SurgiStrategies

Acquisitions

NovaMed Acquires Ambulatory Surgery Center in Ohio

CHICAGO -- NovaMed, Inc. announces that it has acquired a 60 percent interest in an ambulatory surgery center located in Sandusky, Ohio. This will be NovaMed's first surgery center in Ohio. With this transaction, NovaMed has acquired six ambulatory surgery centers so far in ...More
September 6, 2006
Posted in News
NovaMed Acquires Ambulatory Surgery Center in Indiana

CHICAGO -- NovaMed, Inc. announces that one of its majority-owned subsidiaries has acquired the John Kenyon Center for Eye Surgery, an ophthalmic ambulatory surgery center located in Jeffersonville, Ind. This is the fifth ambulatory surgery center acquired by NovaMed so far ...More
August 3, 2006
Posted in News
Squeeze-Out Mergers: An Effective Tactic for Eliminating Non-Utilizing Physicians

Squeeze-Out Mergers: An Effective Tactic for Eliminating Non-Utilizing Physicians BY JERRY SOKOL AND JOSHUA M. KAYE Many ambulatory surgery centers (ASCs) around the country are desperate for strategies for eliminating physician owners who are no longer utilizing the ASC as ...More
August 1, 2006
Posted in Articles
NovaMed Acquires Ambulatory Surgery Center in Texas

CHICAGO -- NovaMed, Inc. announces that it has acquired a 61 percent interest in the Clearview Surgical Institute, a multi-specialty ambulatory surgery center located in Laredo, Texas. This will be NovaMed's fourth surgery center in Texas. "This acquisition expands our ...More
July 21, 2006
Posted in News
LifePoint Hospitals to Acquire Havasu Surgery Center

BRENTWOOD, Tenn. -- LifePoint Hospitals, Inc. has signed a definitive agreement to acquire Havasu Surgery Center in Lake Havasu City, Ariz. The company also announced that its Havasu Regional Medical Center had entered into a partnership with the physicians affiliated with ...More
July 20, 2006
Posted in News
NovaMed Announces $80 Million Credit Facility

CHICAGO -- NovaMed, Inc. today announced that it has entered into an amendment to its credit facility that increases the size of the facility from $50 million to $80 million and extends the term to June 30, 2009. The amended credit facility also has an option allowing ...More
July 5, 2006
Posted in News
Empire Investment Holdings Signs Definitive Agreement to Acquire the Off-Site Surgical Reprocessing Division of SSI Surgical Services, Inc.

MIAMI -- Empire Investment Holdings announces that it has signed an agreement to acquire the off-site surgical reprocessing division of SSI Surgical Services, Inc. The division, formerly known as MSI Medical Sterilization, Inc, is located in Syosset, N.Y., and provides full ...More
June 6, 2006
Posted in News
NovaMed Acquires Ambulatory Surgery Center in Arkansas

CHICAGO -- NovaMed, Inc. announces that it has acquired a 51 percent interest in the Eye Surgery Center of Arkansas, an ambulatory surgery center located in Jonesboro, Arkansas. This will be NovaMed's first surgery center in Arkansas. "Jonesboro is a regional medical center ...More
May 4, 2006
Posted in News
Symbion, Inc. Announces First Quarter Results

NASHVILLE, Tenn. -- Symbion, Inc., an owner and operator of short-stay surgery centers, announces results for the first quarter ended March 31, 2006. For the first quarter ended March 31, 2006, revenues increased 17 percent to $72.8 million compared with $62.2 million for ...More
April 27, 2006
Posted in News
Symbion Expands Into South Carolina Through Acquisition of Majority Interest in a Multi-Specialty ASC in Greenville

NASHVILLE, Tenn. -- Symbion, Inc., an owner and operator of short stay surgery centers, announces that it has acquired a majority interest and consolidating position in the Center for Special Surgery, LLC, a multi-specialty ambulatory surgery center located in Greenville, ...More
April 3, 2006
Posted in News

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