Physician Transaction Advisors Client Executive Ambulatory Surgery Center enters into Partnership

Physician Transaction Advisors Client Executive Ambulatory Surgery Center enters into Partnership

Jim Freund

April 15, 2024

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 and the talented and committed physicians and staff at Executive Ambulatory Surgical Center”, said Chase Neal, CEO of SurgNet Health Partners, Inc.

The 15,000 square foot surgery center opened in late 2016 with a Michigan Certificate of Need (CON) and is Medicare certified. Executive Ambulatory Surgery Center is accredited with the Accreditation Association for Ambulatory Health Care (AAAHC) and State licensed. The ASC consists of one operating room and three large procedure rooms, with fifteen private PACU beds and is approved for 23-hour stays.

“With its unique ownership structure and goals, it was imperative to position the group and focus on finding a partner that would enable non-participating owners to realize an equity event while providing the physician partners with a pathway forward that would enable them to realize their clinical, operational and business objectives,” states Physician Transaction Advisors CEO, Jim Freund. “What resonated with the EASC leadership team was how SurgNet clearly demonstrated how it would bring its deep industry expertise and knowledge to this partnership and commit the resources needed to make the ASC more successful than ever.”

About SurgNet Health Partners, Inc.
SurgNet Health Partners, Inc. is a surgery center development and management company founded in 2022 in Nashville, TN by two industry veterans and healthcare leaders in Chase Neal and John Brock. To learn more about SurgNet Health Partners, Inc. visit www.surgnethealthpartners.com.

About Physician Transaction Advisors (formerly ASCs Inc.)
For more than 20 years Physician Transaction Advisors (PTA) has represented the best interests of the physician-owners and executives of group practices and surgery centers that are considering a strategic transaction or sale of their real estate. Their industry leading team leverages their decades of combined experience, knowledge and expertise gained from successfully completing more than 300 transactions to ensure their clients realize the absolute best financial and non-financial outcomes with their risk-free process. For more information, please visit www.healthcarePTA.com

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