Physicians Practice May 21, 2024
The decision to buy into a surgery center can be daunting at any stage of your career as a physician. It is critical to understand whether this decision is something you can realistically take on, given your current financial state.
What is a surgery center?
While you likely already know what a surgery center is if you are looking into buying one, it always helps to have more information, especially where investments are concerned. Surgery centers, also known as ambulatory surgery centers (ASCs), are licensed outpatient facilities that are predominantly physician-owned. They are licensed, freestanding entities generally smaller than a hospital and often specialize in a particular procedure. Due to the outpatient categorization for the procedures provided at these facilities,...