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Whether it's hospitals looking to buy up ASCs from physician-owners or a group of stand-alone surgery centers banding together as one, mergers are becoming increasingly popular in our industry. Perhaps that's because mergers can cure what ails many unprofitable centers nowadays: declining reimbursement, contracting struggles, intense competition and physician-investors unwilling to cover shortfalls. Besides reviewing each center's payor contracts to determine how a merger may impact your side, here are 5 regulatory and legal considerations physician-investors need to keep in mind when they move beyond the standard surgery center model of single-facility ownership.
