CHICAGO, March 7 /PRNewswire/ -- National Surgical Care (NSC), which partners with physicians and hospitals to operate ambulatory surgery centers across the country, announced today that it has acquired Aspen Healthcare, a surgery center management and development company. Terms were not disclosed.
In the past 15 months, NSC has acquired six multi-specialty surgery centers in Maryland, Texas, Florida, Nevada and California. The acquisition of Aspen provides NSC with increased operations infrastructure and additional resources in developing surgery centers. Combined, NSC will operate 23 surgery centers.
Founded by Tom Yerden in 1992, Aspen manages hospital-physician joint ventures and physician-owned surgery centers. Regarded in the industry as a premier new project developer, Aspen has served more than 75 ASCs across the country since its formation. Aspen was majority-owned by TLC Vision Corporation .
Yerden will serve as NSC's Chief Development Officer. Rick Pence, who has been with NSC since its inception, will assume the role of Chief Operations Officer.
E. Timothy Geary, Chairman and Chief Executive Officer of NSC, said the Aspen acquisition reflects NSC's growth strategy. "This enables us to grow significantly in the development arena and provides us with the additional capacity necessary to acquire, develop, and manage more surgery centers across the U.S.," he said. "Aspen's philosophy is similar to ours: we both strive continuously to enhance the value of each center through revenue growth, innovation and cost management."
According to Yerden, the Aspen team is excited to join NSC and to continue offering top level services to their physician and hospital partners. "I believe our combined companies have unique human resources and talents that will distinguish us in the ASC industry," Yerden said. "In addition, NSC's financial resources will help accelerate new surgery center development, which will ultimately benefit our physician and hospital partners."
Headquartered in Chicago, NSC supports its network of surgery centers with experienced operations management and strong financial resources, and is dedicated to clinical excellence in outpatient surgery services.
National Surgical CareCONTACT: John Harris of A5, +1-312-706-2529, jharris@a5inc.com ; or,Bryan Burgett of National Surgical Care, 1-312-419-1033,bburgett@natsurgcare.com