Gresham Station Surgery Center Partners with Symbion Healthcare
Posted on: Thursday, 24 September 2009, 15:42 CDT
GRESHAM, Ore., Sept. 24 /PRNewswire/ -- Gresham Station Surgery Center (GSSC) today announced Symbion Healthcare has purchased a 28.8 percent ownership interest in the physician-owned, multi-specialty surgical facility. Terms of the transaction were not disclosed.
A leading provider of outpatient surgical services, Symbion operates a network of 68 short-stay surgical facilities across 26 states. GSSC is the company's first facility in Oregon.
"Symbion brings an unrivaled level of experience and significant expertise in managing facilities like ours," said Edward McCluskey, M.D., co-founder and chairman of GSSC's Board of Directors. "We believe their involvement with our center will help us realize our full growth potential."
"We are delighted to partner with a company of Symbion's caliber," agreed Mary Barnhart, M.D., co-founder and member of GSSC's Board of Directors. "They are joining with us at a perfect time, enabling us to complete our initial vision of providing a valuable service to the patients in our community and surrounding areas."
The affiliation will provide Gresham Station with access to a wide range of clinical, financial and operational resources designed to support the addition of new services and physician partners.
"We have been impressed with the quality and level of service provided by Gresham Station Surgery Center and believe there is excellent potential for growth," said Richard E. Francis, Symbion's chairman and chief executive officer. "We look forward to working closely with our new physician partners to maximize this potential and expand the services offered to the community."
Located just miles from downtown Portland, Gresham Station Surgery Center (www.gssurgerycenter.com) is a state-of-the-art facility that offers a safe and convenient alternative to hospital-based surgery. The multi-specialty center is licensed by the Oregon State Department of Human Services and accredited by the Accreditation Association for Ambulatory Health Care (AAAHC), an independent quality organization dedicated to advancing patient safety, quality and value.
Headquartered in Nashville, Tenn., Symbion Healthcare (www.symbion.com) partners with physicians, hospitals and health systems to develop and operate short-stay surgical facilities. Through continued capital investment and flexible partnership arrangements, Symbion's network has grown to include 68 facilities in 26 states. In each of its locations, the company works to create a highly efficient, quality-focused environment designed around the needs of patients and physicians.
SOURCE Symbion Healthcare
Source: PR Newswire
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