Spine Program Added to Capital City Surgery Center
(December 1, 2011)Compass Surgical Partners has added a spine program to Capital City Surgery Center. Two orthopedic spine surgeons and two neurosurgeons have now invested in the joint venture ASC, thus bringing a variety of complex outpatient spine procedures to the center.
Compass was engaged in October 2011 to take over management of the ASC. In addition to a spine program, Capital Surgery Center includes general orthopedics, sports medicine, hand surgery, ENT, ophthalmology, general surgery and urology.
The Capital City Surgery Center will have eight operating rooms and three procedure rooms, and will increase access to efficient, quality medical care and convenience for patients in the Raleigh-Durham area.
DJ Hill Speaks at McDermott Will & Emery's ASC Symposium
(Nov. 15, 2011) – DJ Hill, founding partner of Compass Surgical Partners, was invited to speak at McDermott Will & Emery's annual ASC Symposium, the premier national conference addressing high-level business and legal issues affecting the ambulatory surgery center industry. Hill spoke to an audience of senior executives, and physician and non-physician business decision-makers on the topic of "Turning Around an Underperforming ASC."
The session was conducted with a moderator and panelists. Key points covered included restructuring debt, attracting new physician owners and renegotiating payor contracts.
Compass Enters into Joint Venture with WakeMed and Community-Based Physicians
(October 1, 2011) – In less than a month after its September 2011 launch, Compass Surgical Partners was selected by WakeMed to take over the development and management of Capital City Surgery Center, a multispecialty ambulatory surgery center (ASC). The center — a joint venture between WakeMed, community physicians and Compass — is the largest ASC project on the East Coast in the last five years.
Designed as a joint venture model, the surgery center allows WakeMed and local physicians to strategically align on issues such as patient care and clinical quality. The Capital City Surgery Center is an anchor tenant for the 87,000 square foot WakeMed Raleigh Medical Park located near the corner of New Bern Ave. and Sunnybrook Rd., adjacent to WakeMed Raleigh Campus.
Compass Surgical Partners Is Launched
(September 10, 2011) – Compass Surgical Partners, a firm specializing in the investment, management and development of ambulatory surgery centers (ASCs), began business on September 10.
The firm is founded by Darin Jay (DJ) Hill and Sean Rambo, who worked together as senior executives at Titan Health Corporation, a venture-backed enterprise with partner ASCs throughout the United States.
Hill and Rambo were instrumental in Titan's national strategic growth initiatives and its successful merger with United Partners Surgical International in 2011. With the sale of Titan, the two executives launched Compass Surgical Partners to offer individualized strategies to optimize the value of ASCs within each unique marketplace.
As a comprehensive management firm, Compass offers ASCs a hybrid approach between majority equity firms and standard consulting. With a minority equity investment, Compass can provide the systems, business acumen and people that will turn an underperforming ASC into a high-performance, profitable business venture for its owners. Compass also participates in joint ventures by managing ASCs from inception to completion by putting the proper formula for success in place from the very beginning.
With its select team of experts in the field, Compass has the ability to navigate quickly and efficiently in the ASC marketplace. To increase an ASC's performance, the team focuses on the center's marketplace, local opportunities, culture and internal systems in order to formulate strategies that will solve problems and create the advantage for the stakeholders.