44
GI/ENDOSCOPY
C
M
Y
CM
MY
CY
CMY
K
Beckers Ad Half Horizontal 0117.pdf 1 1/10/2017 12:49:39 PM
10 Things to Know About Physicians Endoscopy
By Anuja Vaidya
H
ere are 10 notes on Physicians Endoscopy:
1. Headquartered in Jamison, Pa., Physicians Endoscopy fo-
cuses on developing and managing freestanding, single-spe-
cialty endoscopic ASCs.
2. e company was established in 1998 and today operates 43 surgery
centers across the country.
3. e company finalized a joint venture relationship for its 43rd ASC
on Dec. 1, 2016, along with the physicians of the Gastroenterology
Group PA, the Center for Colon and Rectal Health and St. Mary Medi-
cal Center, all based in Langhorne, Pa.
4. Physicians Endoscopy offers its partners a variety of opportunities,
including building an ASC from the ground up, flexible partnership
models and hospital joint ventures. e company's services include
professional management; billing and collections; design and devel-
opment; and physician recruiting.
5. In August 2016, Charlotte, N.C.-based Pamlico Capital sold Physi-
cians Endoscopy to Kelso & Company in a recapitalization transac-
tion with management. Pamlico acquired Physicians Endoscopy in
August 2013. e parties did not disclose the terms of the agreement.
6. e company collaborated with e Joint Commission and CDC in
May 2016 on an initiative focused on infection prevention in ambula-
tory healthcare settings. e goal of the initiative is to create model
infection control plans and expand the reach, uptake and adoption of
these as well as other infection control materials in outpatient settings.
7. e three-year initiative with e Joint Commission is called Ad-
aptation and Dissemination Outpatient Infection PrevenTion, or
ADOPT, Guidance. e Joint Commission and CDC selected 12 out-
patient-focused professional organizations and 10 ambulatory health-
care facilities to participate in the project, and Physicians Endoscopy
is one of them.
8. Physicians Endoscopy partnered with Atlanta-based Clearwave
Corp., in February 2016 to incorporate patient check-in solutions at
its centers. Clearwave's soware integrates with healthcare providers'
existing systems to help verify patient demographics as well as insur-
ance and payment information.
9. Barry Tanner serves as CEO of the company. He previously co-
founded and served as CFO for Miami-based Navix Radiology Sys-
tems, a physician practice management company. Karen Sablyak is the
company's CFO, while Frank Principati serves as COO.
10. Physicians Endoscopy publishes a GI-dedicated quarterly jour-
nal called EndoEconomics. It aims to offer physicians business advice
while also addressing economic topics of interest.
n
