The ASC Group was founded by John White, a serial entrepreneur. John developed and sold a software company to General Electric; created and sold a package design and engineering firm to a Chinese manufacturer; and founded Mobilegs, a medical device company which he sold to a private equity group. The primary customer base for Mobilegs is ambulatory surgery centers (ASCs)
John developed a deep understanding of the factors impacting ASC’s through his work with McKesson, the initial distributor of Mobilegs. Through countless calls on hundreds of ASC’s, John developed strong relationships with physicians and came to understand the complex relationship between ASC’s, medical practices and medical real estate.
The physicians who built these practices have a unique set of assets and consequently a unique set of issues to consider as they plan for retirement in a rapidly changing healthcare delivery system.
Physicians are the entrepreneurs of medicine, innovating and collaborating, consistently focused on their patients. Our focus is to help older private practice physicians maximize the value of their assets when planning change-of-control transactions.
One option often overlooked when retiring, is selling a to younger physicians. This could be the healthiest option as we all understand the importance of private practice owned by physicians to the delivery of healthcare in the United States.
As a selling physician, you are properly rewarded when selling your primary assets. When you sell to young physician, you become a mentor whom you have vetted yourself to become the new face of your practice, providing a legacy for you and your patients, continuing your standards and business practices. You are both giving and receiving. Receiving rewards for what you have, but also guiding and mentoring new physicians.
The ASC Group is a Marketplace for private practice physicians to explore options for selling their core medical assets: practice, ASC, medical real estate. Our proprietary network of over 14,000 private practice physicians, along with connections in private equity, REITS and private investors creates a Marketplace for retiring small practice physicians to explore all their exit options. The Marketplace also provides younger physicians an avenue into private practice through acquisition.
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