Client Testimonials

For twenty-five years, physician-owners have trusted Physician Transaction Advisors (formerly ASCs Inc.) to guide them through the most consequential transaction of their careers. We are not investment bankers or brokers — we are advisors who built our careers inside outpatient healthcare organizations, learning firsthand which value levers to pull to improve operational efficiency and grow enterprise value.

That difference shows in the outcomes our clients achieve. Across more than 300 complex healthcare transactions, physician-owners have consistently realized results they could not have reached on their own. Here is what some of them have to say.

“While we were already working with prospective buyers, our group decided to interview and select a firm to help us through this process. PTA not only helped us find the right partner and got us the absolute best price, but they guided us through the challenging due diligence and closing processes. They cost us a fraction of what they were worth and I don’t know why any physician group would do a deal without them.”

Dr. A. J. Mencias
South Bend Orthopaedics

“We are extremely pleased with the team at Physician Transaction Advisors. Having gone through the process, I cannot imagine managing it ourselves. The time, effort, and expertise required—from marketing and engaging prospective buyers to negotiating pricing and terms and supporting us through intensive due diligence—were far greater than we anticipated. If you are considering managing this process on your own, please think again, you will end up with a far better outcome by using the PTA team, guaranteed.”

Craig Ellison, MD
Gastro Health

“As physicians we felt it was better for us to facilitate all negotiations and discussions with any potential buyers through our advisor, Physician Transaction Advisors. Their expertise and understanding of the transaction process, the insight they provided, and the impact that they had on our success was far greater than we ever could ever have anticipated. Knowing what we do now, we as a group would strongly recommend using them for any future transactions.”

Dr. Govind Patel
Choice Care Surgery Center

“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. 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.”

Dr. Mrunal Patel
Choice Care Surgery Center

“The Physician Transaction Advisors team enabled us to fully evaluate all our strategic partnership options and make the best decision for our group. In addition they negotiated an exceptional financial package and deal terms for us.”

Roni Aizigov, CRNA
Granger Surgery Center

“We selected Physician Transaction Advisors (PTA) to help us manage this time consuming and complex process because they had extensive experience in similar transactions and an excellent reputation. PTA ensured our group that there was no obligation on our part to complete a transaction unless we found the right partner at the correct terms. We were beyond pleased with the end result and the value they added through the process.”

Dr. Leonard Berenholz
Lippy Surgery Center

“It is with great pleasure and personal satisfaction I write a recommendation for the outstanding work PTA did in the sale of our ASC. Three years ago our profitable surgical center began declining in revenue significantly. Due to multiple reasons including decreased facility fees by insurance providers as well as state PIP fee schedule reductions.

After a trial of several different cost reductions and income enhancers we had collectively agreed that it was time to sell half of our ASC. One of the founding partners hired a local company to find us an appropriate suitor. After tremendous financial expense, 6 months of unfruitful meetings with various companies (that were not truly interested in purchasing us) I was fortunate enough to be introduced to PTA, who was the exact opposite of the previous group we were working with.

After speaking with PTA even for a short period of time, it was quite evident that their experience and track records were greatly needed. My partners were on board and in less than 6 weeks we had several seriously interested companies contacting us. After selecting one of these companies, PTA literally walked us through the process insured us that we got the best price and we were bought at a better than market value rate in less than 8 months.

I cannot thank PTA enough for literally saving us from a disastrous situation to one that was extremely profitable as well as relatively stress free. As I told them, ‘It was the best money I ever spent.”

Steven M. Stoller, MD
Orthopedic Surgeon

“As a way of introduction, the gastroenterologists at the Hackensack Endoscopy Center (HEC), 15 physicians, and those at the Endoscopy Center of Bergen County (ECBC), 25 physicians (both centers in Northern NJ) had been working with PTA (formerly ASCs Inc.) for 4 yrs to find the the best corporate, and /or hospital partner who would help grow and further develop our centers.

The PTA team worked tirelessly on our behalf over a prolonged period to allow us to achieve our goals and undoubtedly the successful partnership that we achieved would not have been possible without his counsel and expertise. Thay located partnership opportunities for us that would not have been available without his extensive knowledge of the ASC/endo center environment and took us through the many steps required from valuation, through initial introductions to company representatives, and ultimately arranging critical meetings with corporate and hospital executives which allowed us to finalize our transaction. Throughout the process, their strategic advice, knowledge, patience, and wise counsel was critical to us completing our objectives and reaching a financial goal that could not have been achieved without them.

I would highly recommend PTA to any physicians who have an interest in an ASC or endocenter and are looking for corporate partners and require strategic advice about pursuing a future partnership.”

Rich Golding, MD
Gastroenterologist

“The team at PTA worked with us over an extended period to help us best position our group, never pushing us to go to market until we were ready, and then both enabled us to evaluate all of our strategic partnership options and realize what we believe is the best outcome for our organization. We could never have done this without their help and the expertise that they provided us throughout.”

Dr. Majid Saleem
Advanced Spine and Pain

“We selected PTA because they had extensive experience in similar transactions, they have an excellent reputation and there was no obligation on our part to complete a transaction unless we found the right partner at the right price. Without question there was far more involved in this process than we ever would have anticipated. Not only did they introduce us to groups that we would never have been aware of but they worked tirelessly on our behalf to get us the right result while ensure that our new partners felt confident that they were making the right decision in paying a premium for our practice. We were beyond pleased with the end result and never would have ended up with the outcome that we did without their help.”

Dr. Greg Parr
Founding Partner
Florida Urology Center

“PTA took the time to truly understand our group and our goals and then presented our organizations to qualified interested parties. As a result, we were able to understand all of our options and make an informed decision. We would never have ended up with the results we did without their help every step of the way.”

Dr. Dominic Izzo
Berkshire Eye Group

“I want to thank Physician Transaction Advisors,. for your tireless support during the very time lengthy and complex transaction process. The courtesy which you consistently showed to the Buyers very definitely had a calming effect, and your professionalism led them to make several important concessions and us to ultimately realize an exceptional result.”

Dr. Gregory Tesluk
Ophthalmologist

“We selected Physician Transaction Advisors to help us with this process after interviewing several investment bankers because they had extensive experience in similar transactions and an excellent reputation. PTA ensured our group that there was no obligation on our part to complete a transaction unless we found the right partner at the correct terms. We were beyond pleased with the end result.”

Dr. Neal Luther
Minimally Invasive Surgery
Center of New England

“I have had the opportunity to work with a lot of people in many different business situations. I’ve learned much and can say Physician Transaction Advisors (formerly ASCs Inc.) is one in a million. You’ll be fortunate to have them representing you.”

Vrej Manoogian, MD
Orthopedic Surgeon

“Physician Transaction Advisors (formerly ASCs Inc.) guided us through partnership options (hospital, corporate, other) and offered a realistic and understandable valuation methodology specifically for our center.”

Steve Seagren, MD
Gastroenterology

“We have been very pleased with their work on our behalf and indebted to Physician Transaction Advisors (formerly ASCs Inc.) for helping us realize our goals regarding this sale.”

Norman Cohen, MD
Ophthalmologist

“It is a privilege working with Physician Transaction Advisors (formerly ASCs Inc.) – and they are the BEST in the business – and they put their clients FIRST!”

Kemp Massengill, MD
Ophthalmologist