Issue link: https://beckershealthcare.uberflip.com/i/307962
14 12th Annual Spine, Orthopedic and Pain Management-Driven ASC Conference + The Business of Spine - call (800) 417-2035 Physicians Endoscopy (Jamison, Pa.). Physicians Endoscopy focuses solely on gastroenterology and endoscopy-driven ambulatory surgery centers. It owns a minority interest, often 30 percent to 40 percent, in its centers. PE also provides manage- ment and billing services. Barry Tanner serves as CEO and co-author of the company's business plan. Frank Principati is COO. Over the last several years, John Poisson has served as chief development officer. Karen Sablyak, CPA, is CFO. PE owns and manages 30 centers in a variety of states. In September 2013, Pamlico Capital made a sig- nificant investment in the company, which is ex- pected to help Physicians Endoscopy expand its centers and gastroenterology product offerings. Shortly after Pamlico made the initial investment, Silver Oak Service Partners sold Pamlico its equity interest. Silver Oak has been one of PE's largest investors since 2008 and was responsible for help- ing PE double its centers. PE is widely regarded as a well-run company and focused operator. Regent Surgical Health (Westchester, Ill.). Regent Surgical Health's executive team includes Thomas Mallon, CEO; W. Michael Karnes, CFO; Nap Gary, COO; and Jeffrey Simmons, CDO. Its leadership includes two Cambridge, Mass.-based Harvard Business School graduates and has chaired the ASCA board of directors. Most of Regent Surgical Health's centers are mul- tispecialty, and about half of the centers are affili- ated with one of 14 hospital partners. The compa- ny's core management model includes 20 percent ownership and a management contract. While Regent Surgical Health is headquartered in Westchester, Ill., it manages 21 ASCs in the United States and in Ireland. In the United States, the com- pany has centers in Alaska, California, Colorado, Florida, Illinois, Nevada, New Jersey, Ohio, Oregon and Wyoming. Surgical Care Affiliates (Deerfield, Ill.). Andrew Hayek is the president and CEO of SCA, roles he has held since 2008. In September 2013, SCA filed an initial public offering of up to $100 million in stock. At the close of its IPO on Nov. 4, 2013, the total IPO included 11,244,444 shares. SCA partners with physicians, health systems and payers to develop and implement surgery strategies across the country. The company operates 185 facili- ties in 34 states, including ambulatory surgery cen- ters, surgical hospitals and one sleep center, in part- nership with more than 2,000 physician partners and in affiliation with 45 leading health systems. Surgical Care Affiliates is a publicly traded com- pany and its shares traded for $31.14 per share as of March 11. Symbion (Nashville, Tenn.). Richard E. Francis Jr., is the CEO and chairman of the board of Symbion. He has served as CEO since the company's incep- tion in 1999 and assumed the role of chairman of the board in 2002. Cliff C. Adlerz is the president and COO of the company. The company owns and operates 57 facilities, 51 ASCs and six surgical hos- pitals. It has many multispecialty centers, hospital partnerships and a handful of physician-owned hospitals. Symbion went public in 2004, but returned to being private in 2007 when the company merged with private equity firm Crestview Partners. Crestview Partners is now Symbion's financial partner. United Surgical Partners International (Addi- son, Texas). William Wilcox is the CEO of USPI, a position he has held since April 2004. Brett Brod- nax has served as the company's president since June 2011. He is also chief development officer. USPI owns and operates 215 facilities, both ASCs and surgical hospitals, 148 of which are joint ven- tures with not-for-profit health systems. It also has a partnership with Baylor Health System and ownership in some physician-owned hospitals. The company has a great reputation and growing interest in orthopedics and musculoskeletal spe- cialties. USPI is a privately held company. Private equity firm Welsh, Carson, Anderson & Stowe has close ties with company. USPI reported $616.2 million in net revenue for 2013, up 14 percent from $540.2 million at the year-end of 2012. The company's operating in- come increased 8 percent to $263.8 million, com- pared to $245.2 million in 2012. Cash flow from operating activities was $159.9 million, compared to $180.3 million in 2012. USPI and its consoli- dated subsidiaries invested $11.3 million in main- tenance capital expenditures and $11.1 million to develop new facilities and expend or invest in existing facilities. n Call 508-520-3003 or visit www.Arthrosurface.com to learn more Finally, implants that are designed to truly fit the shoulder. "The non-spherical prosthetic head replicated the native head shape more accurately than the spherical prosthetic head." Jun BJ, Iannotti JP, McGarry MH, Yoo JC, Quigley RJ, Lee TQ. The effects of prosthetic humeral head shape on glenohumeral joint kinematics: a comparison of non-spherical and spherical prosthetic heads to the native humeral head. J Shoulder Elbow Surg. 2013 Oct;22(10):1423-32. 56 mm 52 mm The Humeral Head is Ovoid not Spherical HemiCAP OVO: S/I is 4mm larger than A/P For additional product information, inlcuding indications, contraindications, warnings, precautions and potential adverse effects, please visit www.arthrosurface.com An Inlay Glenoid is 10 times more stable than an onlay glenoid. "The study suggests that the humeral head is not a perfect segment of a sphere and an osteotomy along the anterior cartilage-metaphyseal inter- face does not remove only the proximal humeral articular surface. Even with a fully adaptable prosthetic implant, replacement arthroplasty is not able to restore original head geometry. Alterations to head geometry with the osteotomy described may alter the line of force through the prosthetic joint, producing eccentric loading at the glenoid, and contribute to early failure." Harrold F. Wigderowitz C. 2013 Jan 22(1):115-21,doi:10.1016/j. jse.2012.01.027.Epub 2012 May 14. J Shoulder Elbow Surg. ASTM dynamic loosening tests on file at Arthrosurface Inc. 12th Annual Spine, Orthopedic and Pain Management-Driven ASC Conference + The Future of Spine June 12-14, 2014 • Chicago To learn more or register, visit www.beckersasc.com/beckers or call (800) 417-2035 132 Sessions • 168 Speakers • 63 Physician Leaders • 28 CEOs Keynote Debate: Former U.N. Ambassador & Republican Diplomat John Bolton Former Six-Term Democratic Governor of Vermont Howard Dean