Physician Transaction Advisors, formerly ASCs Inc.

Stephanie Tarry, Senior Partner at Physician Transaction Advisors, was featured in this month’s ASC Focus Magazine article, “Preparing Your ASC for a Sale.” This comprehensive piece shares essential guidance for ASC owners considering a sale, including: — The importance of selecting the right partner — Building an effective transaction team — Aligning physician goals and expectations — Engaging multiple potential buyers — Remaining patient throughout the process As Stephanie emphasizes in the article: “A lot is riding on who you select as your partner. You can receive nice cash proceeds up front but then find yourself very disappointed in how things play out post transaction. To achieve a successful sale that meets your short- and long-term goals, you must be willing to put in the work.” Putting in the work on behalf of the physician-owners we represent is something we’ve been committed to for over 20 years. The industry leading team at Physician Transaction Advisors (formerly ASCs Inc.) has successfully guided hundreds of Physician-Owned Groups through transactions with Private Equity and Strategic Partners, helping our clients realize maximum value. Thank you to ASC Focus for featuring our expertise! Read the full article online at:?https://lnkd.in/gPuT7j7j

Physician Transaction Advisors is pleased to announce that our client, Spectrum Orthopaedics, a leading provider of orthopedic care in Maine, has entered into a strategic partnership with national management services organization Growth Orthopedics and will rebrand, along with its affiliated ambulatory surgery center, as Orthopaedic Associates of Maine. “Our focus on enabling the physician-owners of Orthoapaedic Associates of Maine to fully evaluate all their strategic partnership options ensured they could confidently select the right partner for their group”, states Jim Freund, Managing Partner of Physician Transaction Advisors (formerly ASCs Inc.) who represented the physician owners throughout the process. “In addition, our team negotiated the best financial and non-financial terms on their behalf and supported them through the extensive due diligence process.?The result is a true win-win for both of these exceptional organizations.” Read the full press release at: https://lnkd.in/gT5t9P-S

We are pleased to announce that our client, Choice Care Surgery Center (CCSC) of Midland, Texas has entered into a joint venture with a leading regional hospital and a national provider of surgical services. CCSC will join United Surgical Partners International, Inc (USPI), the largest ambulatory surgery center network in the United States. “For our group, the expert advice and guidance the Physician Transaction Advisors team provided every step of the way was instrumental in our successful partnership transaction,” explains Dr. Mrunal Patel, Director of CCSC. “This was a far more complex and time-consuming process than anyone our team had envisioned. Physician Transaction Advisors did so much more than negotiate the best price and terms. From start to finish, they went above and beyond to ensure we realized an exceptional outcome.” Read the full press release at: https://lnkd.in/gX6hYtrj

ASC Focus Cover Story - A look at ASC joint ventures over the years

We are pleased to announce that our client, the Executive Ambulatory Surgical Center, has entered into a joint venture with SurgNet Health Partners, Inc., a Nashville, TN surgery center development and management company. “We could not be more delighted to have partnered with the exceptional leadership team and the talented and committed physicians and staff at Executive Ambulatory Surgical Center”, said Chase Neal, CEO of SurgNet Health Partners, Inc. Read the full announcement at: https://lnkd.in/gQ3tveDq

Physician Transaction Advisors is pleased to announce that its client, the?Physicians Surgery Center of Frederick?(“PSCF”), located in Frederick, MD, has entered into a joint venture with SurgCenter Development, a leading national provider of surgery center services. The physician-owners of PSCF include top-tier orthopedist, Ophthalmologist and plastic surgeons. In 2023, they performed over 250 total joint replacement procedures in the beautifully constructed free-standing surgery center which includes two operating rooms and eight pre- and post-op stations. PTA Managing Partner, Jim Freund stated, “This was an extremely competitive process and the owners of PSCF were able to fully evaluate many potential partners, truly understand the value that each would bring, ensure that these firms clearly understood their goals and objectives and ultimately make an informed decision regarding the future of their organization.” Details at: https://lnkd.in/ghMTapG3 Scott Andochick