Become a Partner

Forming Your Corporation and Creating Your ASC

We have developed numerous surgery centers. Chances are, this will be the first time you have participated as an investor-owner in an ASC. SurgCenter Development will provide the template for success and will work with you to customize the ASC to meet the needs of the partners and local market.

Typically, the process involves:

Physician Investor Recruitment
The recruitment of physician investors and legal formation of the company are traditionally the first steps to begin the process.

Establishment of the ASC
Typically, a 1% ownership is sold for $9,000. A 5% ownership in the LLC represents a $45,000 investment by an individual Member.

Operational Structure
The ASC is operated in accordance with SurgCenter’s Standard Operating Agreement. This document is designed to be understandable and user friendly and has been successfully used in all of our projects.

The combined investment of the Members creates an initial capitalization of $630,000 – $900,000. This amount may vary depending on the size and scope of the project. Based on previous surgery centers we have helped develop, this initial capital is allocated as follows:

Start-Up Expenses $200,000
Working Capital $400,000
Minor Equipment/Supplies $150,000
Contingency $150,000
Total $900,000

SurgCenter Development will assist the Members in securing financing for equipment purchases and tenant improvement costs. In many of our previous ASC projects, tenant improvement financing has been secured with no or limited personal guarantees required of the physician owners. Equipment financing is available through equipment leasing companies secured by the equipment.

Start the Partnership process today!


Tenet closes $1.1B surgery center deal

Dallas-based Tenet paid $1.1 billion to acquire SurgCenter Development's ownership interests in 86 ambulatory surgery centers and related services, the company said in a Dec. 22 news release. USPI has offered to acquire a portion of equity interests in the ASCs from physician owners for $250 million.

SCD Announces Development of Advanced Surgical Care of Maryland

Advanced Surgical Care of Maryland will feature two operating rooms featuring state-of-the-art equipment and a trained team that includes surgeons who specialize in general orthopedics, sports medicine, outpatient total joint replacement surgery, and pain management.