Becker's ASC Review

56 held company headed by Mr. Hogue and a team of experienced healthcare leaders, including Jay McKim who is the executive vice president and CFO and Barbara Bowen who serves as vice presi- dent of ASC operations. In 2014, Newport Beach, Calif.-based Hoag Memorial Hospital Presbyte- rian invested in its second surgery center with Sovereign Healthcare — Newport Bay Surgery Center, an ophthalmology center. Spine Centers of America (Fair Lawn, N.J.). Spine Centers of America operates surgical centers offering a number of endoscopic spine treat- ments, including endoscopic fusion, lumbar endo- scopic discectomy and kyphoplasty. e company operates three facilities in New Jersey in Union, North Bergen and Fair Lawn. Spine Centers of America was founded by Bryan J. Massoud, MD, who has per- formed thousands of endoscopic spine procedures. He is board-certified and fellowship-trained and is a member of the North American Spine Society and American Academy of Orthopaedic Surgery. A team of endoscopic spine surgeons provide care at the Spine Centers of America's surgical facilities. SurgCenter Development (Phoenix). e company develops and operates physician-fo- cused ASCs across the country. SurgCenter De- velopment has helped develop more than 105 facilities. Typically, the centers are between 5,000 and 9,000 square feet and contain one to three operating rooms. e company assists the ASC in a number of operations, including facility design and construction, staff recruitment and training, technology and supply purchasing and insurance contracting and billing. Gregory George, MD, PhD, an ophthalmologist, and Sam O'Neal are the founding principals of SurgCenter Development. Earlier this year, the company collaborated with a group of physicians to build a new $2 million joint venture surgery center in Athens, Ohio. Addi- tionally, SurgCenter Development partnered with Blue Belt Technologies. e partnership will en- able SurgCenter Development locations to devel- op orthopedic robotics programs with Blue Belt Technologies' Navio Surgical System. Surgem (Glen Rock, N.J.). Urologist John Hajjar, MD, MBA, founded Surgem in 2005. e company currently owns and operates 15 ASCs, with another three in the development and con- struction phase. e company partners with local physicians, allowing them to maintain majority ownership of their centers. Surgem's principals provide the physician partners with their devel- opmental, operational and financial expertise. Joseph Tarsia serves as CDO with more than 25 years of healthcare industry experience. Paul Angresano is the vice president of new business development and Nancy Vardaro, RN, is the vice president of clinical operations. Surgery One. Surgery One is a network of sur- gery centers offering surgical services in a number of specialties, including general surgery, orthopedics, pain management, ENT and ophthalmology. Scott Leggett serves as the company's CEO. Mr. Leggett has 17 years of experience in the orthopedic indus- try and holds a Masters of Science from the Univer- sity of Florida in Gainesville. Surgery One operates four surgery centers throughout California in San Diego, La Jolla, Carlsbad and Chula Vista. Surgery Partners (Nashville, Tenn.). Estab- lished in 2004, Surgery Partners focuses on build- ing strong relationships with physicians, pursuing growth opportunities in the healthcare arena and increasing profitability of existing facilities. In 2011, the company merged with NovaMed, and in 2014, purchased Symbion Healthcare for $792 million in cash. Surgery Partners is affiliated with more than 100 facilities in 28 states. e company went pub- lic earlier this year. e company raised $271.4 million in a 14.3 million share offering with shares priced at $19 per share. CEO Michael Doyle has held various leadership positions with the firm and CFO Teresa F. Sparks previously held the same po- sition at Symbion Healthcare. Surgical Care Affiliates (Deerfield, Ill.). An industry leader, SCA partners with physicians, health systems and health plans to develop and implement surgery strategies across the country. As of June 30, 2015, SCA operated 193 surgi- cal facilities, 106 of which are in affiliation with health system partnerships — including ambula- tory surgery centers and surgical hospitals — in partnership with approximately 2,600 physicians. Surgical Care Affiliates acquired seven new facili- ties in the second quarter of 2015. Of the seven facilities, five were consolidated and two were not consolidated. e publicly-traded company includes more than 6,000 teammates, with more than 7,500 physicians performing procedures in SCA facilities each year. Andrew Hayek currently serves as SCA's chairman, president and CEO, and Tom De Weerdt is the executive vice president and CFO. Michael