The Center for Minimally Invasive Surgery (“CMIS”) has formed a partnership with Surgical Care Affiliates, Inc. (NasdaqGS:SCAI) (“SCA”).
Duff & Phelps' Role
Duff & Phelps served as exclusive financial advisor to CMIS in connection with the sale of its real estate in the transaction.
About The Center for Minimally Invasive Surgery
CMIS is an independent, privately-owned multi-specialty surgical practice with over 30 surgeons, 18 of which are also physician-partners that operate a hospital-licensed ambulatory surgery center (ASC). CMIS’ success is predicated on its mission to provide a patient-centered experience from the first consultation through post-surgery. The company is based in Mokena, Illinois. The practice thrives from a diversity of procedures, with some of the most advanced, minimally invasive surgical techniques to treat a broad array of procedures. As a result of its strong reputation and quality care, CMIS draws patients from a 30 mile surrounding radius, including the greater Chicago area.
About Surgical Care Affiliates, Inc.
SCA, together with its subsidiaries, owns and operates a network of multi-specialty ambulatory surgery centers and surgical hospitals in the United States. SCA partners with physicians, health systems and health plans across the country to develop and operate surgical facilities. As of September 30, 2015, SCA operated 194 surgical facilities, including ambulatory surgery centers and surgical hospitals, in partnership with approximately 2,600 physicians. SCA is headquartered in Deerfield, Illinois.