Physicians Endoscopy Acquires Minority Interest in Illinois ASC
Physicians Endoscopy has acquired a minority interest in the Digestive Disease Endoscopy Center in Normal, Ill., according to a release.
DDEC is a joint venture partnership between five physicians, BroMenn Physicians Management Corporation and Physicians Endoscopy, which will provide management services to the facility. DDEC is a single-specialty ambulatory surgery center focusing on gastrointestinal disorders. The center performs nearly 4,000 procedures annually.
The three-room, 6,000-square-foot center is located on the Advocate BroMenn Healthcare Campus and connected to the medical center via a skywalk. The center includes four board-certified gastroenterologists: Kenneth Schoenig, MD, medical director; Thomas DeWeert, MD; Philip Koszyk, MD; and Vijay Misra, MD; and one board-certified colorectal surgeon, Darryl Fernandes, MD.
"Over the past year, we've contemplated adding a corporate partner to our business. Our partnership with Physicians Endoscopy provides the ideal business structure. PE has the knowledge and expertise that our center needs to run a seamless operation and take us to the next level. We look forward to a long, successful relationship," said Dr. Schoenig.
Learn more about Physicians Endoscopy.
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
- 15 Statistics on Accounts & Cases in Orthopedic-Driven ASCs
- 6 Proposed Legislative Changes Impacting Surgery Centers & Clinics
- Surgery Center of Fairfield County Opens in New Connecticut Location
- PENTAX Medical, Hitachi-Aloka Medical Continue Partnership to Pursue Endoscopic Ultrasound Systems Development
- 8 Recent GI-Driven Centers & Expansions