Rucker serves as executive vice president and COO and Brian Mathis serves as group vice president of strategy and payer en- gagement. e company also includes a physician leadership board with six members. Surgical Development Partners (Frank- lin, Tenn.). Surgical Development Partners col- laborates with physicians and hospitals to offer ASC development and management services. e company was founded by a group of healthcare executives. It focuses on turnkey facility develop- ment and facilitating ASC joint ventures. It offers development services such as project organization, market analysis and financial planning, as well as management services, including managed care contracting and regulatory compliance. G. Edward Alexander is the company's president and CEO. Surgical Management Profession- als (Sioux Falls, S.D.). Surgical Management Professionals is a surgery center and physician- owned hospital acquisition, management and de- velopment company. It offers facility development, day-to-day operational management and revenue cycle services, such as coding, billing and collec- tions. e company was established in 2004 and its members have expertise in the planning and development of single- and multispecialty ASCs as well as specialty hospitals. Surgical Management Professionals operates 20 ASCs throughout the na- tion. Today, Michael Lipomi serves as president and CEO, and R. Blake Curd, MD, is the board of directors' chairman. Allison Bolger is CFO. Tenet Healthcare/United Surgical Part- ners International (Dallas). Tenet is one of the largest healthcare services companies in the nation. It includes 87 hospitals, 19 short-stay sur- gical hospitals and more than 425 outpatient cen- ters. e company's outpatient services division focuses on the development and management of ASCs and diagnostic centers. Tenet completed its acquisition of United Surgical Partners Interna- tional earlier this year and it now owns 50.1 per- cent of USPI. Following the close of the merger, USPI became the largest ambulatory surgery center company in the country with 249 ASCs, as well as 18 surgical hospitals and 20 imaging cen- ters. Kyle Burtnett, previously Tenet's senior vice president of the outpatient services, joined USPI as president of ambulatory services and chief in- tegration officer. USPI was founded in 1998, and today has a team of more than 11,000 employees. William H. Wilcox is USPI's CEO and Brett Brod- nax is president and CDO. e company focuses on providing high-quality care and its facilities have received a number of honors, including the Apex Quality Award and Press Ganey's Beacon of Excellence Award for Patient Experience. Texas Health Partners (Addison). Texas Health Partners is a department within Texas Health Resources, providing a number of man- agement and revenue cycle services for surgi- cal hospitals. e company was established in 2002 and its facilities include the 33-acre Texas Health Presbyterian Hospital Rockwall and the 12,500-square-foot Texas Health Surgery Cen- ter Denton. Krystal Mims is president of Texas Health Partners, a role she has held since 2007. TRY Health Care Solutions (Salmon, Ida- ho). Founded in 2005 by omas R. Yerden, a surgery center executive, the company provides operational assessments, strategic planning, and it works with hospital-physician joint ventures and ASC mergers. Mr. Yerden founded Aspen Health- care, an ASC firm, in 1992 and during his time leading Aspen he developed, opened and managed more than 75 surgery centers. Aspen Healthcare was sold to a leading surgery center corporation. Vivere Health (Franklin, Tenn.). Vivere Health is a fertility management and equity partner. e company establishes joint venture partnerships with fertility professionals to de- velop new practices or strengthen existing ones, including developing embryology laboratories or ASCs. Vivere Health offers a number of busi- ness and operational services, such as marketing optimization, supply chain optimization and hu- man resource management. Debbie James serves as president and CEO and Dan Beuerlein is CDO and executive vice president of operations. Last year, the Nashville Business Journal named Vivere Health one the fastest-growing private companies in Middle Tennessee. Visionary Enterprises (Indianapolis). e company focuses on the development, acquisition and management of multispecialty ASCs and en- doscopy centers. Visonary Enterprises has a 20- year track record in the ASC industry. e com- pany was incorporated in 1982 as a wholly owned, for-profit subsidiary of Community Hospitals Foundation. It later expanded its scope to provide healthcare-related management and consulting services, and in 1992, its primary focus became outpatient surgical services. n

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