ASC Leader to Know: Robert Murphy of ASC Turnaround Group

As the founder of ASC Turnaround Group and the founder and CEO of Murphy Healthcare Group, Robert Murphy is instrumental is helping to develop and manage quality ASCs across the country. As CEO of Murphy Healthcare Group, which he started in 1990 in Montvale, N.J., he has led the firm in developing over 25 surgery centers and amassing a current aggregate market capitalization of $650 million.

Mr. Murphy formed ASC Turnaround Group in New York City to expand his reach in the ASC community by acquiring and rehabilitating failing surgery centers as well as developing new ones. His joint venture with Henry Bloom, Surgery Centers of the Greater Metropolitan Area, is another ASC development and management company in the process of growing its first surgery center — the Center for Advanced Minimally Invasive Surgery — in Eatontown, N.J.

The experts at ASC Turnaround Group specialize in different fields — feasibility research, management structuring, investor relations, financing, staffing, equipment acquisition, licensing and accreditation — in order to create multi-faceted, profitable ASCs. On its website, the company assures potential customers, "In today's world of runaway healthcare costs and crippling bureaucracy, we're putting control back in the hands of physicians who've worked so hard to be successful."

Ever the entrepreneur, Mr. Murphy also owns a central data processing center in Montvale, N.J., that provides billing services to freestanding ASCs across the state. He is also an equity partner in several independently owned and operated ASCs throughout New Jersey and several other states.

Mr. Murphy received his master's in healthcare administration from Iona College in New Rochelle, N.Y. He is a member of the board of trustees of Mount Saint Mary College in Newburgh, N.Y.

-ASC Leader to Know: Dr. David Ott of Gateway Surgery Center

-ASC Leader to Know: Dennis Martin of Health Inventures

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