Becker's ASC Review

Becker's ASC Review November/December 2014

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41 13th Annual Spine, Orthopedic and Pain Management-Driven ASC Conference + The Future of Spine – Call (800) 417-2035 Hospital Corporation of America. Established in 1968, Hospital Corporation of America currently owns and operates nearly 115 ambulatory surgery centers in 20 states, as well as 165 hospitals. The company employs approximately 204,000 people and typically invests about $1.5 billion annually to keep its facilities up-to-date. Richard Bracken serves as the company's chairman and R. Milton Johnson is president and CEO. The company's ambulatory surgery division is run by Gregary W. Beasley, CPA, who has served as president of the branch since 2004. HCA's net income increased 14 percent from $423 million in the second quarter of 2013 to $483 million this year, according to the company's second quarter 2014 financial results. Interventional Management Services. The phy- sician-owned ASC development and manage- ment company manages a wide-range of facilities, from one-room, single-specialty surgery centers to large, multispecialty facilities and physician- hospital joint ventures. The company's services also include equity restructuring, facility syndica- tion and medical staff development. Robin Fowl- er, MD, is chairman and medical director of the company and Stephen Rosenbaum serves as CEO. Laser Spine Institute. Laser Spine Institute was established and officially incorporated in No- vember 2004. The plan to formulate the com- pany originated from three physicians — James St. Louis, DO, Glenn Hamburg, MD, and Michael Perry, MD. By January 2012, surgeons were per- forming more than 400 surgeries per month at Laser Spine Institute centers. Today, the company includes five surgery centers, with plans to open three new centers by the end of 2014 and new headquarters. Bill Horne serves as the company's CEO and Dotty Bollinger is the company's presi- dent and COO. MMX Healthcare. The company is focused on the planning and developing new ASCs, center man- agement, accreditation preparation, compliance maintenance, financial management and restruc- turing as well as physician recruitment and syndi- cation. John Seitz, a co-founder, serves as CEO and Tamar Glaser, RN, also a co-founder, serves as pres- ident. The company also offers numerous products for surgery centers, such as AccredAbility, an ac- creditation tracking and reporting solution and ManageMyASC, an interactive management tool. Medical Consulting Group. William B. Rabourn Jr., is founder and managing partner of Medical Consulting Group, which offers business solu- tions to the healthcare community including medical practice consulting, corporate consult- ing, ambulatory surgery center development, management and accounting as well as turn- arounds. The company's ASC division was found- ed by Steve Sheppard in 1998, and it has grown to include equity participations and medical billing and collections. Medical Consulting Group also provides ASCs with marketing, public relations and advertising services. Medical Facilities Corporation. The company owns a 51 percent-plus interest in five specialty surgical hospitals as well as a 51 percent interest in an ambulatory surgery center in California. The three-OR ASC has been operating since 2004, and is a Medicare-deemed multispecialty facility accredited by the Accreditation Association for Ambulatory Health Care. Donald Schellpfeffer, MD, serves as CEO of the company and Michael Salter, CPA, is CFO. Meridian Surgical Partners. Meridian Surgical Partners focuses on financing, developing and operating ambulatory surgery centers, specialty surgical hospitals and related healthcare ancillary businesses. Three healthcare industry veterans formed the company. Meridian Surgical Partners offers physicians the following types of ASC part- nership opportunities: acquisition, development, turnarounds partnerships and spine-driven ASC development and management. Meridian's CEO is John C. Wilson Jr. and the president and chief development officer is Kenneth N. Hancock. Merritt Healthcare. Merritt Healthcare, founded in 2001, focuses on management and develop- ment of ASCs as well as provides consultation services. The company's partners and clients in- clude hospitals and private physician groups, and Merritt has worked on a wide range of projects, from single-specialty and multispecialty ASCs to hospital outpatient departments. The company also provides brokerage and turnaround services and represents ASC sellers. Matt Searles, MBA, and William Mulhall, RN, CASC, lead the com- pany. Merritt Healthcare recently opened West- ern Connecticut Orthopedic Surgical Center in Danbury, Conn. Murphy Healthcare Group. Murphy Healthcare Group has been building and rehabilitating ASCs since 1990, and today is responsible for the suc- cess of more than 30 surgery centers, with a total market capitalization of over $650 million. The company's ASC turnaround group specializes in restructuring, revitalizing and acquiring un- derperforming ASCs. Robert Murphy, the chair- man and founder of the company, has personally played a key role in ASC turnarounds. He now focuses on strategic planning for each center as well as mergers and acquisitions. Douglas Dewey is currently Murphy Healthcare's CEO. Nikitis Resource Group. Founded by Tom Ga- louzis, MD, the company provides a full range of ambulatory surgery center services, including development and management, AAAHC accredi- tation and operations analysis. The company's leadership includes industry veterans such as Bob Scheller, CPA, CASC, and Gregory Nowak, MD. Mr. Scheller serves CEO and COO of NRG. Northstar Healthcare. Northstar Healthcare pro- vides a wide array of ASC development, manage- ment, marketing, financial and legal services. The company's current CEO, Donald L. Kramer, MD, MBA, founded Palladium for Surgery-Houston in 2013, the cornerstone for Northstar Health- care. Harry Fleming serves as president, and he brings more than 25 years of legal and business experience to his role. Northstar has expertise in developing multispecialty ASCs, and it focuses on developing centers in Dallas and Houston. Nueterra Healthcare. Nueterra Healthcare fo- cuses on partnering with physicians and health systems to fund, build and provide ongoing man- agement for healthcare facilities, such as hospitals, ASCs and GI centers among others, in the United States and abroad. The company includes an in- tegrated provider network and develops revenue- generating solutions for its partners, such as home health services, telehealth and urgent care centers. The company's international arm, Nu- eterra Global Alliance, includes projects in Latin America and the Caribbean Region. Davis Ayers serves as the CEO of Nueterra's U.S. operations. Outpatient Healthcare Strategies. Outpatient Healthcare Strategies aims to offer solutions for the unique problems ASCs, hospitals and physician 13th Annual Spine, Orthopedic and Pain Management-Driven ASC Conference + The Future of Spine June 11-13, 2015 • Westin Michigan Avenue Hotel • Chicago, IL 90+ Surgeons Speaking & 108 Sessions • Key Note Speakers: Deion Sanders, Billy Beane and Bill Walton For more information, visit www.beckersspine.com or call (800) 417-2035. SPINE REVIEW

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