risk
Shield your personal net worth from declining reimbursements, inflationary supply costs, staffing shortages, and shifting case volumes.
Capture premium valuations
Strategic buyers are currently paying peak multiples for high-performing ASCs — especially when physician partners remain engaged.
Fuel future growth without personal capital
A sale can provide capital for facility expansion, new specialties, new equipment, and stronger payer contracts — without partners writing personal checks.
Reduce administrative burden
Shift HR, billing, compliance, and management responsibilities to a professional operator while maintaining clinical leadership.
When to Sell — Timing Matters
Most physicians assume they should sell at retirement. In reality:
The highest total lifetime value is achieved when selling 5–10 years before retirement — not at retirement.
Selling too late can reduce valuation because buyers know volume may leave with the retiring partners.
Optimal timing triggers include:
✔ 5–10 years before planned retirement
✔ Facility growth opportunities require capital
✔ Younger physicians are slow to buy in
✔ Increased competitive pressure or payer tightening
✔ Partners are looking to de-risk and simplify management
What a Sale Doesn’t Mean?
Selling does not mean giving up:
– Clinical autonomy
– Control over patient care
– Ownership entirely
Most transactions allow physicians to:
✓ Keep partial ownership
✓ Continue practicing
✓ Continue chairing committees and guiding culture
The Bottom Line
Selling an ASC isn’t just about retirement — it’s about protecting and maximizing the value you spent years building.
When timed and structured correctly, a sale can create liquidity today, support growth tomorrow, and secure your legacy long into the future.
Want to explore what your ASC might be worth?
Confidential, no-obligation valuation discussions available for ASC partners seeking options.
The right guidance can help you unlock capital while ensuring your control of your ASC business and property. Physicians can obtain more information about valuation and sales of ASC businesses and real estate by contacting Jon Vick ([email protected]), founder of ASCs Inc., at 760-291-7745 or Jason Winokur ([email protected])