Compass Closes Second Round of Syndication for Capital City Surgery Center

(July 1, 2012) – Compass Surgical Partners has added 16 new surgeons to Capital City Surgery Center, a joint venture between Wake Med, local physicians and Compass. This latest round of syndication closed on July 1, 2012, creating a partnership with 40 local physicians. The initial round of syndication closed March 1, 2012, with 24 physician partners.

The multispecialty ASC located near WakeMed Raleigh Campus is a joint venture between WakeMed and community physicians and is managed by Compass Surgical Partners. Capital City Surgery Center has eight operating rooms and three procedure rooms currently equipped for general orthopedics, hand, spine, ENT, ophthalmology, urology and general surgery.

DJ Hill Speaks at 4th Annual NJ ASC Review Program

(June 14, 2012) – DJ Hill was invited to speak at the 4th Annual New Jersey Association of Ambulatory Surgery Centers Review, a seminar on the latest regulatory and business developments affecting New Jersey ambulatory surgery centers. The seminar is an opportunity for national and statewide ASC leaders to discuss the current issues affecting the industry.

Hill made a presentation on the topic: "National Trends: NJ Implications — Guidance for Turbulent Times." During his talk, he discussed four national trends: the pressure of a lower reimbursement climate, hospital employment of physicians, "power" physician groups and market saturation.

Scott Nation, RN, Joins Compass

(June 1, 2012) – Scott Nation, RN, formerly Vice President of Clinical Operations and Vice President of West Operations for Titan Health Corporation, joined Compass Surgical Partners as Senior Operations Executive.

Nation began his career as an operating room nurse and manager. He has more than 20 years of experience in the outpatient health care industry, serving in critical clinical, administrative and executive roles. He brings a wealth of skill and knowledge to clinical operations, turnaround situations, Joint Commission accreditation and ASC management.

With a deep knowledge of surgery center operations, Nation oversees the day-to-day operations of Compass partner ASCs while implementing an effective, hands-on approach.

Compass Agrees to Help Tampa Bay Center with Operations

BAPSC(April 1, 2012) – Compass Surgical Partners has been engaged to provide management services for an existing ASC in Brandon, FL. Bay Area Physician's Surgery Center includes three operating rooms and three procedure rooms for specialties including urology, orthopedics, ENT and GI.

Compass is repositioning the center in the marketplace, assisting with accreditation, securing local insurance contracts, restructuring debt and resyndicating for additional physician partners. The firm expects to purchase equity in the partnership near the end of 2012.

St. Francis Medical Center in New Jersey Engages Compass for Surgery Center on Team Campus Bordentown

(March 1, 2012)Compass Surgical Partners has entered into a joint venture with St. Francis Medical Center for a surgery center on the Team Campus Bordentown site.

Team Campus Bordentown is a $50 million project that is home to state-of-the-art office and medical space on a 32 acres in a fast-growing area of Central New Jersey. The site is being developed by St. Francis Medical Center and K. Johnson Enterprises, a real estate and business development company led by former NFL star and Hamilton, N.J., native, Kevin Johnson.

Team Campus Bordentown includes a 30,000 square foot outpatient treatment center, with 10,000 square feet dedicated to the surgery center. Compass Surgical Partners is syndicating, designing, building and managing the ASC from the ground up.

The ASC project will be a joint venture between Compass, St. Francis and local physicians. Construction will commence at the beginning of 2013, with an anticipated opening date during third quarter 2013. Targeted specialties for the first round of syndication, anticipated to close in fourth quarter 2012, include spine, pain, orthopedics, general surgery and ENT.