AmSurg announces the signing of a definitive merger agreement for the acquisition of Dallas, TX-based National Surgical Care (NSC). Through the acquisition of NSC, AmSurg is poised to add 18 new ambulatory surgery centers (ASCs) and diversify its specialty mix. Orthopedic/Spine, Ear, Nose and Throat (ENT), Pain Management and Podiatry are among the top procedures being performed in the ASCs AmSurg will add to its primarily Gastrointestinal (GI), Ophthalmology, Multi-Specialty mix. National Surgical Care centers performed more than 100,000 procedures last year, and the company is partnered with nearly 300 physicians.
Commenting on the announcement, Chris Holden, Chief Executive Officer of AmSurg, said, “We are very pleased to announce this definitive agreement with NSC. NSC’s CEO, Sami Abbasi, and his team have developed a premier organization that operates 18 large, high quality and well managed ASCs, staffed with outstanding center teams. These centers are located across the U.S. in nine states and compliment and expand our existing footprint. Through this transaction, we will increase our multi-specialty ASCs to a total of 43, based on year-end 2010 numbers, making AmSurg’s network of majority-owned multi-specialty centers one of the largest among ASC companies in the country, in addition to our leading positions in the single surgical specialty markets for GI ASCs and ophthalmology ASCs. This strategic acquisition diversifies our portfolio and advances our vision of becoming a global leader in ambulatory healthcare services.”
Sami S. Abbasi, Chairman and Chief Executive Officer of NSC, remarked, “We are also pleased to be joining AmSurg, a company whose physician-centric culture and commitment to excellence mirror our own. We are proud of NSC’s accomplishments in the development of high quality centers that provide outstanding services and operating performance for our physician partners and excellent care for our patients. Our mission has always been to be the surgical provider of choice in our communities, with a culture that attracts the best possible people and AMSG Announces Definitive Agreement to Acquire National Surgical Care that promotes learning, continuous improvement and growth. We are confident that our agreement to join AmSurg represents the right opportunity to carry this mission forward successfully.”
Partnering with over 1,200 physicians at more than 200 outpatient surgery centers across the United States, AmSurg is the nationally recognized leader in the development, management and operation of outpatient surgery centers.