Physicians Surgical Center has three operating rooms and one procedure room and currently performs orthopedic, ENT, ophthalmology, pain management, gastroenterology, urology and general surgery procedures. In the last 12 months approximately 9,000 procedures were performed at the facility, generating approximately $8 million in net revenue.
“We are excited to have this large, diversified and very well run surgery center join NovaMed,” says Thomas S. Hall, NovaMed’s chairman, president and CEO. “This center is currently used by 23 doctors, 16 of whom will be our partners. We look forward to working with our new partners to realize the centers full growth potential.”
Chicago-based NovaMed acquires, develops and operates ASCs in partnership with physicians. With this transaction, NovaMed holds majority ownership interests in 36 ASCs located in 19 states. Learn more about NovaMed.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
