Becker's ASC Review

Becker's ASC Review Nov/Dec 2015

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55 ra acquired Benefit Management, a third-party health benefits administrator based in Great Bend, Kan., earlier this year. Outpatient Healthcare Strategies (Kingwood, Texas). Outpa- tient Healthcare Strategies provides operational, financial, clinical and busi- ness strategies for ASCs, physicians and hospitals. e company helps with payer contracting, benchmarking, clinical assessments and joint ventures, among other services. Founder of Outpatient Healthcare Strategies Jessica Nantz serves as president and CEO. Equipped with 15 years of experience in the outpatient healthcare industry, Ms. Nantz has operated and managed more than 80 facilities, including ASCs. Partners Medical Consulting (Sioux Falls, S.D.). A management company, Partners Medical Consulting offers revenue cycle management, clinical consulting, bookkeeping, finance, payroll and full service manage- ment contracts to surgery centers, clinics and hospitals. Providing turn- around assistance, the consulting group pinpointed three major areas of improvement: accounts receivable management, expense management and organizational and governance structure. With 25 years of experience in the healthcare industry, Kyle Goldammer serves as CEO. PCI | HealthDev (Dallas). PCI | HealthDev was founded in 2007 by Pedro Vergne-Marini, MD. e company assists with the development, construc- tion and ownership of medical facilities, as well as the management of assets and investments. Working with individual practices and healthcare provid- ers, the company offers NuBuild and AssetMax solutions to address financial and medical real estate situations. PhyBus (Brentwood, Tenn.). PhyBus provides single-specialty practices, physician-owned ASCs and multispecialty joint ventures with development, management and billing services. e organization helps ASCs with physi- cian recruitment, revenue cycle management, contract negotiations and stra- tegic planning, with a specific emphasis on specialty billing services. Founder of the company, Rodney H. Lunn, serves as CEO. Physicians Endoscopy (Jamison, Pa.). Founded in 1998, Physicians Endoscopy specializes in the development and management of single-spe- cialty endoscopic ASCs in partnership with physicians and hospitals. e company's expertise ranges from newly developed centers to acquisitions and hospital joint ventures. Physicians Endoscopy also provides billing services to its 30 ASC partnerships in 14 states. Barry Tanner serves as CEO, and co-authored Physicians Endoscopy's business plan along with the company's CFO, Karen Sablyak. Carol Stopa is the vice president of new business de- velopment at Physicians Endoscopy. Ms. Stopa has been with the company for more than nine years and has 25 years of experience in the healthcare industry. Frank Principati serves as the company's COO. Prior to joining the company, Mr. Principati served as a division president at AmSurg. In June, Physicians Endoscopy formed a joint venture with Garden State Endoscopy Center in Kenilworth, N.J. Physicians Surgery Centers (Tarzana, Calif.). Developing and man- aging outpatient surgical facilities, Physicians Surgery Centers operates largely under the direction of physician management. Physicians Surgery Centers has developed and managed more than 12 surgery centers in Cali- fornia and Arizona. Anywhere from 4,000 to 17,000 square feet, these centers have between two and seven operating rooms, with 300 to 600 cases monthly. Glenn Cozen, Norm Lapin, JD, and Bob Trevathan, MBA, co-founded the company in 1999. e three men serve as the company's principals. Pinnacle III (Lakewood, Colo.). Founded in 1999, Pinnacle III offers single-specialty, physician-owned and multispecialty ASCs assistance with development, management and billing. e company has developed more than 30 surgery centers in 16 states, and provides feasibility studies and phy- sician recruitment, among other developmental services. Pinnacle III also provides benchmarking, contract analysis and rate negotiation services. Rob- ert J. Carrera serves as president and CEO. He has 15 years of experience developing and managing ASCs, physical and occupational rehabilitation centers, diagnostic imaging facilities and occupational medicine clinics. Practice Partners in Healthcare (Birmingham, Ala.). In 2005, Larry Taylor founded Practice Partners as a developer, manager and minor equity share holder in ASCs. e company has seven surgery centers and six more in development, with a partnership size of three to 27 physicians per center. e company currently owns and operates 21 centers. Providing coding, bill- ing and collection services for ASCs, Practice Partners also offers certificate of need procurement, site development, start-up support, management, busi- ness line development and syndication. Mr. Taylor serves as president and CEO. Mark Edwards serves as CFO and Lecia Willingham serves as chief development officer. Regent Surgical Health (Westchester, Ill.). e company was found- ed in 2001 and over the last 14 years has grown to develop, manage and own 21 ASCs, of which 16 are joint ventures with hospitals. e typical ownership model for Regent's joint venture ASCs is the physicians own up to 49 percent of the center while Regent and the hospital own 51 percent of the center. e physician owners are responsible for the day-to-day operations at the center. Regent focuses on developing proprietary ownership models and increasing net revenues for ASCs. e company has also introduced a number of new procedures into its ASCs, such as spine, gastric banding and knee replace- ments. omas Mallon is the founder and CEO of Regent Surgical Health and W. Michael Karnes is a partner and co-founder. Matt Lau serves as CFO. Jeffrey Simmons serves as CDO. Michael Orseno is responsible for Regent's revenue cycle processes and heads up Regent RCM. Regent celebrates its 15th anniversary this year, and the company plans to continue growing through new joint venture relationships and physician recruitment. Solara Surgical Partners (Dallas). e ASC management and development company aims to handle all aspects of successful surgical facilities, including phy- sician recruitment, initial licensure and financial management. e company has helped establish more than 100 facilities nationwide. Solara Surgical Partners was started in 2008, and its philosophy is that the surgical facility should be majority owned and governed by the physicians. Kenneth Ross, the company's CEO and founder, is a fellow of the American College of Healthcare Executives. Chad Sand- vig serves as COO and Robert Petrick is chief development and acquisitions officer. Sovereign Healthcare (Mission Viejo, Calif.). Founded in 2003 by Jeremy Hogue, Sovereign Healthcare helps establish and manage ASCs, co- manages service lines of acute-care hospitals and manages the business side of physician practices. e company operates three ASCs. It is a privately Use promo code: ASCFREE at check out and receive FREE GROUND SHIPPING on your next order of $50 or more.* *Promo code valid for (1) one use only. Offer expires 12/31/15. Contact eSutures.com at 888-416-2409 for pricing and availability.

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