Northstar Healthcare Adds Three Physicians to Dallas Ambulatory Surgery Center, Closes Private Placement Offering for Equity

Northstar Healthcare has announced the closing on Dec. 31, 2012, of a private placement offering for equity at Northstar’s affiliated Dallas-area ambulatory surgery center, Microsurgery Institute, according to a Canada Newswire report.

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The company has placed three physicians either individually or through investment vehicles. The physicians will now be affiliated with Microsurgery.

Donald Kramer, MD, CEO of Northstar, commented that “finalizing the second round of re-syndication at our Dallas center represents another milestone in Northstar’s continuing turnaround. In August, we finalized a new strategic partnership with a busy and reputable spine surgeon, and then set ourselves a goal of attracting new physician-talent to the center. Now, several well-respected Dallas practitioners have affiliated with Microsurgery and are performing cases there.”

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