Stephanie Terry, who brings more than three decades of ASC industry experience spanning development, operations, and equity ownership, recently joined the This Week in Surgery Centers podcast by HST Pathways. Stephanie works closely with physician groups to evaluate partnership opportunities and guide them through the transaction process from start to finish. Watch the full episode[...]

Jim Freund, Managing Partner and CEO of Physician Transaction Advisors, recently joined the This Week in Surgery Centers podcast by HST Pathways to share his expertise on ASC transactions, valuations, and strategic planning. With over 20 years of experience advising physician-owned surgery centers through hundreds of deals nationwide, Jim offered valuable insights for ASC leaders[...]

Engaging PTA after offers had been submitted results in a significant increase in valuation Mesa, AZ: Physician Transaction Advisors (formerly ASCs Inc.) is pleased to announce that its client, the Surgery Center of Gilbert ("SCG"), has entered into a joint venture with Banner Health, a leading hospital system, and Atlas Healthcare Partners, which specializes in the[...]

We are pleased to announce that our client, the Advanced Pain and Spine Centers and the Executive Surgery Center of Little Rock, AR, has entered into a strategic partnership agreement with DxTx Pain and Spine, a best-in-class nationwide network of physicians and healthcare professionals focused on diagnosing and treating the sources of pain. The physician-owners[...]

We are pleased to announce the strategic partnership between our client, the Surgery Center of Conway, and Amsurg, one of the nation’s leading ambulatory healthcare providers. Founded in 2019, the Surgery Center of Conway is a physician-owned, ophthalmology and retina focused ambulatory surgery center in Conway, SC, with a reputation for delivering high-quality outpatient alternatives[...]

Jim Freund, managing partner at Physician Transaction Advisors, has spent decades in the ASC space, long before investment bankers began eyeing the sector. Mr. Freund joined Becker’s ASC Review for an interview to answer two key questions on how his team’s experience shapes their approach to transactions: Question #1: You’ve mentioned your clients see[...]

Physicians are feeling the squeeze between decreasing reimbursements from insurance companies and increasing practice overhead with staff salaries and rent expenses going up. Some physicians are finding creative ways to enjoy the benefits of private practice while achieving economies of scale provided by a larger organization or private equity backed group. "The challenges associated with[...]

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[...]

PORTLAND, ME — Physician Transaction Advisors announced that its 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. The new partnership will allow the physicians[...]

Hospitals continue to look to ASCs as outpatient surgery becomes more popular and the need to cut costs grows. Jim Freund, managing partner for Physician Transaction Advisors, joined Becker's to discuss three trends on the horizon for the ASC industry. Read the full article here: https://healthcarepta.com/hospitals-embrace-ascs/

Midland, TX: Physician Transaction Advisors (formerly ASCs Inc.) is pleased to announce that its client, the Choice Care Surgery Center ("CCSC"), has entered into a joint venture with a leading regional hospital and a national provider of surgical services. CCSC, located in Midland, TX, joins United Surgical Partners International (USPI), the largest ambulatory surgery center network[...]

The landscape of ambulatory surgery centers (ASCs) continues to evolve, with joint ventures playing an increasingly important role in their development and operation. As external interest in ASC partnerships grows, industry experts are noting significant shifts in how these collaborations are formed and managed. Jim Freund, managing partner of ASCs Inc. in Madison, Connecticut, offers[...]

Dearborn, MI – Physician Transaction Advisors (formerly ASCs Inc.) is pleased to announce that its 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[...]

January 2024 | Frederick, Maryland – Physician Transaction Advisors (formerly ASCs Inc.) 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. Founded in 2002, the Orthopedic-oriented multi-specialty ambulatory surgery center[...]

Granger, IN – Physician Transaction Advisors (formerly ASCs Inc.) is pleased to announce that its client, the Granger Surgery Center, has entered into a partnership with a leading national organization focused on helping physicians provide the highest quality surgical care. The newly developed surgery center in Granger, Indiana, serving patients throughout northeast Indiana, performed their first[...]

Warren, OH – Physician Transaction Advisors (formerly ASCs Inc.) is pleased to announce that its client, the Lippy Surgery 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 talented and committed physicians[...]

Physician Transaction Advisors (formerly ASCs Inc.) is pleased to announce the closing of a healthcare real estate sale-leaseback transaction for the Serra Medical Plaza, a 13,000 square-foot two-story medical office building (MOB) in Thousand Oaks, California. The Property was built-to-suit in 2014 and is 100% leased to Thousand Oaks Surgery Center (TOSC) – a leading multi-specialty surgery center[...]

ASCs Inc., one of the nation’s leading healthcare advisory firms, announced today that it has changed its name to Physician Transaction Advisors (PTA).   “The rebranding reflects how the company has evolved over the past several years, expanding well beyond the surgery center market," said PTA Managing Partner, Jim Freund.  "The new Physician Transaction Advisors[...]

For decades, physician-owned practices and ASCs have been partnering with companies that can help them scale, grow and operate more efficiently. Over the past several years private equity firms have vigorously pursued these strategic partnerships, focusing on forging alliances and building platforms that can power surgical facilities’ business models and growth objectives. Becker’s ASC Review[...]

SOUTH BEND, Ind., March 8, 2023 /PRNewswire/ — Physician Transaction Advisors (formerly ASCs Inc.) is pleased to announce that one of the leading orthopaedic groups in the Midwest, South Bend Orthopaedics (SBO), has entered into a partnership with OrthoAlliance. The partnership will enhance SBO’s success and comprehensive approach to delivering specialized bone, joint, and muscle[...]

Healthcare transactions increased in the last year, with physician medical group deals jumping 119 percent year over year, according to a PwC report. The COVID-19 pandemic stressed many smaller physician-owned practices, and costs to run ASC businesses aren’t likely to drop any time soon. Many physicians are looking to merge with other independent physician groups,[...]

PALM COAST, Fla., July 7, 2022 /PRNewswire/ — Physician Transaction Advisors (formerly ASCs Inc.) is pleased to announce that Florida Urology Center and Physicians Ambulatory Surgery Center has entered into a partnership with U.S. Urology Partners. “Florida Urology Center’s mission of providing quality, affordable and compassionate care to its patients was the basis on which we[...]

San Diego, CA. May 18, 2022 – Physician Transaction Advisors is pleased to announce that its client, the Minimally Invasive Surgery Center of New Hampshire (“MISCNE”), has entered into a joint venture with a leading national provider of Musculoskeletal Services. MISNE is located in Bedford, New Hampshire and joins USPI, the nation’s largest ambulatory surgical[...]

Physician Transaction Advisors (formerly ASCs Inc.) is pleased to announce that the physician-owners of the Modesto Surgery Center have sold the ASC to a national Surgery Center Management Company and a syndicated group of surgeons. The physician-owners of the single-specialty ASC were seeking an exit strategy and a buyer for the ASC business that could[...]