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National trade associations
Anesthesia staffing and management
Back-office management, outsourcing and accounting
Debt Collections
Management, development and equity firms
Patient satisfaction and benchmarking
Real estate acquisition and real estate investment trusts (REITS)
Surgical supply and equipment manufacturers
Valuation

 



National Trade Associations

 

Physician Hospitals of America. Physician Hospitals of America (PHA) offers support, advocacy and educational services to the physician owned hospital industry. PHA envisions a healthcare system focused primarily on patient care, in which physicians are involved in every aspect of delivery. PHA believes that all providers and participants in the healthcare industry must work together to navigate the issues, undertake a major industry “renovation” and ultimately, establish an effective, competitive, and practical healthcare system. For more information, visit the PHA online or contact Molly Sandvig, JD, Executive Director at (605) 275.5349 or This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

 

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Anesthesia Staffing and Practice Management

 

Anesthesia Healthcare Partners. Anesthesia Healthcare Partners was established in 1997 as an anesthesia staffing and practice management company. AHP provides hospitals, surgery centers or office-based practice with the choice of all-inclusive anesthesia service solutions or any combination of those distinct anesthesia service components, which include anesthesia billing, recruitment and practice management. AHP manages anesthesia teams that include anesthesiologists and CRNAs, and provides safe, consistent and efficient anesthesia services, including propofol sedation. The ability to form long-term relationships and provide excellent service levels needed to maintain these valuable client relations is at the foundation of AHP's success. Learn more about AHP.

Somnia. Somnia is a leading provider of anesthesia services to hospitals, ASCs and office-based surgical facilities nationwide. Physician-owned and managed, the company focuses exclusively on the business of anesthesia. Somnia’s specialized expertise, industry-leading coverage record and team approach have enabled facilities to focus on providing safe and efficient surgical experiences for their patients, while gaining administrative and financial control over anesthesia services. Learn more about Somnia.

Superior Medical Services. Superior Medical Services is a full-service medical recruitment firm specializing in permanent and locum tenens placement of anesthesiologists, CRNAs and pain management physicians nationwide. Learn more about SMS or call (847) 816-9296.

 

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Back-office management, outsourcing and accounting

 

MedHQ. Based in suburban Chicago, MedHQ provides accounting, revenue cycle, human resources and credentialing services to clients in 10 states. MedHQ is the expert in all these fields, providing business office functions to hospitals, surgery centers, imaging centers and physician practices nationwide. Using state-of-the-art technology, MedHQ applies business solutions with the human touch appropriate for healthcare. By outsourcing functions of your practice to MedHQ, you can eliminate capital investments in office equipment, computer hardware and software that are required when you employ staff in-house. The company’s services save medical facilities time and money and enable physicians to perform more cases. In short, you’re able to focus on patients because MedHQ is focused on the business.

 

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Debt Collections

 

Affiliated Credit Services. Affiliated Credit Services is a Colo.-based professional account receivables management firm which focuses on increasing businesses cash flow by providing superior collection services. ACS has emerged as one of the most relied on collection agencies in several industries in the state. With three well-placed locations in Colorado and a market share that covers 25 percent of the state, ACS plays a critical role in recovering bad debt dollars and returning that money into the marketplace, both in the state and nationally. Maintaining a well-established client base while adding new clients is essential to good business. The company's solid company structure allows it to add clients, while continuing to receive high quality ratings among its current clients. Learn more about ACS.

 

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Management, development and equity firms

 

Foundation Surgery Affiliates. Foundation Surgery Affiliates is a healthcare management organization specializing in project development, innovative facility design, partner recruitment and facility operations for surgical hospitals, bariatric hospitals and healthplexes, surgery centers and medical office buildings. Foundation, established in 1996, is founded on the values of excellence, leadership, integrity and compassion. We are committed to continually delivering the highest quality of services for our physician partners and patient care in the industry.

More information about FSA can be found at www.foundationsurgery.com.

Health Inventures. Health Inventures is a management and consulting services firm, Health Inventures has been developing and expanding ambulatory surgery care and other outpatient services since 1976. Learn more about them at www.healthinventures.com or call (877) 304-8940.

Physicians Endoscopy. Physicians Endoscopy develops and manages endoscopic ambulatory surgery centers in partnership with practicing GI physicians and hospitals. We currently partner with 150+ physicians in Arizona, California, Florida, Indiana, Michigan, North Carolina, New Jersey, Ohio, Pennsylvania, Texas and Washington. The company’s physician and hospital partners enjoy majority equity ownership and maintain all facets of local control, while PE holds a minority ownership position. It’s 14 operating centers provide services to 125,000+ patients annually. The company has five additional centers under development. The strategy is simple: service. Physicians Endoscopy is forthright, reliable, and communicative, and we deliver upon expectations and promises. Additionally, its centers regularly deliver a greater-than-50 percent profit margin. Visit them on the Web at www.endocenters.com, or This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or call him at (215) 589-9003.

