Symbion Expands into South Carolina Through Acquisition of Majority Interest in a Multi-Specialty Ambulatory Surgery Center in
March 30 2006 - 4:53PM
Business Wire
Symbion, Inc. (NASDAQ/NM:SMBI), an owner and operator of short stay
surgery centers, announced today that it has acquired a majority
interest and consolidating position in the Center for Special
Surgery, LLC, a multi-specialty ambulatory surgery center located
in Greenville, South Carolina. The Center for Special Surgery, LLC
began operations in September 2002 and includes two operating rooms
and one minor procedure room. Presently, there are eight physician
partners, four orthopedic surgeons and four hand surgeons, who each
own an interest in the Center. Commenting on the announcement,
Richard E. Francis, Jr., chairman and chief executive officer of
Symbion, said, "We are very excited to be expanding our national
footprint to include South Carolina, our 23rd state, through the
acquisition of the Center for Special Surgery, LLC. We believe this
facility is a quality addition to the Symbion network, and we look
forward to working with the excellent group of physicians and other
healthcare professionals associated with the Center to expand the
scope of services offered to the Greater Greenville area, which is
one of the fastest growing areas of the state." Symbion, Inc.,
headquartered in Nashville, Tennessee, owns and operates a network
of 62 short stay surgery centers in 23 states. The Company's
centers provide non-emergency surgical procedures across many
specialties.
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