NovaMed Acquires ASC in Louisiana

NovaMed has announced that it has acquired a 51 percent interest in
the Interventional Pain Management Center, an ASC with four operating rooms located in Baton Rouge, La.

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The center currently performs pain management procedures exclusively
but has the potential to add other specialties.

"In the last 12 months approximately 15,000 pain management
procedures were performed at this surgery center generating
approximately $6 million in net revenue," said Thomas S. Hall,
NovaMed chairman, president and CEO in a press release from NovaMed. "Interventional Pain Management Center is a state-of-the-art facility
currently used by five doctors, four of whom will be our partners in
this center. We look forward to working with our new partners to
realize the center’s full growth potential."

McGuireWoods assisted NovaMed in the acquisition.

Learn more about NovaMed.

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