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8 12th Annual Spine, Orthopedic and Pain Management-Driven ASC Conference + The Business of Spine - call (800) 417-2035 12 Key Notes on ASC Management & Development Companies By Carrie Pallardy AmSurg has reported $269.3 million in revenue for the second quarter of 2013, a 17 percent increase. The company also added five centers in the second quarter under a letter of intent. Oklahoma City, Okla.-based Graymark Healthcare has acquired Foundation Surgery Affiliates and Foundation Surgical Hospital Affiliates. With the transaction, Graymark has acquired all of the member interests of both Foundation Surgery Affiliates and Foundation Surgical Hospital Affiliates. Foundation Surgery Affiliates owned non-controlling equity interests in 11 surgery centers in seven states. HCA has named William B. Rutherford CFO and Executive Vice President beginning Jan. 1, 2014. He succeeds R. Milton Johnson, who will become President and CEO of the company. In July, Medical Facilities Corporation eliminated the role of president, previously held by Larry Teuber, MD, and the leadership responsibilities will be assumed by members of the cor- poration's senior management team. Dr. Teuber will remain with the corporation as a consultant. Meridian Surgical Partners announced that John C. Wilson, Jr. has been appointed the role of chief executive officer and Jim Uden has assumed the role of executive vice president and chief financial officer. Physicians Capital Investments has announced that it has assumed a new name. The company, now called PCI | HealthDev, also has a new logo and the tagline "Medical Real Estate Solutions." Pamlico Capital, based in Charlotte, N.C., has made a significant investment in Physicians Endoscopy. The investment will help Physicians Endoscopy grow its 29 centers and expand its product offerings to gastroenterologists. Regent Surgical Health has formed a new joint venture partnership with the physician partners of Loveland (Colo.) Surgery Center. The multispecialty surgery center is licensed for overnight patient stays. In June, SurgCenter Development named Stacey Berner, MD, as its president. Dr. Berner joined SurgCenter Development in 2012 as principal. Surgical Care Affiliates filed for an initial public offering of up to $100 million in stock. According to its filing, the company intends to use the proceeds of the offering toward redeeming all $150 million in 10 percent senior subordinated notes due July 15, 2017. Remaining proceeds would go to corporate purposes. In June, SCA acquired Health Inventures. Surgical Management Professionals has announced that it has added Moses Taylor Hospital in Scranton, Pa., and Lewis and Clark Hospital in Yankton, S.D., as management services clients. United Surgical Partners International has reported $155.2 million in net revenue for the second quarter of 2013, a 20 percent increase. During the second quarter, USPI acquired a facility in Houston in partnership with Memorial Hermann Healthcare System. n ASC & PHYSICIAN PRACTICE MANAGEMENT ADVISING TURNAROUNDS DEVELOPMENT REALLY... BILLING REVENUE CYCLE MANAGEMENT WE'RE ALL YOU NEED 1.855.MEDBRIDGE 121 GRAY AVENUE, SUITE 200, SANTA BARBARA, CA 93101 WWW.MEDBRIDGE.MD