Pinnacle III. Pinnacle III specializes in the operational development, management, select management and billing for ASCs. Whether you are a physician group, hospital or hospital joint-venture, Pinnacle III can assist both single and multi-specialty ASCs throughout the country. Pinnacle III is a flexible development and management company offering both equity and non-equity models. Pinnacle’s services include Pinnacle Centralized Billing Operations (CBO), a cost-effective alternative to typical in house billing operations for both ASCs as well as surgical practice billing. For more information about Pinnacle III, or Pinnacle CBO, call Ginger, vice president of development, at (303) 550-1132 or visit Pinnacle III online. Learn more about Pinnacle CBO.

Prexus Health. Prexus Health is a 100 percent physician-owned company that specializes in the development and management of multi-specialty, physician-owned ASCs and small hospitals. Because Prexus believes in the "campus model" of development, it also assists with the development and operation of imaging centers, physical therapy services and anatomical pathology labs. About 75 percent of the company’s business is "rescue" or "conversion" business, with the balance being "de novo" projects. Prexus charges a one-time development fee for each "de novo" project, and its ongoing management services cost (1 percent of net collections plus $5,000 per month) is also very reasonable. The company’s governance model relies on a local board of directors who employ an onsite administrator, so physician partners obtain local physician control, with a higher level of management expertise than they could employ themselves. For more information, call (513) 454-1414, This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or visit the company Web site.

 

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Patient satisfaction and benchmarking

 

CTQ Solutions. CTQ Solutions is a leading provider of healthcare satisfaction and benchmarking services. CTQ’s EdgeSurvey™ provides ASC patient satisfaction targeting quality and process improvement initiatives, improving patient loyalty and meeting all industry accreditation requirements.

EdgeSurvey™ can significantly improve patient response through innovative online technology while substantially reducing survey cost and time. Quality assurance and problem resolution modules come standard with EdgeSurvey™. Complementary CTQ portfolio products include physician, referring physician and employee surveying. CTQ is an approved HCAHPS® vendor and presently conducts national clinical benchmarking for the Physician Hospitals of America.

For more information visit www.ctqsolutions.com, or contact Paul Faraclas, CEO, at (877) 208-7605 x104 or This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

 

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Real estate acquisition and real estate investment trusts (REITS)

 

The Sanders Trust. The Sanders Trust owns, acquires and develops medical office buildings and ambulatory surgery centers. Owners of ASC "bricks and mortar" who sell their facilities and lease them back from The Sanders Trust benefit by eliminating debt guarantees and freeing capital from an illiquid investment while maintaining control over building management and operation. Founded in 1997, The Sanders Trust is lead by a 20-year healthcare veteran, CEO Rance Sanders, and by the former Green Bay Packer and NFL Hall of Fame quarterback Bart Starr.

To learn more about how The Sanders Trust can improve your personal balance sheet, visit its Web site, This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or call him at (205) 298-0809 to discuss the sale of your ASC building or MOB.

 

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Surgical supply and equipment manufacturers

 

Progressive Dynamics Medical. Progressive Dynamics Medical manufactures six different types of warming covers to meet various requirements for the operating and recovery rooms. Learn more at www.progressivedynamicsmedical.com or call (269) 781-4241.

Spine Surgical Innovation. Spine Surgical Innovation designs and markets the Holmed Swivel Port System, which is designed for ease of use and intended for posterior or lateral lumbar surgery. Learn more at www.spinesurgicalinnovation.com or call (800) 350-8188.


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Valuation

 

HealthCare Appraisers. HealthCare Appraisers is a nationally recognized valuation and consulting firm providing services exclusively to the healthcare industry. Services include the following:

  • Fair Market Value opinions for compensation and service arrangements (including but not limited to employment; on-call; medical directorships; collection guarantees; "per click" equipment leasing; billing under arrangements; and block leasing);
  • Business Valuation (including but not limited to ASCs, hospitals, dialysis centers; home health, diagnostic and other treatment facilities, physician practices, and intangible assets);
  • Consulting and Advisory Services; and
  • Litigation Support

Please visit Healthcare Appraisers’ Web site or call the Delray Beach, Fla., office at (561) 330-3488 or the Denver, Colo., office at (303) 688-0700.

Principle Valuation. Principle Valuation specializes in the valuation of all types of healthcare real estate including hospitals, independent-living communities, assisted living residences, skilled-nursing facilities, continuing-care retirement communities, medical office buildings, ASCs, pharmacies and rehabilitation facilities. Visit www.principlevaluation.com or call (312) 422-1010 to learn more.

VMG Health. VMG Health is recognized by leading healthcare providers as one of the most trusted valuation and transaction advisors in the United States. VMG’s experience is unparalleled and their credentials are unmatched. Whether circumstances call for a comprehensive valuation, the sale or acquisition of a facility, or joint-venture development assistance, VMG Health offers a unique and in-depth understanding of the relationships, requirements and business issues that surround today’s healthcare facilities. Along with performing hundreds of ASC valuations each year, VMG maintains the most comprehensive database on ASC financial benchmarking statistics. VMG’s annual benchmarking study, the Intellimarker, provides decision makers with real information to measure and improve the value of their centers. For healthcare organizations seeking to grow, maximize profitability or form new relationships, having a partnership with financial experts who thoroughly understand the value drivers in today’s healthcare industry is absolutely essential. For more information, visit VMG’s Web site or This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

 

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