Issue link: https://beckershealthcare.uberflip.com/i/1312132
18 Murphy Healthcare Group (Montvale, N.J., New York, N.Y.). Murphy Healthcare Group was founded in 1990 and has worked with more than 30 ASCs since then, with a total market capitalization of more than $650 mil- lion. e company has a turnaround group that focuses on restructuring, revitalizing and acquiring underperforming centers and designs customized solutions for each partner. Murphy Healthcare Group also provides management and development services that help with financing, architectural projects and staff optimization. Robert Murphy is chairman and founder, and John Murphy is president of the company. NueHealth (Leawood, Kan.). NueHealth created a joint venture with Medical Fa- cilities Corporation in 2018, known as MFC Nueterra Holding Company, to operate ASCs. NueHealth has experience managing and developing more than 150 facilities in partner- ship with physicians and health systems. e company takes a technology-first approach to ensure its centers meet regulatory needs and provides services such as facility startup operations, acquired facility transition, partner syndication, strategy development, business intelligence and boosting same store growth. John Palumbo is chairman and Dan Tasset is vice chairman and CEO. Outpatient Healthcare Strategies (Kingwood, Texas). Jessica Nantz founded Outpatient Healthcare Strategies and now serves as the development firm's president and CEO. e company offers insights to improve operation- al efficiencies, meet key performance indica- tors and develop a successful strategy for ASCs to thrive. e company tailors services to each partnering center to support financial needs, clinical services, operations and business strategy. PhyBus (Brentwood, Tenn.). PhyBus' leader- ship team has more than 70 years of com- bined experience and worked with 200-plus successful centers. e company provides management services including on-site admin- istration, clinical services, human resources, physician recruitment, materials management and compliance. It can also help with facil- ity design, organizational structure, project management and licensure. Rodney Lunn is founder and CEO. Physicians Endoscopy (Jamison, Pa.). Physi- cians Endoscopy formed in 1998 to develop and manage freestanding, single specialty endoscopy centers. e company partners with hospitals and physicians to develop centers. Physicians Endoscopy currently partners with more than 600 gastroenterologists to run around 60 ASCs. Barry Tanner is chairman and David Young is president and CEO of the company. In 2016, private equity firm Kelso & Company acquired Physicians Endoscopy from Pamlico Capital in a recapitalization transaction. Physicians Surgery Centers (Tarzana, Calif.). Physicians Surgery Centers creates and man- ages outpatient surgical facilities as well as a hospital. Physicians are majority owners of the equity in their centers and have decision- making control. PSC works with the physi- cians to manage day-to-day operations of the centers. e company also engages in ASC turnarounds. e company is led by eight principals. Pinnacle III (Lakewood, Colo.). Pinnacle III was founded in 1999 to provide customized management services to ASCs. e company has partnered with physicians to develop more than 40 surgery centers over the past two decades. Services include ASC development, management, payer contracting, facility audits, consulting services and billing support. Robert Carrera is president and CEO. Practice Partners in Healthcare (Birming- ham, Ala.). Practice Partners in Healthcare was founded in 2005 and currently works with 10 surgery centers in operation and three other centers in the development and construction phase. e company's services include certificate of need procurement, site development, startup, management and reve- nue cycle services. It can also help with supply chain, scheduling and staffing needs. President and CEO Larry Taylor founded the company, which is owned by the management team and HealthCor Partners, a private equity fund. Regent Surgical Health (Westchester, Ill.). Regent Surgical Health currently partners with 28 centers, including 21 joint ventures. e ASC chain has 14 centers where physi- cians provide total joint replacements and three that engage in bundled payments. Chris Bishop is CEO of the company, which provides management, turnaround, revenue cycle and development services. Founded in 2001, the ASC chain typically engages in joint ventures between hospitals and physicians. Solara Surgical Partners (Dallas). Solara was founded in 2008 to support physicians in developing their own ASCs. e team includes experts that have developed and managed more than 100 surgical facilities nationwide and provide services including physician recruitment, licensure, construction oversight and financial management. Kenneth Ross serves as CEO and Chad Sandvig is president and COO. Sovereign Healthcare (Mission Viejo, Calif.). Sovereign Healthcare partners with physicians and health systems for strategic planning. e company supports ASC, physician clinic and other ancillary business development. Founded in 2003, Sovereign is now led by president and CEO Jeremy Hogue. Surgical Care Affiliates (Deerfield, Ill.). Founded in 1982 as an ASC development company, Surgical Care Affiliates is now an Optum affiliate and partners with health sys- tems across the U.S., including Texas Health Resources and Advocate Aurora Health. SCA supports centers with clinical, operating and financial systems and their facilities generate more than $2 billion in revenue. Caitlin Zulla serves as CEO of Surgical Care Affiliates. SurgCenter Development (Phoenix). Surg- Center Development was founded in 2002 and has developed more than 200 centers with 2,200 physician partners. e company contributes equal capital per share with other physician investors in the centers and offers industry expertise without extra fees. e company has around 100 facilities that include total joint replacement and 122 facilities that include complex spine procedures. Stacey Ber- ner, MD, is principal, managing partner and CEO of SurgCenter Development. Sovereign Health System (Glen Rock, N.J.). Sovereign Health SurgiCare opened its first ASC in 1992 and since then has developed dozens of centers across the East Coast. e company's centers provide ENT, GI, ophthal- mology, orthopedics and pain management, among other specialties. John Hajjar, MD, is founder, chairman and CEO of the company. Surgery One (San Diego). Surgery One is a network of ASCs in California that focus on orthopedics including total joint replacement and spine surgery as well as cardiology, weight loss surgery and hysterectomies. e com- pany's centers also offer regenerative medicine and direct orthopedic care. Surgery Partners (Nashville, Tenn.). Surgery Partners operates more than 180 surgical facilities across the U.S. e company offers individualized services to independent and joint venture ASCs to help centers grow within their markets. Surgery Partners has experienced 10 percent annual same-facility growth over the past five years and 94 percent patient satisfaction rate. It has 4,000 affiliated physicians that treat 600,000 patients per year. Wayne DeVeydt is executive chairman of the board and Eric Evans is CEO. United Surgical Partners International (Dal- las). USPI, an affiliate of Tenet Healthcare, has a network of 400 facilities across the U.S., including ASCs, surgical hospitals and imag- ing centers. e company partners with more than 50 health systems and 4,000 physicians. USPI was founded in 1998 and offers facil- ity management and partnership services. Brett Brodnax is president and CEO of the company.n